corporate-profits
Top StoriesCoffee Group Jde Peet’s Posts Surprise Growth in 2023 Operating Profit
Top StoriesAir Liquide Tops Profit Forecast, Hikes 2025 Margin Target
Top StoriesEni Beats Q4 Profit Forecasts Helped by Favourable Arbitration
Top StoriesHeineken Shares Slide on 2024 Outlook
Bottler Coca-Cola Hbc Reports Record Profit
Date: February 14, 2024
Bottler Coca-Cola HBC reports record profit (Reuters) – Coca-Cola HBC expects profit to grow in 2024 as the bottler reported a record annual profit on Wednesday, helped by strong demand for its sparkling drinks, coffee, and energy drinks, as well as easing cost pressures. The Switzerland-based company, in which U.S. beverage giant Coca-Cola owns about...
Tui Swings to Surprise First-Quarter Profit on Robust Travel Demand
Date: February 13, 2024
TUI swings to surprise first-quarter profit on robust travel demand By Joanna Plucinska and Ilona Wissenbach LONDON (Reuters) – Europe’s largest travel operator TUI on Tuesday reported far better-than-expected first quarter results as it swung to a profit on the back of robust travel demand, sending its shares 7.4% higher in early trading in Frankfurt....
Swisscom Profit Rises on Fastweb Growth, Declines Comment on Vodafone Talks
Date: February 8, 2024
Swisscom profit rises on Fastweb growth, declines comment on Vodafone talks By Mateusz Dobrzyniewski and Anastasiia Kozlova (Reuters) -Swisscom met expectations with a 4.9% rise in full-year core profit on Thursday boosted by growth in its Fastweb business in Italy. Fastweb is seeing accelerating growth in its customer base, with revenue from both business and...
Siemens Profit Ahead of Forecast Despite Digital Sector Orders Fall
Date: February 8, 2024
Siemens profit ahead of forecast despite digital sector orders fall By John Revill ZURICH (Reuters) -Siemens reported first-quarter profit slightly ahead of expectations on Thursday despite the German engineering group seeing a slowdown at its flagship factory automation unit. Digital Industries, which supplies companies with software and controllers to operate their production lines, saw new...
Akzo Nobel Misses Profit Forecast, Says It Rolled Back Some Prices in Q4
Date: February 7, 2024
Akzo Nobel misses profit forecast, says it rolled back some prices in Q4 By Stephanie Hamel (Reuters) -Akzo Nobel reported a smaller-than-expected rise in fourth-quarter core profit on Wednesday, as the Dutch paints and coatings maker started rolling back price hikes in some of its markets. The maker of Dulux and Flexa paints has been...
Yields, Dollar Jump on Blowout US Jobs Report, Stocks Edge Up
Date: February 2, 2024
Yields, dollar jump on blowout US jobs report, stocks edge up By Herbert Lash and Dhara Ranasinghe NEW YORK/LONDON (Reuters) -Treasury yields jumped, the dollar surged and global equities edged higher on Friday after a blowout U.S. jobs report scuttled any lingering hopes for a near-term cut in interest rates and underscored a strong economy...