WPP Sees Profit Drop
WPP, a London-based advertising group, recently reported a decline in pretax profit for 2023 due to a large impairment. However, the company highlighted the rapid growth of its AI-powered platform,…
Hydro One Reports Slight Increase in Profit for Q4
Hydro One, the largest electricity transmission and distribution provider in the province of Ontario, has reported a slightly higher profit for the fourth quarter. The increase in revenue helped offset…
Spectrum Brands Holdings Reports Profit in Q1 Despite Lower Sales
Spectrum Brands Holdings, the manufacturer of hairbrushes and toaster ovens, has announced a profit of $29.1 million, or 85 cents a share, for the first quarter of its fiscal year.…
Wizz Air Holdings Reports Profit for First Half of Fiscal 2024
Wizz Air Holdings announced that it has achieved a pretax profit for the first half of fiscal 2024. However, the airline expects to ground 45 aircraft by the end of…
Vertu Motors Expects Strong Full-Year Profits
Vertu Motors, the UK car retailer, has announced that it expects its full-year profits to be in line with market expectations following a rise in pretax profit for the first…
Finsbury Food Group Reports Rise in Pretax Profit
Finsbury Food Group, a leading U.K. bakery group, has announced an increase in pretax profit for fiscal 2023. This growth can be attributed to effective price management and the successful…
National Bank of Canada Reports Rise in Profit, But Misses Expectations
National Bank of Canada has announced a rise in profit for the third quarter, although revenue and adjusted earnings fell short of expectations due to increasing provisions for credit losses.…
Carvana Reports Record Profit and Announces Debt Restructuring
Carvana stock bounced back in premarket trading on Wednesday following its announcement of the best-ever quarter for profit and a debt restructuring deal. The company also revealed plans to raise…
Coca-Cola HBC Exceeds Market Expectations with Higher Profit
Coca-Cola HBC, the London and Athens-listed bottler for Coca-Cola, has reported a higher pretax profit for the first half of 2023. The company's strong performance was driven by improvements in…
Allianz Reports Strong Q2 Earnings
Allianz, Europe's largest insurer, announced its earnings results for the second quarter on Thursday, showcasing impressive growth in profits. Here are the key highlights from the report. Net Profit Surges…
Profit and Revenue Surge for Metro in Q3
By Adriano Marchese Metro reported a substantial increase in profit and revenue during its third fiscal quarter, surpassing analyst expectations. However, the company is currently facing a strike by its…
Ecolab Reports Strong Q2 Results
Ecolab, the water, hygiene, and infection-prevention services company, announced impressive financial results for the second quarter. Despite a slight slowdown in the rate of price hikes, the company's profit reached…