Reuters UK Business

By Marleen Kaesebier and Alexander Hübner (Reuters) -Siemens Healthineers on Wednesday reported fourth-quarter sales that were below analysts’ consensus, hit by higher U.S. import tariffs, and issued an earnings outlook that disappointed investors. The company’s shares fell 12% in opening trade before paring some losses. They were down 9% at 0809 GMT, set for their …

Siemens Healthineers Q4 sales miss, earnings outlook disappoints Read More »

By Gianluca Lo Nostro (Reuters) -French conglomerate Bouygues reported a stronger than expected operating profit for the first nine months of the year on Wednesday, helped by resilient construction activities even as political turmoil in France weighed on its media arm. Current operating profit from activities was 1.81 billion euros ($2.11 billion) between January and …

Bouygues tops profit estimates as construction strength offsets media drag Read More »

MILAN (Reuters) -Italian online bank and brokerage Fineco reported a higher-than-forecast third quarter profit on Wednesday, with its revenue bucking expectations for a drop from a year earlier. Fineco, which offers online banking and brokerage service and low-cost savings products, said net income for July-September totalled 163 million euros ($190 million), above a Visible Alpha …

Italy’s Fineco exceeds quarterly profit, revenue forecasts Read More »

PARIS (Reuters) -France’s dominant services sector contracted in October at its fastest pace since April, albeit less rapidly than first estimated, as political uncertainty weighed on demand in the euro zone’s second-biggest economy, a survey showed on Wednesday. The HCOB France final purchasing managers index (PMI) for the services sector, compiled by S&P Global, stood …

France’s services sector shrinks for 14th month in a row in October, PMI shows Read More »

By Javi West Larrañaga (Reuters) -The outlook for European corporate health has substantially improved, the latest earnings forecasts showed on Tuesday, as investors’ worst fears for quarterly earnings failed to materialise. European firms are expected to report growth of 4.3% in third-quarter earnings, on average, according to LSEG I/B/E/S data, above the 0.4% increase analysts …

European corporates defy fears of earnings gloom as outlook improves Read More »

(Reuters) -British asset manager M&G reported strong net inflows for the third quarter on robust client demand in European public equities, and said it expects to grow in the coming months as it begins its partnership with Japan’s Dai-ichi Life. M&G on Wednesday reported a quarter-on-quarter increase in assets under management to 365 billion pounds …

M&G sees asset boost with Dai-ichi Life partnership Read More »

By Mateusz Rabiega (Reuters) -Dutch supermarket group Ahold Delhaize on Wednesday confirmed its guidance for 2025 and said it had not seen a material impact from the lapse in U.S. food aid for low-income shoppers in its biggest region by sales. The delay in the Supplemental Nutrition Assistance Program (SNAP), also known as food stamps, threatens 42 …

Ahold Delhaize sticks with 2025 outlook despite US food aid lapse Read More »