World news about “Profits” published by euronews.
Royal Mail profits up Britain’s Royal Mail has reported pre-tax profits up 60 percent to the equivalent of 381 million euros. Much of the increase came from a price increase for… 21/05/2013
Record Profits for Ryanair Irish low cost airline Ryanair has posted record earnings. Passenger numbers were up by three million compared to the same period last year, revenue was… 20/05/2013
Airbus profits rise, ‘confident’ on A350 European aerospace group EADS has unveiled better than expected first-quarter results, driven by higher production at its Airbus division. Revenue was up by… 14/05/2013
Sony returns to profit Japan’s leading electronics firm Sony has returned to profit for the first time in five years. Turning the 3.52 billion euro loss of 2011 into the 331 million… 09/05/2013
Profits up for Google and Microsoft Google’s core Internet advertising business saw its net revenue rise by 23 percent in the first three months of the year even as its Motorola mobile phone… 19/04/2013
Writedowns slam Tesco’s profits Tesco is pulling out of its loss-making Fresh & Easy business in the US at a cost of almost 1.2 billion euros for restructuring and other one-off… 17/04/2013
Fannie Mae profit points to US housing recoveryA huge profit posted by mortgage finance giant Fannie Mae is another sign that the US housing market is slowly recovering. Its $17.2 billion annual profit… 02/04/2013
Hermes sees demand rise Hermes has posted record profit for last year. Robust demand for the French luxury group’s super-expensive hand-crafted leather goods and printed silk… 21/03/2013
Airlines’ profit outlook raised There was better news from the airline world as the International Air Transport Association nudged up its profit forecasts for this year. That is based on… 20/03/2013
Glencore’s 2012 profit hit by lower commodities prices Glencore’s net income fell by a quarter last year due to lower prices for commodities, but it made more money from trading so did not suffer as much as some… 05/03/2013
StanChart worried about regulatory costs despite record profit Standard Chartered has posted a record profit, but complained new banking regulations and a UK tax on the sector are costing it dear – in excess of $500… 05/03/2013
RBS moves closer to re-privatisation Royal Bank of Scotland has reported stronger underlying profits. Its operating profit was the equivalent of just over four billion euros last year, the… 28/02/2013
EADS profits take off European aerospace firm EADS is predicting higher profit this year following stronger than expected earnings in 2012 along with a clampdown on costs. The… 27/02/2013
Ryanair lifts profit forecast More passengers meant higher earnings for Ryanair at the end of last year. Europe’s biggest low-cost airline has just hiked its full-year profit forecast to… 28/01/2013
Google’s results shine Google earnings from its core internet business came in much better than many analysts had predicted during the crucial fourth quarter of last year. They… 23/01/2013
Airbus wings clipped as yearly figures lag behind rivals Airbus has had its wings clipped. For the first time in a decade the French-based company has lost its crown as the world’s largest maker of passenger jets to… 17/01/2013
Carrefour on the road to recovery Carrefour, the world’s second largest supermarket chain, ended 2012 in a better state than it started the year. Sales at the French retail giant rose in… 17/01/2013
Next enjoys festive boost Retailer Next defied market gloom on Thursday in London by upgrading its full-year profit forecast. The shares of the UK’s second largest clothing chain… 03/01/2013
Rosier prospects for China Another sign of economic recovery in China to cheer the markets with the news industrial profit growth quickened to 22.5% in November, year-on-year. It adds… 27/12/2012
Airlines predict higher profits Global airlines have revised upwards their profit forecasts for this year and next. The International Air Transport Association, which represents 240… 13/12/2012
GDF Suez powers down profits As the Cac40 was reaching its year’s peak on Thursday, GDF Suez spoiled the party in Paris, when it cut its profit outlook for 2013 and 2014. That its stock… 06/12/2012
BP’s renewed confidence BP was the standout gainer on the FTSE100 on Tuesday thanks to its better-than-expected results. In the third quarter, the British oil company’s net profit… 30/10/2012
Citibank sees earnings dropNew York based global bank Citigroup has announced a 4.7 billion dollar loss in earnings after it agreed to sell off its joint brokerage business with Morgan… 15/10/2012
IATA upbeat about aviation market Despite falls in traffic and few new plane sales the IATA has raised its profits forecast for 2012 for the civil aviation industry. It also expects an… 01/10/2012
Holcim takes concrete steps Holcim has said it will cut costs and raise the prices of its cement and other building materials to meet financial targets. The company – which is the… 15/08/2012
Hotel sales help InterContinental return cash to investors InterContinental Hotels is selling some of its top properties and returning the money raised to its investors. It is equivalent of 800 million euros. It is… 07/08/2012
Profits jump forecast from Richemont Richemont’s net profit in the first half of 2012 may beat expectations. Despite the crisis, the luxury goods maker has changed its forecasts. 06/08/2012
Ryanair issues profits warning for 2013 Europe’s biggest budget airline Ryanair has posted its biggest ever annual profit at over half a billion euros, beating forecasts, but warns fuel costs and a… 21/05/2012
Battered Sony sees return to profit Sony has announced a record loss of 4.4 billion euros in the year just ended, but is predicting a return to profit in the current financial year. With cost… 10/05/2012
Repsol profit eases YPF worries There was some good news for Spanish energy group Repsol as its quarterly profit came in better than expected. That eased concerns about its ability to fund… 10/05/2012
HSBC top profit forecasts HSBC, Europe’s largest bank, enjoyed better than expected underlying first-quarter profit — the equivalent of 5.2 billion euros. It credited a rebound in… 08/05/2012
BNP nears end of asset sales BNP Paribas says it has nearly completed moves to sell off assets and cut debt to boost its capital reserves. Like the rest of the industry BNP will soon… 04/05/2012
BSkyB posts record results BSkyB, Britain’s dominant pay-TV group, has posted a record nine-month operating profit, boosted by strong growth of its broadband service. That shows… 02/05/2012
Asia and US boost LVMH sales LVMH has announced its revenue was up by 25 percent in the first three months of the year. The world’s biggest luxury goods group credits particularly… 18/04/2012
Bug batters Nokia A profit warning from Nokia caused its share price to plunge 14.5 percent on Wednesday. The Finnish mobile phone giant said it now expects to post losses… 11/04/2012
Daimler upbeat on rising sales German car maker Daimler says rising vehicle sales and revenue have it on track to meet its earnings targets for this year. At the group’s annual general… 04/04/2012
Costly fuel to hit airline profits The International Air Transport Association has cut its forecast for profits by the world’s airlines this year. Blaming a sharp rise in oil prices, … 20/03/2012
BMW good, Audi better – in profit terms BMW set new records in sales, revenues and profits last year. Net profit was just shy of five billion euros, a more than fifty percent increase… 08/03/2012
InterContinental sees plenty of room for growth InterContinental Hotels has said it is looking to emerging markets, and especially China, to drive future growth. The world largest hotelier has just… 14/02/2012
Barclays cuts bonuses but still faces protests Announcing sharply lower profits at its investment banking division, Britain’s Barclays said it was cutting the total of bonuses it is paying to its… 10/02/2012
Alcatel-Lucent makes first annual profit Telecom equipment maker Alcatel-Lucent has just posted its first annual net profit and is promising improved margins this year. However reduced spending by… 10/02/2012
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
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
Ryanair lifts profit forecastRyanair 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
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
