By Cian Muenster and Bartosz Dabrowski (Reuters) -Swiss dental implant maker Straumann on Wednesday reported first half earnings below market expectations, impacted by negative foreign exchange movements and a weaker performance in North America. The group, which specialises in tooth replacement and orthodontic solutions, reported core earnings before interest and taxes (EBIT) of 358 million …
(Reuters) -British bookmaker Evoke maintained its full-year forecasts on Wednesday after swinging to an adjusted pre-tax profit in the first half, helped by cost cuts and strength in its international business. The betting and gaming company has doubled down on expansion plans and cost controls as part of its turnaround initiatives, which helped drive momentum …
William Hill UK owner Evoke swings to half-year profit, reiterates outlook Read More »
(Reuters) -British insurer Beazley lowered its annual premium growth forecast on Wednesday, partly hurt by subdued demand in its cyber and property risk insurance business. The company expects gross insurance written premium to grow in low-to-mid single digits, compared to its previous expectation for a mid-single digit growth. (Reporting by Yamini Kalia in Bengaluru; Editing …
UK insurer Beazley lowers annual premium growth forecast Read More »
(Reuters) -German chemicals distributor Brenntag on Wednesday confirmed the annual core profit guidance it had lowered in July, reflecting growing market uncertainty exacerbated by U.S. tariffs and weak dollar. “Economic conditions for the chemical industry and our customer markets remain challenging across the globe,” CEO Christian Kohlpaintner said in a statement. “Over the past months, …
Brenntag confirms profit guidance, cut in July, as market challenges persist Read More »
(Reuters) -German optical electronic group Jenoptik on Wednesday said it expects its full-year results to come in at the lower end of its guidance ranges, citing risks from existing and potential new trade barriers. The company now expects full-year revenue to be in the lower half of the forecast range of around 5% higher or …
Jenoptik narrows full-year guidance on tariff uncertainties Read More »
(Reuters) -German tank gearbox maker Renk reported better than expected second-quarter revenue on Wednesday as European countries kept their defence investments steady. The company, which makes gearboxes for the Leopard 2 tanks sent to Ukraine, reported sales of 348 million euros ($406 million), better than the 338 million euros expected in an LSEG poll of …
(Reuters) -German hydrogen equipment supplier Thyssenkrupp Nucera on Wednesday reported an unexpected third quarter loss, as it continues to face project postponements in a weak hydrogen market. Global demand for green hydrogen is stalling and clean-tech players are concerned over what U.S. President Donald Trump’s policies will mean for the industry, fearing his tax and …
Thyssenkrupp Nucera reports unexpected quarterly loss Read More »
GDANSK (Reuters) -Poland’s biggest bank PKO BP reported a 13.2% year-on-year rise in its second-quarter profit on Wednesday, driven by a higher net interest income. The largest Polish bank by total assets posted a net profit of 2.66 billion zlotys ($730.7 million) for the quarter, beating market expectations of 2.55 billion zlotys, according to consensus …
Poland’s PKO BP posts 13% profit rise for second quarter Read More »
TOKYO (Reuters) -A look at the day ahead in European and global markets from Rocky Swift Record highs are popping up on stock markets all over the world, from Wall Street to Japan and Vietnam, and equity indexes across Asia are a sea of green. Data in the United States and other major markets are …
Morning Bid: Stock markets celebrate mild inflation data Read More »
By Curtis Williams HOUSTON (Reuters) -Venture Global has won a legal battle against Shell over its failure to deliver liquefied natural gas under long-term contracts starting in 2023, the U.S. LNG major said on Tuesday. The company’s stock price rose almost 6% in after hour trade as investors cheered the decision. Firms, including Shell, BP, Edison and …
Venture Global wins arbitration case against Shell over contracted LNG cargoes Read More »
