financial-performance
Top StoriesAluminium Maker Hydro Ups Capex, Offers Downbeat Outlook, Shares Drop
Top StoriesLuxury Group Richemont Boosted by Asia Recovery but Americas Weigh
Top StoriesArmani Sales up 18% in Q1 as Asia Rebounds, U.S. Slows Down
Top StoriesItaly’s Mps Vows to Keep Delivering After Sharp Profit Jump
Adidas Shares Leap on Results but CEO Warns of Bumpy Year
Date: May 5, 2023
Adidas shares leap on results but CEO warns of bumpy year By Helen Reid LONDON (Reuters) -Adidas reported better-than-expected quarterly results and said the Chinese market was improving, sending its shares up 8%, although its chief executive warned the group still faces a “bumpy year with disappointing numbers”. The German sportswear giant is forecasting a...
Portugal’s Galp Quarterly Profit up 62%, Below Market Forecast
Date: May 5, 2023
Portugal’s Galp quarterly profit up 62%, below market forecast LISBON (Reuters) -Portugal’s Galp Energia reported on Friday a smaller-than-expected 62% rise in adjusted first-quarter profit as refining margins nearly tripled from a year ago, but crude production and oil prices dropped. It netted 250 million euros ($276 million), below the 294 million euros expected on...
Recruiter Randstad Beats Q1 Earnings Estimates Despite Hiring Slowdown
Date: April 25, 2023
Recruiter Randstad beats Q1 earnings estimates despite hiring slowdown By Romolo Tosiani (Reuters) -Dutch recruitment firm Randstad reported better-than-expected first-quarter core earnings on Tuesday, despite a slowdown in hiring by companies. The performance of staffing firms is seen as a bellwether for broader economic activity as companies’ appetite for hiring indicates confidence in the economy....
Renault Revenues Rise 30% in Q1 on Higher Sales and Prices
Date: April 20, 2023
Renault revenues rise 30% in Q1 on higher sales and prices PARIS (Reuters) -French car maker Renault said on Thursday revenues had grown by 30% in the first quarter thanks to a rebound in sales and higher prices. Boosted by the launch of several premium models, including the electric version of Megane, Arkana and Austral,...
Ericsson’s Quarterly Core Profit Misses Expectations
Date: April 18, 2023
Ericsson’s quarterly core profit misses expectations STOCKHOLM (Reuters) -Sweden’s Ericsson on Tuesday reported first-quarter core earnings that missed expectations as telecom customers in high-margin countries such as the United States held back on spending on 5G equipment. The company’s quarterly adjusted operating earnings fell to 3 billion Swedish crowns ($290.03 million) from 4.7 billion crowns...
Boeing Delivers 130 Planes in Q1, Beating Airbus by 3 Jets
Date: April 11, 2023
By Valerie Insinna WASHINGTON (Reuters) – Boeing on Tuesday announced 130 airplane deliveries over the first quarter of 2023, inching past rival Airbus, which delivered 127 jets. Boeing’s deliveries were up almost 27% from a year earlier, when it delivered 95 jets. The U.S. planemaker delivered 64 aircraft in March, 36% more than the 41...