Tag Archives: earnings

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

Henkel Q1 FY 2020: despite COVID-19 pandemic sales slightly below vs last year

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

Siemens Q2 FY 2020: robust quarter in the midsts of COVID-19 pandemic

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

ANDRITZ GROUP reports 5,710.8 MEUR sales in 2013, up 10.3% YoY

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

TÜV Rheinland AG announced initial estimate indicates record revenues of over €1.6 billion for the group in 2013

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

CEPSA Group reports €236.2 million accumulated net income in first 9 months of 2013, down 55% YoY

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

K+S Group released Q3 2013 results, lower revenues and earnings

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

AF Group reports historically high order backlog in 3Q 2013

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

HUGO BOSS AG reported increased sales and profitability in the first nine months of 2013

 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

TeliaSonera AB released its Interim Report for January-June 2013

23-7-2013 — /EuropaWire/ — Positive organic sales growth and higher margin Second quarter summary Net sales in local currencies, excluding acquisitions and disposals, increased 0.4 percent. In reported currency, net sales decreased 3.9 percent to SEK 25,274 million (26,294). The addressable … Read the full press release

Klöckner & Co Q1 2013 results announced

Turnover down 11.4% to 1.6 million tons and sales down 16.5% to approximately €1.6 billion Gross profit of €303 million down 11.9% on the prior-year figure (€344 million) due to lower turnover and prices; gross profit margin improved from 17.7% … Read the full press release

Sampo Group Q1 2013 results

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

KfW IPEX-Bank increased its credit business by EUR 1.4b to EUR 12.9b in 2012

Balance sheet 2012: KfW IPEX-Bank holds steady course Increase in new commitments in original credit business to EUR 12.9 billion Contribution to ensuring KfW’s promotional capacity: Subsidiary KfW IPEX-Bank generates EUR 298 million of KfW’s consolidated earnings Operating income of … Read the full press release