(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
Posted in Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Christian Mumenthaler, earnings, Financial, investment, John Dacey, Swiss Re
(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Management, News
Tagged E.ON, earnings, energy markets, Financial, Leonhard Birnbaum, Marc Spieker, sustainability
(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
Posted in Business, Financial, Finland, Industrial, Management, News
Tagged earnings, Financial, market outlook, Stora Enso
(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
Posted in Business, Financial, Germany, Management, News, Transportation & Logistics
Tagged Alexander Vlaskamp, Barbaros Oktay, bus business, earnings, Germany, MAN Truck & Bus, Rudi Kuchta, sales
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
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
Posted in Banks, Financial, Investment, News, Spain
Tagged bank, bank in Spain, Bankinter, Bankinter Group, earnings, EBA, economic recovery, European Banking Authority, financial results, financial soundness, Línea Directa, profit, Return on equity, RoE
(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
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Management, News, Norway
Tagged earnings, Equinor, financial results, production estimates
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
Posted in Austria, Business, Financial, Management, News
Tagged Alfred Felder, e lighting solutions, earnings, Financial result, lighting components, Net profit, revenues, shareholders, shares, Zumtobel Group
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
Posted in Business, Chemicals, Financial, Germany, Industrial, Management, News, Technology
Tagged chemicals, earnings, EBIT, Henkel, Operating profit, Organic sales, Outlook
(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
Posted in Austria, Business, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, Covid pandemic, earnings, EBITA, financial figures, investment, revenue, supply chains, Wolfgang Leitner
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
Posted in Business, Construction, Financial, Industrial, Management, News, Switzerland
Tagged aggregates, building, earnings, financial results, Firestone, holcim, Jan Jenisch
(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
Posted in Automotive, Business, Financial, Investment, Management, News, Sweden
Tagged Claes Eliasson, conference call, earnings, Jan Ytterberg, Martin Lundstedt, The Volvo Group
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
Posted in Business, Construction, Industrial, Management, Switzerland
Tagged cashflow, construction, COVID-19, earnings, liquidity, Paul Schuler, resilience, Sika
(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
Posted in Apparel, Fashion & Beauty, Business, Financial, Investment, News, United Kingdom
Tagged Alan Jope, cashflow, COVID-19, dividend, earnings, resilience, Unilever
(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
Posted in Belgium, Business, Financial, Healthcare, Management, Science, Technology
Tagged Agfa HealthCare, Agfa-Gevaert Group, earnings, financial results, imaging, IT business, Pascal Juéry, Q1 2020, Radiology Solutions, revenue
Group sales impacted by COVID-19 pandemic: nominal -0.8%, organic -0.9% Adhesive Technologies sales decrease in sharply declining industrial business environment: nominal -4.3%, organic -4.1% Beauty Care sales lower due to significantly negative Hair Salon business: nominal -2.6%, organic -3.9% Laundry … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Industrial, Management, News
Tagged 1Q2020, Adhesive Technologies, Beauty Care, Carsten Knobel, COVID-19, earnings, financial results, Henkel, Laundry & Home Care, revenues
Revenue was €14.2 billion, nearly level with the same quarter a year ago, as increases at Siemens Healthineers and Mobility offset a decline at Digital Industries; orders declined 8%, to €15.1 billion, on sharply lower volume from large orders at … Read the full press release
Posted in Business, Financial, Germany, Management, News, Technology
Tagged earnings, financial results, Joe Kaeser, revenue, Siemens AG, Siemens Gamesa Renewable Energy, Siemens Healthineers, Wolfram Trost
Graz, Austria, 28-2-2014 — /EuropaWire/ — International technology Group ANDRITZ looks back on a disappointing 2013 business year. Although the HYDRO and METALS (including Schuler) business areas saw very positive development, the results of the PULP & PAPER and SEPARATION business … Read the full press release
Cologne, Germany, 20-1-2014 — /EuropaWire/ — According to an initial estimate, TÜV Rheinland achieved record revenues of over €1.6 billion in 2013, continuing its growth both on the German domestic market and at international level. Adjusted to currency fluctuation, the global testing … Read the full press release
Dwindling refining margins and the slump in domestic consumer demand negatively impacted results in the third quarter. Capital expenditures in January-September 2013 amounted to €686 million. Madrid, Spain, 21-11-2013 — /EuropaWire/ — Accumulated net income for the CEPSA Group at September 30, 2013, on … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Infrastructure & Utilities, Investment, Spain
Tagged CEPSA Group, earnings, exploration, gas, Net income, Petrochemicals, power, Refining, weak refining margins
Global potash market characterised by considerable uncertainty and by decreasing international potash prices in the quarter under review Potash and Magnesium Products business unit therefore with lower average price level Salt business sales volume a good 9% above the previous … Read the full press release
Posted in Agriculture, Business, Chemicals, Financial, Germany, Industrial
Tagged earnings, international potash prices, K+S Group, Magnesium, Michael Wudonig, Norbert Steiner, potash, Potash market, revenues, Thorsten Boeckers
Oslo, Norway, 18-11-2013 — /EuropaWire/ — The AF Group has a high level of activity and is performing well. A historically high order backlog give grounds for continued profitable growth. The AF Group reported revenues of NOK 2,534 million (NOK 2,306 million) … Read the full press release
Posted in Business, Construction, Financial, Infrastructure & Utilities, Investment, Norway
Tagged AF Group, AF Gruppen, contractors, earnings, order backlog, Oslo, Pål Egil Rønn, revenues
Accelerating growth momentum in Group’s own retail business supports sales expansion in third quarter Rise in sales and significantly higher gross profit margin drive operating profit increase Management forecasts sales and earnings improvements of between 6% and 8% for 2013 as … Read the full press release
23-5-2013 — /europawire.eu/ — Good development continued as Sampo Group’s profit before taxes for the first quarter of 2013 amounted to EUR 370 million compared to EUR 370 million in the first quarter of 2012. Earnings per share remained at EUR … Read the full press release
Posted in Business, Financial, Finland, Insurance, Investment
Tagged earnings, Kari Stadigh, Net asset, profit, profit before taxes, Q1 2013 Results, Sampo, Sampo Group
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