corporate-profits
Top StoriesLufthansa’s Eurowings Sees Positive Operating Result in Fy 23
Top StoriesGermany’s Fraport Sees Earnings Boost on Higher Passenger Volumes
Top StoriesEnBW Sees Fy Adjusted EBITDA at Upper End of Forecast Range
Top StoriesSiemens Healthineers Confirms Outlook Despite Problems at Varian
Taylor Wimpey Expects Full-Year Profits to Halve Amid Housing Gloom
Date: August 2, 2023
Taylor Wimpey expects full-year profits to halve amid housing gloom By Suban Abdulla and Aby Jose Koilparambil LONDON (Reuters) -Taylor Wimpey’s pledge to build more homes than previously forecast boosted the British housebuilder’s shares on Wednesday even though it expects annual operating profits to halve in its current year amid wider housing market stress. Britain’s...
Covestro Sees 2023 EBITDA at Lower End of Forecast Range
Date: August 1, 2023
Covestro sees 2023 EBITDA at lower end of forecast range (Reuters) – German chemicals maker Covestro on Tuesday said it expects its 2023 core profit to be at the lower end of its forecast range after posting a 30% drop for the second quarter due to lower demand and falling volumes. Covestro, as the whole...
ArcelorMittal Cuts Steel Demand Forecast, Beats Profit Expectations
Date: July 27, 2023
ArcelorMittal cuts steel demand forecast, beats profit expectations By Marine Strauss BRUSSELS (Reuters) -ArcelorMittal, the world’s second-largest steelmaker, lowered its steel shipments forecast on Thursday for this year, as it reported second-quarter earnings that exceeded expectations. The group said global steel demand excluding China is expected to grow 1% to 2% this year, down from...
Naturgy’s Profit Rises on Lng Gains, Soothing Shareholders
Date: July 24, 2023
Naturgy’s profit rises on LNG gains, soothing shareholders By Pietro Lombardi MADRID (Reuters) – Spanish power utility Naturgy reported on Monday an 88% jump in profit for the first six months of the year, boosted by strong earnings at its liquefied natural gas (LNG) business, which could help it to win over restive investors. Earlier...
Ryanair Q1 Profits Soar, Cuts Fy Passenger Forecast on Boeing Delays
Date: July 24, 2023
Ryanair Q1 profits soar, cuts FY passenger forecast on Boeing delays DUBLIN (Reuters) -Ryanair on Monday posted a 663 million euro ($737.26 million) after-tax profit for the three months ending in June, far above pre-pandemic levels, but lowered its passenger growth forecast for 2023 because of Boeing delivery delays. The Irish airline, Europe’s largest by...
Nokian Tyres Profit Tumbles Amid Russian Exit, Shares Fall
Date: July 21, 2023
Nokian Tyres profit tumbles amid Russian exit, shares fall HELSINKI (Reuters) -Finland’s Nokian Tyres on Friday reported a sharp fall in operating profit for the second quarter, sending its shares down 8%, but said it expected the second half of the year to be stronger than the first as winter tyre sales picked up. The...