dividend
Top StoriesLindt & Spruengli Proposes Dividend Hike as 2022 Sales, Profit Climb
Top StoriesBritish Property Portal Rightmove Hikes Dividend After Annual Profit Jump
InvestingPandora Shares Jump 8% on Upbeat Fourth-Quarter Results
InvestingEquinor Shares Soar on Record 2022 Profit, Q4 Beat
UK’s Barratt Cuts Dividend as Housing Slowdown Bites
Date: February 8, 2023
By Aby Jose Koilparambil (Reuters) -UK housebuilder Barratt on Wednesday cut its mid-year dividend by 9% amid a slowing market and dwindling cash and said it plans to cut operating costs if bookings fail to improve over the coming months. The country’s housing market has slammed into reverse as soaring inflation curbs spending power, with...
FTSE 100 Inches Towards Recent Highs as Bp Shines
Date: February 7, 2023
By Sruthi Shankar (Reuters) – UK’s FTSE 100 rose on Tuesday as bumper earnings from oil giant BP and a rally in energy stocks helped counter investor worries that the Federal Reserve will keep interest rates higher for longer. The blue-chip FTSE 100 rose 0.5%, inching closer to the all-time high it hit last week....
Lockmaker Assa Abloy Boosts Dividend, but Wary on Outlook
Date: February 3, 2023
STOCKHOLM (Reuters) -Assa Abloy, the world’s biggest lockmaker, raised its dividend more than expected as it met quarterly profit forecasts on Friday, signalling its confidence even as it braces for an uncertain economic outlook. The Swedish group reported a 28% increase in fourth-quarter operating profit to 5.15 billion Swedish crowns ($49.62 billion) from 4.01 billion...
Telenor Q4 Profit Beats Forecast, Dividend Lags Expectations
Date: February 2, 2023
OSLO (Reuters) – Norwegian telecoms operator Telenor on Thursday reported fourth-quarter earnings slightly above expectations and said forecast continued growth in 2023 in service revenue and core profit in its Nordic business. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for October-December was flat year-on-year at 10.1 billion Norwegian crowns ($1.02 billion), while analysts...
Dutch Telecom Kpn Locks in 2023 Targets Helped by Cost Controls
Date: January 31, 2023
(Reuters) -Dutch telecoms company KPN NV aims to slightly improve its core profit this year, it confirmed on Tuesday, supported by cost savings that should also boost its cash flow. Soaring consumer prices and slowing economies are creating new challenges for telecom operators, who have seen profitability eroded in recent years by cut-throat competition and...
Lonza to Buy Back $2.17 Billion Worth of Shares, Backs Mid-Term Growth
Date: January 25, 2023
By Ludwig Burger and Tristan Chabba (Reuters) -Lonza on Wednesday said it will buy back shares worth 2 billion Swiss francs ($2.17 billion), despite an expected drop in annual margins, as the Swiss drug contract manufacturer backed its growth prospects for the near future. Lonza expects its 2023 core earnings before interest, depreciation and amortization,...