Lufthansa says it expects profits to fall only slightly in 2017 despite lower fares and a rising fuel bill. Analysts were predicting a sharp decline.
Ryanair had to cut its fares more than expected during the last three months of 2016 because of over-capacity, which pulled down profits.
British low-cost airline easyJet warns the weaker pound and pricier fuel will reduce its profits more than expected this year.
Samsung says its fourth-quarter profit likely leapt 50 percent from a year earlier to its highest level in more than three years.
Apple's annual earnings have dropped for the first time in 15 years as it posted a third successive quarter of declining iPhone sales.
British airline easyJet's shares slumped over five percent on Thursday after it warned of a more than 25 percent fall in profit this year.
HSBC.,Europe's biggest bank, just reported a 29 percent drop in pretax profits for the first half of 2016 and will buy back $2.5 billion worth of shares.
Samsung has reported better than expected quarterly profit but warned earnings from phones will weaken in the rest of the year.
Volkswagen has suffered a 12 percent drop in quarterly profit at its main passenger car division as it tries to overcome the toxic emissions rigging scandal.
Air France-KLM is downbeat about profits this year amid terrorist attacks in Europe and Brexit uncertainty.
Rosneft's quarterly net profit fell by 75 percent as crude oil prices declined, but Russia's top oil producer also blamed heavy investment in the period.
French carmaker, Peugeot Citroen, has unveiled its plans to return to consistent sales growth. In what chief executive Carlos Tavares described as a
Eurostar's profits dropped last year. It has blamed the Paris terrorist attacks, disruptions from migrants getting on to French train tracks and the stronger value of the pound.
Air France-KLM's shares took off on Thursday after the Franco-Dutch airline said it had returned to profit last year helped by lower fuel bills and increased numbers of passengers.
Strong sales of new models pushed French carmaker Renault's profit up by nearly 50 percent in 2015, but it slashed the value of its stake in Russia's AvtoVAZ as sales there slumped.
Toyota has raised its net profit forecast for the current business year thanks to increased production efficiencies in its Chinese operations and improved sales in North America.
Social media giant Facebook has bucked the trend of underwhelming tech results of Apple and eBay and more than doubled its profits in Q4.
Indications the tech industry could be in for a tough year. That’s one interpretation behind Samsung’s fourth quarter profits forecast. The company
The owner of the Zara chain and the world’s biggest fashion retailer, Inditex, has posted a 20 percent rise in profits. The Spanish group says in the
The American gunmaker Smith & Wesson has reported in its latest quarterly statement that profits in the three months to October almost tripled
Thomas Cook has reported its first return to profit in five years, saying it’s positive about the outlook for next year, despite security fears. The
The aerospace group Rolls-Royce has issued its fourth profit warning in just over a year, saying it may cut its dividend due to weaker demand for
Things are looking up at Ryanair. The low-cost airline has revised its forecasts after posting a rise in six-monthly profits – up by 37 percent to a
Europe’s biggest bank HSBC has seen profits jump by a third in the third quarter, to $6.1 billion (5.5 billion euros). The results, which exceeded
Air France-KLM has announced a larger-than-expected rise in third-quarter profits – while insisting that there’s still an “overwhelming need” to cut
The Danish shipping giant Maersk has downgraded its profit outlook for the year by $600 million (540 million euros) to $3.4 billion (3.0 billion
Burberry’s shares plunged to a three-year low after the British luxury group warned that it had missed sales growth forecasts because of the slowdown