Reuters UK Business

MILAN (Reuters) -Italy’s power network operator Terna stuck to its guidance for this year after reporting a 4% rise in its first-quarter core profit. Earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at 652 million euros ($730.70 million), in line with an average estimate by LSEG. The state-controlled group said it increased investments …

Terna posts rise in first-quarter profit, steps up investment in power grid Read More »

By John Revill ZURICH (Reuters) – Siemens expects only a small impact on profit this year from the ramp up in global tariffs, the German engineering group said on Thursday, after it reported better than expected second quarter results. The technology company, whose products include factory automation software, controllers and trains, has a global production …

Siemens sees limited tariff impact as profit top forecast Read More »

By Klaus Lauer, Riham Alkousaa and Bernadette Hogg (Reuters) -ProSiebenSat.1 said on Thursday it was in constructive talks with top shareholders and rival suitors MFE-MediaForEurope and PPF, as the German broadcaster posted lower quarterly earnings in a tough advertising market. Czech investment group PPF on Monday launched a bid to lift its stake in ProSiebenSat.1 …

ProSiebenSat.1 in ‘constructive’ talks with suitors as profit falls Read More »

By Ludwig Burger FRANKFURT (Reuters) -German pharmaceutical and specialty materials group Merck KGaA on Thursday guided more cautiously for 2025 earnings, citing foreign-exchange effects and uncertainty over tariffs. Earnings before interest, tax, depreciation and amortisation (EBITDA), adjusted for one-off items, would likely reach between 5.8 billion euros ($6.5 billion) and 6.4 billion this year, compared …

Merck KGaA cautious on 2025 profit on currency effects, tariff uncertainty Read More »

(Corrects to say “input” costs in paragraph 4, not “import”) By Yamini Kalia (Reuters) -Britain’s Premier Foods beat annual profit expectations on Thursday, helped by year-round growth in sales of its Mr Kipling and Nissin brands, and laid down plans for potential price hikes. The strong sales growth seen by food producers is threatened by …

Mr Kipling sales help lift Premier Foods annual profit Read More »

By Jakob Van Calster and Mateusz Rabiega (Reuters) -KBC Group reported an estimate-beating first-quarter net profit on Thursday, driven by strong revenue from net interest and fees, and growth of its insurance business. Belgian’s largest lender, which manages over 380 billion euros ($425.87 billion) in assets, posted a net profit of 546 million euros, above …

Belgian bank KBC reports 8% rise in quarterly profit, beating estimates Read More »