Category Archives:
Telenet reports core profit falls 3% in H1
(Reuters) - Telecom firm Telenet reported core profit fell 3% in the first half of the year, citing the impact of inflation and higher energy prices. The group reported adjusted earnings before intere...
Jul 28, 2022
Volkswagen confirms outlook as operating profits tumble in Q2
BERLIN (Reuters) -The Volkswagen Group saw a 27.7% fall in operating profit before special items to 4.7 billion euros ($4.79 billion) in the second quarter, the carmaker reported on Thursday, as negat...
Jul 28, 2022
Sanofi lifts profit outlook as Dupixent sales surge over 43%
(Reuters) - French healthcare group Sanofi lifted its full-year earnings outlook on continued strong sales growth for its bestselling drug Dupixent. In a statement on Thursday, Sanofi said it now expe...
Jul 28, 2022
HeidelbergCement lowers profit outlook on high energy costs
FRANKFURT (Reuters) - HeidelbergCement, the world's No.2 cement maker, on Thursday posted a 4.3% drop in second-quarter core profit, citing challenges ahead because of an unprecedented increase in ene...
Jul 28, 2022
Orange Q2 core operating profit up 0.5% on Africa, Middle East boost
PARIS (Reuters) - Orange, France's biggest telecoms firm, said on Thursday second-quarter core operating profit rose 0.5% from a year earlier, as strong growth from its African and Middle East divisio...
Jul 28, 2022
Nestle raises organic growth outlook, trims margin guidance
ZURICH (Reuters) -Nestle on Thursday raised its full-year sales growth forecast to 7-8% and just slightly lowered its margin guidance after cost inflation hurt less than expected and price increases b...
Jul 28, 2022
AB InBev reports higher than expected Q2 earnings
BRUSSELS (Reuters) - Anheuser-Busch InBev, the world's largest brewer, on Thursday reported higher than expected second-quarter earnings as consumers drank more and paid higher prices for its beers. T...
Jul 28, 2022
Chipmaker STMicroelectronics beats estimates, lifts 2022 outlook
STOCKHOLM (Reuters) -Franco-Italian chipmaker STMicroelectronics reported on Thursday second-quarter revenue that exceeded analysts' expectations, benefiting from strong demand for its chips used in s...
Jul 28, 2022
France’s Safran posts higher H1 profit despite supply chain woes
PARIS (Reuters) - French jet engine maker Safran posted higher first-half earnings and raised some forecasts as airlines bought more spare parts to serve a recovery in air travel - but acknowledged fr...
Jul 28, 2022
S.Korean exports retain single-digit growth in July; inflation at 24-yr high – Reuters poll
By Jihoon Lee SEOUL (Reuters) - South Korean export growth rate likely rebounded in July, but remained in the single-digit level, a Reuters poll showed on Thursday, while consumer inflation is seen ac...
Jul 28, 2022
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