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UK’s Heathrow forecasts 2025 passengers to surpass last year

(Reuters) -Britain’s Heathrow Airport reported record passengers for the third quarter of 2025 on Wednesday and said it expected full-year numbers to surpass 2024 levels, as it continues to invest in infrastructure and prepare for long-term expansion. The airport handled 23.4 million passengers in the three months to September, including more than 8 million in …

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Dulux maker AkzoNobel plans further asset sales as it trims guidance for 2025

By Dimitri Rhodes and Olivier Cherfan (Reuters) -Dulux paint maker AkzoNobel slightly lowered its 2025 outlook on Wednesday amid persistently uncertain market conditions, and said it was planning further asset disposals after completing the sale of its Indian unit. Dutch supplier of paints and coatings now sees adjusted core earnings (EBITDA) of around 1.48 billion …

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Adidas raises full-year profit outlook as it rides out Trump tariff impact

(Corrects to specify revenue lines in paragraphs 5-6) FRANKFURT (Reuters) -Germany’s Adidas on Tuesday raised its operating profit guidance for the full year, saying it successfully mitigated part of the extra costs caused by higher U.S. tariffs. The sportswear brand predicted a 2025 operating profit of about 2.0 billion euros ($2.3 billion), up from a …

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Poland’s JSW will not get energy fund contribution back, minister says

WARSAW (Reuters) -Polish state-controlled coal company JSW cannot get a refund of the 1.6 billion zlotys ($412 million) that it paid into a fund to offset higher energy prices, the country’s finance minister said on Wednesday. The company’s shares were down 4.6% at 0840 GMT. To mitigate the effects of soaring energy prices after Russia’s …

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German logistics firms face challenging 2026, says industry group

BERLIN (Reuters) -German logistics firms are under pressure heading into 2026, a year in which only slight growth of 0.5% year-on-year in real terms is expected, according to a forecast published by the industry association BVL on Wednesday A group of logistics experts presented for the first time three different scenarios instead of a single …

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L’Oreal drops 7% after ‘murky’ outlook fails to reassure investors

By Dominique Patton (Reuters) -Shares in French cosmetics giant L’Oreal plunged as much as 7% on Wednesday, after the company reported weaker-than-expected third-quarter sales and provided little reassurance that it could outperform the market in coming quarters. The company posted sales of 10.3 billion euros ($12.01 billion) for the three months from July to September, up …

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OPmobility sales hit by exchange rate, clients’ plant shutdowns

By Mathias de Rozario and Jerome Terroy (Reuters) -French car parts supplier OPmobility reported a 1% fall in third-year revenue on Wednesday, impacted by negative currency effects and temporary shutdowns of some clients’ plants in Europe.    The group’s revenue came in at 2.72 billion euros ($3.17 billion) for the third quarter of the year, down …

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SSAB beats earnings forecast, calls for end to cheap Asian steel imports

By Marta Frackowiak (Reuters) -Swedish steelmaker SSAB’s earnings grew more than expected in the third quarter, helped by a so far limited tariff impact and despite a cautious mood in the European steel market pressured by cheap imports from Asia. Operating earnings rose 50% to 1.87 billion Swedish crowns ($198.61 million) in the July-September period, …

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