By Paolo Laudani (Reuters) -HelloFresh reported first-quarter revenue in line with expectations and confirmed its full-year outlook on Tuesday as the German meal-kit maker aims to reduce costs. Shares rose 7% to the top of the German midcap index by 0723 GMT. Its revenue measured in constant currency terms fell by 8.3% to 1.9 billion …
HelloFresh Q1 revenue falls in line with expectations Read More »
By Leo Marchandon (Reuters) -French IT consulting firm Capgemini reported first-quarter revenue of 5.55 billion euros ($6.32 billion) on Tuesday, up 0.5% from last year at current exchange rates, on firm demand for its services focussed on cost-optimization. Capgemini shares jumped as much as 10%, as of 0704 GMT. Analysts at J.P.Morgan had expected revenue …
Capgemini shares surge on higher-than-expected quarterly revenue Read More »
LONDON (Reuters) -Upcoming changes in the way Britain calculates the country’s inflation rate would have produced slightly lower headline figures for the year to June 2024, figures from the Office for National Statistics showed on Tuesday. Annual consumer price inflation would have averaged 0.28 percentage points less per month versus the reported data in the …
New methodology would have lowered UK inflation rate in year to June 2024, ONS says Read More »
By Tom Sims and Matthias Inverardi FRANKFURT (Reuters) -Deutsche Bank on Tuesday posted a 39% rise in first-quarter profit after its global investment banking division generated a big increase in revenue in bond and currency trading during volatile markets. The profit increase comes despite a writedown for a leveraged-finance deal and the bank’s additional provisions …
Deutsche Bank posts 39% rise in first-quarter profit, but tariffs weigh Read More »
By Ludwig Burger FRANKFURT (Reuters) -Novartis released a more optimistic full-year earnings forecast on Tuesday, citing the strong growth of drugs such as Leqvio, Kisqali and Kesimpta during the first quarter. The Swiss drugmaker said in a statement that it expects 2025 operating income, adjusted for special items, to grow by a “low double-digit” percentage. …
Swiss drugmaker Novartis raises 2025 forecast after strong Q1 momentum Read More »
STOCKHOLM (Reuters) -Sweden’s gross domestic product was unchanged in the first quarter of the year compared with the previous three-month period, preliminary figures from the Statistics Office showed on Tuesday. Against the same quarter a year earlier, GDP expanded 1.1%. Analysts had forecast growth of 0.2% compared to the final three months of 2024 and …
HELSINKI (Reuters) -Airline Finnair on Tuesday reported a significant decline in first-quarter earnings due to a labour dispute with its pilots and warned that global trade tensions could dampen travel demand. Finnair, majority owned by Finland’s government, seeks to rebound from the twin blows dealt by the COVID-19 pandemic and Russia’s airspace closure that hit …
Finnair Q1 operating loss deepens amid labour dispute and trade tensions Read More »
(Reuters) – British insurer Beazley on Tuesday reported a marginal increase in first-quarter insurance written premiums, driven by growth in its property risks division. The specialist insurance business reported gross written premiums of $1.51 billion for the three month period ended March 31, up from $1.48 billion last year. (This story has been corrected to …
UK insurer Beazley posts slight increase in first-quarter premiums written Read More »
LONDON (Reuters) -Canal+, the French pay-TV broadcaster spun out of Vivendi in December, reported a 1.5% rise in organic group revenue in its first quarter on Tuesday, helped by a positive contribution from direct-to-consumer subscribers in Europe. Organic revenue in Africa and Europe fell 2.3%, which it attributed to the exceptional popularity of the biennial …
French TV group Canal+ reports 1.5% rise in Q1 organic revenue Read More »
By Jesus Calero (Reuters) -Norwegian aluminium producer Norsk Hydro reported a 76% jump in first-quarter core profit on Tuesday on higher metal prices and currency gains, slightly missing estimates, while it cut its extrusion segment’s outlook on weaker downstream demand. The company revised its ‘Extrusions’ segment’s 2025 annual adjusted earnings before interest, taxes, depreciation and …
Aluminium producer Norsk Hydro core profit misses forecast, cuts extrusions outlook Read More »
