Tag: profits
For the telephone operator MTN, good results from mobile money but profits in free fall
The telephone operator MTN, one of the largest operators on the African continent, presented its 2023 annual results on Monday March 25. Positive results with more and more mobile money…
Ferretti, double-digit growth in profits and revenues in 2023
(Finance) – The Board of Directors of Ferretti approved the consolidated financial statements and the draft financial statements as at 31 December 2023, which closes with net revenues at 1,110.9…
profits of CAC 40 companies close to historic record – L’Express
Against all odds, large French companies recorded an increase in their profits and even came close to their historic record. While the global economy is undermined by geopolitical rivalries (Ukraine,…
This is how big hidden profits your Ica store makes: “Totally legal, but”
It is profitable to run a grocery store. But you can’t believe that if you look at the dividend statistics from Ica. The grocery store Ica Axelsberg has a turnover…
Akelius takes over Academedia – wants to scrap profits and dividends
Roger Akelius’s first statements after the purchase that profit hunting and dividends are not important, came as a shock to the shareholders and the stock price plummeted on Wednesday by…
Unemployment is rising – but Systembolaget is making mega profits
Unemployment will rise in 2024. Households lose thousands of Swedish kroner in purchasing power every month due to the price increases, bankruptcies are hitting records and more and more people…
UPS, revenues and profits down in 2023. Weak guidance for 2024
(Finance) – UPSan American international parcel and shipping company, has registered sales of the fourth quarter 2023 of $24.9 billion, down 7.8% from the fourth quarter of 2022. Theoperating profit…
Volvo, profits rise in the fourth quarter
(Finance) – Profits rising sharply for Volvo. The automaker closed the fourth quarter with a Net income up 82% to SEK 12.05 billion, compared to SEK 6.62 billion a year…
American banks, impaired loans and costs: 13% drop in profits expected
(Finance) – It is balance sheet time for American banks. The increase in rates by the Fed was then reflected on the balance sheets of the major overseas banks in…
ABN AMRO, profits slightly up in the third quarter
(Finance) – The Dutch bank ABN AMRO closed the third quarter of 2023 with a net interest margin (NII) equal to 1,533 million euros (third quarter 2022: 1,276 million euros);…