Tag: profits
Wizz Air profits sharply down (debuting in Salerno at the end of October)
(Telestock) – Wizz Air to debut at Salerno Costa d’Amalfi Airport starting from the end of October, promoting the routes to Budapest, Tirana and Bucharest. Flights to Budapest will start…
LVMH sees its profits fall in the first half
The world’s number one luxury goods company, LVMH, has seen its net profit plunge by 14% in the first half of the year. The French group, which notably owns the…
Nokia sales and profits fall in second quarter
(Telestock) – Nokiaa Finnish multinational telecommunications company, has announced that the net sales of the second trimester decreased by 18% year-on-year at constant currency (-18% reported) mainly due to the…
Samsung Reports Record Profits Thanks to AI
After a complicated 2023, Samsung seems to be getting back on track with the first half of 2024. Its results are clearly up, particularly thanks to artificial intelligence. Has Samsung…
Adobe shines on Wall Street on profits and increased guidance
(Finance) – Definitely positive session for Adobe Systemswhich is trading up by 14.58%, after higher-than-expected quarterly revenues and profits and the increase in 2024 guidance. “Adobe achieved record revenue of…
The municipalities extract billions in profits from the public good
Sweden’s municipalities have extracted over SEK 12 billion in profit from their public housing companies, reports Siren news agency. At the same time, many households struggle with increased rents. –…
Intesa Sanpaolo, Messina: “Those who invest know that we are a solid bank that generates profits”
(Finance) – “We guarantee 70% payout ratio generating profits over 8 billion eurostherefore our shareholders can certainly count on a dividend of 5-6 billion euros”. These are already certain dividends…
The director of Doctor Strange really wanted Benedict Cumberbatch and even gave up profits for it
Doctor Strange director Scott Derrickson really wanted Sherlock star Benedict Cumberbatch in the lead role. But it wasn’t an easy task. Doctor Strange is an important film for the Marvel…
Tesco, revenues and profits to increase in financial year 2023/24
(Finance) – TescoBritain’s largest grocery chain, has closedfinancial year 2023/24 with “excellent sales performance across the group”, with the Retail sales LFL up by 6.8%; inflation eased over the year,…
Kenya Airways returns to operating profits
The post-Covid improvement is materializing for Kenya Airways. The Kenyan airline, one of the five largest on the continent, returns to operating profits for the first time in seven years,…