Tag Archives: earnings

Yara’s First Quarter 2024: Earnings Dip Amidst Rising Deliveries, Decarbonization Success, and Market Dynamics Shift

(IN BRIEF) Yara’s first-quarter 2024 earnings saw a decline, with EBITDA down by 11% compared to the previous year, primarily attributed to lower prices. Despite this, total deliveries surged by 12%, notably in Europe, which saw a 37% increase. The … Read the full press release

NIRAS Reports Record Earnings and Steady Growth, Sets Ambitious Goals for Future

(IN BRIEF) NIRAS, a leading consultancy firm, has announced its robust annual results for 2023, boasting record earnings (EBITA) of DKK 167 million and a commendable organic growth rate exceeding 10%. Despite challenging market conditions marked by inflation and global … Read the full press release

Naturgy Demonstrates Resilience with 20% Increase in Net Profit for 2023

(IN BRIEF) Naturgy, a prominent energy group, announced strong financial results for 2023 despite challenging market conditions. Their EBITDA increased by 11%, reaching 5,475 million euros, with a 20% rise in net profit to 1,986 million euros. The company heavily … Read the full press release

Yara Reports Lower Fourth-Quarter Earnings but Sees Positive Market Trends for 2024

(IN BRIEF) Yara, a leading fertilizer company, announced its fourth-quarter financial results, revealing a decline in earnings compared to the previous year due to lower market prices and one-off position effects. Despite this, the company’s EBITDA stood at USD 586 … Read the full press release

Equinor Posts Robust Q4 Earnings of USD 8.68 Billion Amid Strategic Growth Moves

(IN BRIEF) Equinor, a leading energy provider, reported strong financial results for the fourth quarter of 2023, recording adjusted earnings of USD 8.68 billion and USD 1.88 billion after tax. The quarter saw significant operational achievements, including a 2.1% production … Read the full press release

Swiss Re Reports Robust Earnings of $2.5 Billion in First Nine Months of 2023

(IN BRIEF) Swiss Re, a global reinsurance company, has announced strong financial results for the first nine months of 2023, posting a net income of USD 2.5 billion. In the third quarter alone, the company recorded a profit of USD … Read the full press release

E.ON Reports Strong First-Half Growth and Raises 2023 Earnings Forecast Amidst Calming Energy Markets

(IN BRIEF) E.ON, a leading energy company, has reported positive first-half results for 2023, attributed to a more stable energy market environment. Both of its segments, Energy Networks and Customer Solutions, showed strong operating performances. This has led E.ON to … Read the full press release

Stora Enso’s new guidance reveals weaker 2023 earnings due to worsening market outlook

(IN BRIEF) Stora Enso, in its financial statement release for 2022, had indicated that its full-year 2023 operational EBIT would be lower than the previous year. However, the company’s new guidance reveals that the 2023 operational EBIT is expected to … Read the full press release

MAN Truck & Bus takes steps to improve earnings and sales in struggling bus business

(IN BRIEF) MAN Truck & Bus has announced the reorganization of its bus business management as part of a larger transformation initiative. Barbaros Oktay has been appointed as Head of Bus (HoB), responsible for the bus unit’s overall entrepreneurial management, … Read the full press release

LEGO Group in H1 2022: double-digit top line growth despite global uncertainties as the toy company celebrates its 90th anniversary

Revenue grew 17 percent to DKK 27.0 billion. Consumer sales grew 13 percent. Operating profit was stable at DKK 7.9 billion. Net profit was DKK 6.2 billion. Free cash flow was DKK 3.8 billion. Market share gains globally and in … Read the full press release

Bankinter announces record 2021 financial results in a year of economic recovery

Stripping out the capital gain from Línea Directa, recurring net profit stands at 437.4 million euros, up 37.9% from 2020. Operating income tops 1,000 million euros for the first time, rising 13.9 % from the year before. A year of … Read the full press release

Equinor invites equity analysts to provide estimates for its third quarter adjusted results

(PRESS RELEASE) STAVANGER, 8-Oct-2021 — /EuropaWire/ — Equinor ASA (OSE:EQNR, NYSE:EQNR), an oil, gas, wind and solar energy company active in more than 30 markets globally, has sent an invitation to analysts with coverage of the company to provide their … Read the full press release

Zumtobel Group in Q1: revenues up by 15.4 percents; Group confirms FY 2021/22 outlook despite increased raw material prices

Group revenues rise by 15.4% to EUR 289.3 million in the first quarter EBIT nearly triples to EUR 20.1 million Net profit rises to EUR 13.4 million Outlook for the 2021/22 financial year confirmed despite increased raw material prices and … Read the full press release

Henkel in 1H 2021: Group sales up by 11.3% exceeding pre-crisis level; Operating profit up by 20.1%

Group sales show organic growth of +11.3 percent to around 10 billion euros (nominal +4.7 percent), driven by all business units and regions Operating profit* rises to 1,430 million euros, +20.1% EBIT margin* increased to 14.4%, +1.9 percentage points Earnings per … Read the full press release

ANDRITZ GROUP in Q2 and H1 2021: significant rise in profitability on slightly lower revenue

(PRESS RELEASE) GRAZ, 3-Aug-2021 — /EuropaWire/ — ANDRITZ GROUP, Austria-based international technology group active in the supplies of plants, equipment, systems and services across multiple industries, has announced the results for Q2 and H1 2021. The group has seen favorable … Read the full press release

Holcim in 1H2021: new records in Recurring EBIT, free cash flow and earnings per share

Growth momentum continues, net sales +16.6% LFL Significant margin increase in all regions, Recurring EBIT +72.2% LFL Record Free Cash Flow1 of CHF 814m, +9% 7 bolt-on acquisitions, successful start of Firestone Building Products Guidance for FY2021 Recurring EBIT growth … Read the full press release

Volvo Group to release its 3Q2020 report on 20 October 2020

(PRESS RELEASE) GOTHENBURG, 6-Oct-2020 — /EuropaWire/ — Volvo Group (STO: VOLV-B), a Swedish multinational manufacturing company, has announced it will release the Group’s third quarter 2020 report on 20 October 2020 at 7.20 a.m. CEST while the conference call for … Read the full press release

Sika in 1H2020: Despite COVID-19 growth in local currencies; focus on cash flow and liquidity; more favorable market conditions expected in 2H2020

Sales growth of 2.9% in local currencies to CHF 3,614.6 million (–3.2% in CHF) High negative currency effect of –6.1% (impact of minus CHF 225 million in sales and CHF 29 million in EBIT) Maintained high EBITDA margin of over … Read the full press release

Unilever 1H-2020: business demonstrates resilience; cash flow up; dividend maintained

(PRESS RELEASE) LONDON, 23-Jul-2020 — /EuropaWire/ — British-Dutch multinational consumer goods company Unilever has announced its results for the first half of 2020, which show that overall underlying sales declined 0.1%, with developed markets up 2.4% and emerging markets down … Read the full press release

Agfa-Gevaert Group CEO Pascal Juéry on 1Q 2020 results: COVID-19 impact on printing; strong cash flows generated; net financial debt lowered

(PRESS RELEASE) MORTSEL, 12-May-2020 — /EuropaWire/ — Belgian-German multinational group Agfa-Gevaert N.V. has just released its comments on the group’s Q1 2020 results. Despite challenging economic conditions the company reports of solid results in the first quarter of 2020. Sale … Read the full press release