corporate-profits
Top StoriesSiemens Misses Profit Forecast as Industrial Business Struggles
Top StoriesCatering Firm Compass Lifts Profit Forecast After Strong First Half
Top StoriesLondon Stocks Muted Ahead of More Earnings, Economic Data
Top StoriesHonda Sees Full-Year Profit Rising 2.8%
Brembo Q1 Operating Profit Rises on Record Sales
Date: May 9, 2024
Brembo Q1 operating profit rises on record sales (Reuters) – Italian premium brake maker Brembo posted on Thursday an 8.5% yearly increase in first-quarter operating profit as revenues grew to a record 1 billion euros in the quarter. Brembo’s January-March operating profit (EBIT) stood at 112.8 million euros ($121.06 million), while its net profit marginally...
British Pub Group Jd Wetherspoon Expects Profit at Upper End of Market Forecast
Date: May 8, 2024
British pub group JD Wetherspoon expects profit at upper end of market forecast (Reuters) – British pub group J D Wetherspoon on Wednesday forecast its profit to be towards the upper end of market expectations after it posted higher third-quarter sales, aided by strong demand for its traditional ales and vodka. The group, which owns...
Munich Re Q1 Net Profit up 68%, in Line With Preliminary Figures
Date: May 8, 2024
Munich Re Q1 net profit up 68%, in line with preliminary figures FRANKFURT (Reuters) – The German reinsurer Munich Re on Wednesday posted a 68% rise in the first quarter net profit, a level that was in line with preliminary figures published last month. Net profit in the quarter of 2.140 billion euros ($2.30 billion)...
BioNTech Says 90% of 2024 Revenues Will Accrue at End of Year
Date: May 6, 2024
BioNTech says 90% of 2024 revenues will accrue at end of year By Ludwig Burger FRANKFURT (Reuters) -Germany’s BioNTech, whose COVID-19 vaccine in partnership with Pfizer was widely used during the pandemic, said on Monday that almost all of its expected 2024 revenues would come in at the end of the year. BioNTech, which is...
Shares in Spain’s Indra Surge After Net Profit Rises 40%
Date: May 6, 2024
Shares in Spain’s Indra surge after net profit rises 40% By Matteo Allievi (Reuters) -Shares in Spanish defence and technology firm Indra surged on Monday after its net profit rose 40% to 61 million euros ($66 million) in the first quarter, supported by strong orders as global tensions spur demand for air defences. Shares in...
Britain’s Next Keeps Profit Guidance After First-Quarter Sales Rise
Date: May 1, 2024
Britain’s Next keeps profit guidance after first-quarter sales rise By James Davey LONDON (Reuters) -British clothing retailer Next on Wednesday kept its forecast for annual profit after reporting a 5.7% rise in first-quarter full price sales, slightly ahead of its guidance. With more than 800 stores in the UK and Ireland and nearly 8 million...