Reuters UK Business

By Yamini Kalia (Reuters) -British miniature wargames maker Games Workshop on Tuesday posted a nearly 30% jump in annual pre-tax profit, thanks to robust sales of its flagship Warhammer 40,000 game. The company, known for its premium, in-house produced fantasy miniatures, has built a cult-like following for Warhammer, which has expanded into video games, books …

Games Workshop’s annual profit soars on flagship Warhammer game sales Read More »

By Paul Sandle and Leo Marchandon LONDON (Reuters) -French pay-TV company Canal+ reported a jump in free cash flow in the first half even as revenue fell by an expected 3.3%, and said it was on track to meet a full-year earnings target of about 515 million euros ($597 million). Its shares were up 2% …

Canal+ reports jump in cash flow, boosting shares Read More »

By James Davey LONDON (Reuters) -British baker and fast food chain Greggs is keeping its foot on the pedal in an expansion drive, despite a slowdown in sales growth that dragged down first-half profit by 14%, its boss said on Tuesday. Greggs, known for sausage rolls, steak bakes, vegan alternatives and sweet treats, has more …

Britain has not hit peak Greggs, CEO says Read More »

By Mathieu Rosemain and Bertrand De Meyer PARIS (Reuters) -Asset manager Amundi reported weaker-than-expected quarterly profit on Tuesday as margins came under pressure from lower net management fees partly due to a depreciation in the U.S. dollar, sending its shares down nearly 6% in early trading. Adjusted net income over the April-to-June period fell 4.5% …

Amundi second-quarter profit misses expectations, shares fall Read More »

By Leo Marchandon and Noemie Naudin (Reuters) -Orange is open to consolidation talks with French rival SFR, pending the completion of its debt restructuring, the chief executive of France’s biggest telecom provider said on Tuesday. “I can confirm that, France being our first market, we are ready to engage and indeed, there are preliminary discussions …

Orange is open to M&A talks with rival SFR, CEO says after in-line results Read More »

MOSCOW (Reuters) -Russia’s dominant lender Sberbank on Tuesday reported a slight increase in second-quarter net profit to 422.9 billion roubles ($5.19 billion), from 418.7 billion roubles a year earlier. Sberbank has coped relatively well with high interest rates squeezing lending portfolio growth. Banks are set to benefit with interest rates now coming down, allaying concerns …

Russia’s Sberbank reports small profit rise, says high rates still constrain lending growth Read More »