World news about “Profits” published by euronews.
Upbeat forecast from Toyota Toyota, Japan’s biggest carmaker, has said it sees its full-year profit being much better than it had previously predicted. That is because of cut costs… 07/02/2012
Gloomy outlook from UBS Swiss bank UBS says a restructuring of its investment banking business had failed to give it the improvements hoped for. That division have been hit by the… 07/02/2012
Ryanair lifts profit forecast Ryanair has raised its profit forecast for its current financial year which ends in March. The Irish low-cost airline, which is Europe’s largest, said… 30/01/2012
Apple shares soar on profit jump Apple has returned to form and added more lustre to its high tech-crown with quarterly profit that almost doubled. In the run up to Christmas it sold over… 25/01/2012
Thomas Cook axes 200 shops Cash strapped travel firm Thomas Cook is to close more of its shops in Britain than previously announced — a total of 200. It also posted a pre-tax annual… 14/12/2011
Credit Agricole to cut jobs, warns on profit Credit Agricole is to cut 2,350 jobs, mostly at its investment banking division. The French bank also said it will not pay a dividend to shareholders this… 14/12/2011
Olympus reveals massive balance sheet hitThe true cost of Olympus’ 13-year long fraud has been revealed. The disgraced Japanese camera and medical equipment maker has met a deadline for filing… 14/12/2011
Greek losses drag SocGen profit down Societe Generale has posted a slump in quarterly profits; it was hit by charges including losses on money it has loaned to Greece. France’s second-biggest… 08/11/2011
VW turns in stellar nine-month earnings A stunning set of numbers from Volkswagen. Between January and September it sold 14.1 percent more vehicles than in the same period last year. Though … 27/10/2011
Ford profit beats forecast Ford has posted its second best third quarter figures in the company’s history of 1.19 billion euros. It was the 10th consecutive quarterly profit for the… 26/10/2011
Carrefour cuts profit expectations again A big profit warning from Carrefour – the fifth profit so far this year from the French group. Europe’s largest retailer said its profits this year will slump… 31/08/2011
Gold Fields profit leaps Glittering results from Gold Fields, the world’s fourth-largest producer of the precious metal, as it reported a 15 percent rise in quarterly profit with… 11/08/2011
EADS looks to higher 2012 profit After posting forecast-beating second-quarter results, EADS is forecasting a significant rise in operating profit next year as demand for aircraft grows. It… 29/07/2011
Boeing profit beats forecast Boeing’s quarterly profit came in much better than expected at $941 million (655 million euros). The world’s largest aerospace and defence company said… 27/07/2011
Pricy fuel hits Ryanair profits Ryanair has said that higher summer ticket sales will keep it on track to meet its earnings targets this year. That comes after soaring fuel costs squeezed… 25/07/2011
Philips loss on weak consumer demand Philips has surprise investors by revealing a 1.3 billion euro quarterly net loss. At the same time the Dutch group said it would cut 500 million euros of… 18/07/2011
Another profit warning from Carrefour Carrefour has issued a warning on profits for the fourth time in a year and admitted it made a mistake in raising prices earlier this year, before some of its… 13/07/2011
Profit warning hits Thomas Cook shares Thomas Cook says profit for its full financial year will be lower than it had hoped – probably around 364 million euros. Europe’s second-biggest travel… 12/07/2011
Philips issues profit warning Philips shares slumped after it warned of sharply lower profits at two of its three key divisions and said it would announce cost cuts soon. Sales were weak… 22/06/2011
Higher costs squeeze HM profits Sweden’s Hennes and Mauritz has posted a slightly bigger than expected fall in quarterly pretax profit amid what it calls challenging market conditions. The… 22/06/2011
Profit slumps at UK Royal Mail Britain’s Royal Mail has suffered a massive slump in profits as people sent fewer letter and parcels and as it spend money on modernising. The UK government… 14/06/2011
Emerging markets boost Siemens profitSiemens says it managed to beat profit forecasts for the three months to the end of last year. Net profit from continuing operations rose 17 percent to 1.79… 25/01/2011
China continues to bank healthy profitsChina’s current account surplus doubled in Q3 from a year before, equalling 5.1 percent of GDP, over the four percent cap suggested by the US Treasury… 25/11/2010
Siemens upbeat on growthSignalling its confidence in the future, Siemens is sharply raising its dividend to shareholders. Europe’s biggest engineering company announced a surge in… 11/11/2010
Euro Disney’s losses narrowEuro Disney has again announced an annual loss, but a smaller one than previously thanks to the sale of property assets. In the 12 months to the end of… 10/11/2010
Ericsson dials up higher profitsMobile phone network equipment maker Ericsson has posted a better than expected rise in third-quarter profit. Net income was the equivalent of 398 million… 22/10/2010
Hermes bounces backFrench luxury goods group Hermes saw its operating profit rise by 52 percent in the first half of the year. It came in at 304.5 million euros from 199.8… 31/08/2010
Spyker trims Saab sales targetSpyker, the Dutch sports car maker that bought Saab from General Motors earlier this year, has posted another loss. It also trimmed Saab’s sales targets and… 27/08/2010
Lindt enjoys sweet salesSwiss chocolate maker Lindt is upbeat about sales for this year. It said strong demand for its premium chocolates boosted its market share in the first six… 24/08/2010
Wal-Mart’s sales down, profit upThe world’s largest retailer, Wal-Mart has announced sales fell at its stores in the United States for the fifth straight quarter. It was however able to… 17/08/2010
Russia cheers Carlsberg’s profitCarlsberg has posted a much better than expected increase in operating profit in the second quarter and raised its financial outlook for this year. One… 17/08/2010
Stylish July profits for H&MSwedish fashion giant Hennes & Mauritz enjoyed sharply higher sales in July. The retailer, which is the world’s third biggest in terms of turnover, said… 16/08/2010
GM posts best quarterly profit since 2004General Motors has announced its biggest quarterly profit in six years. It was in the black for the second consecutive quarter. Net earnings were $1.3… 12/08/2010
BNP Paribas and HSBC delight marketsA couple of Europe’s biggest banks have just announced better-than-expected second quarter profits. BNP Paribas in France has seen profits leap by more… 02/08/2010
Sony boosts forecastJapanese consumer electronics maker Sony is forecasting a five fold jump in annual operating profit to 1.34 billion euros in the coming year, but that did… 13/05/2010
Toyota back in the blackToyota returned to profit in the financial year just ended despite the cost of recalls for more than eight million vehicles due to safety issues. The… 11/05/2010
Utilities upbeat about European demandEuropean utilities are sticking to their profit forecasts for this year. Germany’s E.ON, which is the world’s largest utility in terms of sales, said that… 11/05/2010
RBS helped by fewer bad debtsRoyal Bank of Scotland posted an unexpected return to profit in the first three months of this year as bad debts continued to shrink. Operating profit was… 07/05/2010
Surprise profit for Sony EricssonMobile phone maker Sony Ericsson has posted a surprise pre-tax profit in the first-quarter of 18 million euros. That was down to major cost cuts and a push… 16/04/2010
Samsung benefits from recoverySouth Korea’s Samsung is predicting a huge rise in profit this year. The world’s largest maker of semiconductors and flat-screen TVs has just announced a… 06/04/2010
Lloyds looks to 2010 profitLloyds Banking Group is predicting that it will return to profit this year thanks to fewer bad debts. In 2009 it lost seven billion euros. The bank, which… 19/03/2010
Iberia’s profits slumpSpanish airline Iberia posted a deeper than expected net loss of two hundred and seventy three million euros for last year which it called “the worst ever for… 25/02/2010
Carrefour facing tough timesCarrefour, the world’s second largest retailer, has said it expects a tough 2010 as it posted a plunge in profits. Operating profit was down 16 percent as… 19/02/2010
InterContinental profit slipsThe world’s biggest hotelier, InterContinental said its profit last year fell by just over a third and it warned that trading conditions would remain tough… 16/02/2010
Roche profit misses forecastsShares in Roche fell after it missed full-year profit forecasts. The Swiss drugmaker blamed disappointing sales of key cancer drugs and gave a lacklustre… 03/02/2010
Inditex confident on salesEurope’s biggest clothing retailer Inditex said it beat its net profit forecasts for the first nine months of the year helped by growth in Asia. The… 10/12/2009
Severstal’s surprise profitRussia’s largest steelmaker, Severstal, has posted an unexpected third-quarter net profit. It said the almost 45 million euro profit was due to a strong… 19/11/2009
EADS profit plungesEADS saw its core profit plunge 77 percent in the third-quarter but that was better than had been expected. Europe’s largest aerospace group was hurt by… 16/11/2009
Toyota’s profit surprisesToyota has reported an unexpected quarterly net profit of 162 million euros and slashed its forecast for annual losses by more than half. The world’s… 05/11/2009
Deutsche Telekom’s earnings upDeutsche Telekom has posted quarterly earnings before tax and interest of 5.5 billion euros – up 5.2 percent – and said it is sticking to its full-year profit… 05/11/2009
Is the US finally free of recession?American GDP rose by 3.5 percent in the third quarter of this year, ending a sorry series of four successive quarters of decline. The figures were helped… 29/10/2009
Oil giants report big profit lossesProfits were slashed at three major oil comanies as the industry raised doubts about the strength of the economic recovery. Exxon, the world’s largest oil… 29/10/2009
ArcelorMittal profits upSteel giant ArcelorMittal has reported a profit for the July to September quarter, ending a run of three consecutive quarterly losses. The company made a… 28/10/2009
Heineken raises profit forecast despite selling less beerHeineken has raised its 2009 forecast despite selling less beer in the third quarter. In the recession, drinkers are opting for cheaper alternatives… 28/10/2009
Santander’s UK profits upSpanish banking giant Santander profits at its UK banks have risen by more than third during the first nine months of the year. Santander owns the Abbey… 28/10/2009
BP reports third-quarter profits above expectationsOil giant BP has reported third-quarter profits well above expectations, sending its share price up 5%. BP’s results were boosted after it made… 27/10/2009
Honda’s profits halvedHonda’s profits between July and September more than halved after car sales continued to fall during the global economic downturn. Japan’s second-largest… 27/10/2009
Electrolux, the second biggest home appliances maker doubles profitElectrolux, the world’s second biggest home appliances maker has doubled its operating profit. Net profit for between July and September was up 93% from… 26/10/2009
HSBC and Barclays return solid profitsBritain’s top two banks have reported bumper profits but warned the recession is not over yet. HSBC – which is also Europe’s biggest bank – and Barclays each… 03/08/2009
SocGen expects small Q2 profitFrench bank Societe Generale has said it expects to post a small second-quarter net profit thanks to earnings from its corporate and investment banking… 06/07/2009
H&M’s Q2 profit beats forecastsHennes &Mauritz – the world’s third-biggest clothing retailer – beat second-quarter profit forecasts. The Swedish group’s shares rose, even though it… 25/06/2009
Nissan posts first loss in nearly a decadeNissan is the latest car maker to unveil horrible figures because of slumping sales. It lost 1.75 billion euros in the last quarter. Forecasting more… 12/05/2009
Iberia’s loss worse than expectedThe financial turmoil in the skies continues. Spain’s Iberia said it suffered a first quarter operating loss of 147 million euros. That was worse than… 12/05/2009
BASF better than expectedGreen shoots are literally flourishing in the agro-chemical business. BASF, the world’s largest chemical maker, said first quarter profits beat forecasts… 30/04/2009
BMW unsure on profitsBMW says it cannot predict what profit it might make this year. The world’s biggest premium car maker called 2009 a transition year during which industry… 18/03/2009
EADS warns on profits and ordersEADS, the parent company of Airbus, has announced better-than-expected results for last year. But there was also a warning about fewer plane orders this year… 10/03/2009
