corporate-profits
InvestingUpbeat Earnings Drive European Shares Higher; Barclays Deutsche Bank Jump
Top StoriesUnilever Sales Beat Estimates Even as Price Rises Slow
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Top StoriesBeiersdorf Benefits From Bump in Nivea Sales
Abb Dispels Industrial Gloom to Raise Full-Year Outlook
Date: April 25, 2023
ABB dispels industrial gloom to raise full-year outlook By John Revill ZURICH (Reuters) -ABB Ltd raised its full-year outlook for sales and profit outlook on Tuesday after the Swiss engineering and technology group reported first-quarter profit ahead of forecasts. The maker of chargers for electric vehicles and factory robots has seen a strong start of...
Procter & Gamble Price Hikes Take Sales From Strength to Strength
Date: April 21, 2023
Procter & Gamble price hikes take sales from strength to strength By Jessica DiNapoli and Ananya Mariam Rajesh (Reuters) -Procter & Gamble Co’s customers continued to show little resistance to repeated price hikes, helping the Tide detergent maker boost its annual sales forecast and third-quarter margins. The company also beat Wall Street targets for quarterly...
Heineken Sees Europe Resilience Offseting Asia Slowdown Risk
Date: April 19, 2023
Heineken sees Europe resilience offseting Asia slowdown risk By Philip Blenkinsop BRUSSELS (Reuters) -Heineken maintained its forecast for 2023 profit growth with the risk of slower economic expansion in the Asia-Pacific region offset by greater resilience among beer drinkers in Europe. The world’s second-largest brewer expects its operating profit this year to increase by a...
Just Eat Takeaway Raises 2023 Guidance, Launches Buyback
Date: April 19, 2023
Just Eat Takeaway raises 2023 guidance, launches buyback By Tristan Veyet and Laura Lenkiewicz (Reuters) -Just Eat Takeaway.com NV raised its 2023 adjusted core profit outlook on Wednesday, saying it continues to make good progress on delivery-led operational improvements and is now ahead of plan. Europe’s biggest meal delivery company expects adjusted earnings before interest,...
Bootmaker Dr Martens Warns on Profit as Finance Chief Walks
Date: April 14, 2023
Bootmaker Dr Martens warns on profit as finance chief walks By Prerna Bedi (Reuters) -Dr Martens issued its third profit warning in five months on Friday, as it struggled with higher-than-expected costs at a new Los Angeles (LA) distribution centre. The British company, whose pricey work boots have been fashionable since the 1960s, also said...
Truck Maker Volvo Posts Record Q1 as Sales, Margins Beat Forecasts
Date: April 12, 2023
By Terje Solsvik OSLO (Reuters) – AB Volvo reported record first-quarter profit, a preliminary filing showed, as the truck maker boosted its revenue and margins despite supply bottlenecks and cost inflation, sending its shares up 9.6% in early trade on Wednesday. Its adjusted operating profit rose 45% to 18.4 billion Swedish crowns ($1.76 billion) for...