Reuters UK Business

By Gianluca Lo Nostro (Reuters) -Atos unveiled a four-year plan focused on cost cutting and a simpler structure and issued an annual revenue guidance on Wednesday, after the French IT company suspended financial forecasts last year due to its restructuring. Once seen as a European tech champion with a market value of more than 10 …

France’s Atos restores annual guidance after restructuring, sets 2028 targets Read More »

By Mateusz Rabiega and Jakob Van Calster (Reuters) – Dutch bank ABN Amro posted a smaller drop in its quarterly net profit than analysts had expected on Wednesday, sending its shares to a six-year high in early trading. Net profit was 619 million euros ($692.7 million) in the first quarter, helped by strong income from …

ABN Amro tops profit estimates in first quarter, boosting shares Read More »

By Yadarisa Shabong (Reuters) -British catering firm Compass Group maintained its annual profit and revenue forecasts on Wednesday after reporting a jump in first-half operating profit, disappointing investors and sending its shares lower. The world’s largest catering group reported underlying operating profit for the six months to March 31 rose 11.6% to $1.63 billion, just …

Caterer Compass keeps forecasts unchanged, sending shares lower Read More »

By Anna Peverieri (Reuters) -French train maker Alstom reported an annual free cash flow well above market expectations on Wednesday, in a sign its cash issues were now solved, but its shares slumped after its forecast for the current year disappointed investors. Alstom, which had taken long to recover from its costly 2021 acquisition of …

Alstom forecasts softer cash flow after strong annual beat, shares fall Read More »

LONDON (Reuters) -British grocery chain Co-Op said its systems were now running normally and there would be improved stock availability in stores and online from this weekend, with all forms of payments working, in an update on a recently-disclosed cyber incident. The company, which is among a list of British retailers in recent weeks to …

UK retailer Co-Op says systems now running normally after cyber incident Read More »