financial-performance
Top StoriesGE’s Investors Seek Solutions to Renewable Energy, Supply Chain Challenges
Top StoriesCepsa to Nearly Double Investments Over Next 3 Years as Profit Soars
Top StoriesUbisoft Vows to Get Back to Operating Margin Above 20% in Medium Term
Top StoriesBig Oil Doubles Profits in Blockbuster 2022
Equinor Shares Soar on Record 2022 Profit, Q4 Beat
Date: February 8, 2023
By Nerijus Adomaitis OSLO (Reuters) – Equinor on Wednesday posted a record $74.9 billion adjusted operating profit for 2022, more than double its previous high, as gas prices soared and fourth-quarter results beat expectations, boosting its share price by 7%. The Norwegian oil and gas producer’s adjusted earnings before tax and interest for October-December rose...
SMEs Weather the Economic Storm: How ESGs Can Help Build Resilience
Date: February 8, 2023
By Rupert Bull, CEO and founder of data and assessment research platform, The Disruption House Small and medium-sized enterprises (SMEs) are facing increasing pressure to demonstrate their commitment to environmental, social, and governance (ESG) principles. This is because investors and lenders are becoming more interested in funding companies that prioritise sustainability, ethical practices, and good governance. ESG has...
Nokia Says Is Gaining Market Share, Sees 2023 Growth
Date: January 26, 2023
By Anne Kauranen and Supantha Mukherjee HELSINKI/STOCKHOLM (Reuters) – Nokia on Thursday beat quarterly operating profit expectations and forecast higher 2023 sales as the Finnish telecom equipment maker said it had been able to gain market share, benefitting from 5G roll-out in countries such as India. “We are taking market share now,” Chief Executive Pekka...
Bankinter’s 58% Q4 Net Profit Rise Overshadowed by Rise in Costs
Date: January 19, 2023
By Jesús Aguado MADRID (Reuters) -Spain’s Bankinter hit its net profit target in 2022, a year ahead of schedule, powered by higher lending income though higher costs took some of the shine off a strong final quarter. Spain’s fourth largest bank by market value posted a 58% rise in fourth-quarter profit to 130 million euros...
Rolls-Royce Rides Ongoing Luxury Demand to Sales Record in 2022
Date: January 9, 2023
By Nick Carey LONDON (Reuters) – Rolls-Royce on Monday reported record sales last year despite an average price tag of around $534,000 for its luxury cars and a drop in Chinese demand, with orders stretching into 2023. The British carmaker, which began as Rolls-Royce in Manchester, England nearly 120 years ago and is now owned...
New Communications Technology Can Help Boost Company-Shareholder Engagement
Date: December 22, 2022
By Patrick Yau, Managing Director of Strategic Investor Relations, Edison Group In recent years, shareholders and boards of publicly traded companies have increasingly invited mutual dialogue. This trend is part of a new paradigm in corporate governance in which technology has been increasingly relied upon to bring greater transparency, accountability, and shareholder input. Yet despite...