Market updates

Chocolate maker Barry Callebaut's half year sales volumes drop
April 05, 2023 03:09 PM AEST | By Reuters(Reuters) - Barry Callebaut, the world's biggest chocolate maker, on Wednesday reported lower half year sales volumes due to limited availability of i...

Poste Italiane sees rising profits, dividend in 2023 guidance
March 30, 2023 04:23 PM AEDT | By ReutersROME (Reuters) - Poste Italiane said on Thursday it expected its net profit to rise to 1.7 billion euros ($1.84 billion) this year, from 1.51 billion...

Zur Rose delays profitability break-even to 2024
March 23, 2023 07:26 PM AEDT | By ReutersBy Anastasiia Kozlova and Tristan Chabba (Reuters) - Swiss online drug retailer Zur Rose on Thursday said it will not reach break-even in adjusted cor...

Czech utility CEZ's 2022 profit rise indicates record dividend
March 21, 2023 06:06 PM AEDT | By ReutersPRAGUE (Reuters) - Czech utility CEZ on Tuesday posted a record 78.4 billion crown ($3.50 billion) annual adjusted net profit that beat its own foreca...

Mercuria 2022 profit more than doubles to a record high -document
March 21, 2023 06:05 PM AEDT | By ReutersBy Julia Payne LAUSANNE, Switzerland (Reuters) - Global commodities trader Mercuria made a record net profit of $2.98 billion in 2022 after Russia's i...

Italy's Webuild order book drives core profit goals
March 17, 2023 06:13 AM AEDT | By ReutersBy Federico Maccioni and Alberto Chiumento (Reuters) - Italy's largest construction company Webuild surprised markets on Thursday by indicating its co...

Cucinelli raises sales growth forecast for 2023
March 16, 2023 04:10 AM AEDT | By Reuters(Reuters) - Italian luxury group Brunello Cucinelli on Wednesday raised its sales growth guidance for 2023 to 15%, up from its previous estimate of 12...

Intesa's Russian subsidiary sees huge profit jump in 2022
March 15, 2023 11:43 PM AEDT | By ReutersMOSCOW (Reuters) - Italian bank Intesa Sanpaolo's Russian subsidiary saw profits more than six times higher in 2022 than the year before, independent...

Safilo evaluates sale of Italian Longarone plant
March 10, 2023 05:08 AM AEDT | By Reuters(Reuters) - Italian eyewear group Safilo on Thursday forecast net sales would reach 1.3 billion euros ($1.37 billion) in 2027, driven by a 4% annual g...

Prada sees solid revenue growth for 2023 after beating expectations...
March 09, 2023 11:26 PM AEDT | By ReutersMILAN (Reuters) - Italy's Prada said on Thursday it expects revenue growth to beat that of its rivals this year, after sales exceeded analyst expectat...

Fuel distributor Italgas posts 7% rise in 2022 core profit
March 09, 2023 11:19 PM AEDT | By ReutersMILAN (Reuters) - Italy's biggest gas distributor Italgas said on Thursday its adjusted core profits rose 7.3% to 1.08 billion euros ($1.14 billion) i...

AIB hikes shareholder returns, 'well on track' to hit growth targets
March 08, 2023 06:43 PM AEDT | By ReutersDUBLIN (Reuters) - AIB on Wednesday followed main rival Bank of Ireland in hiking its returns to shareholders and said a good start to 2023 with posit...

Italy's Nexi sticks to 2023 guidance after hitting 2022 targets
March 07, 2023 05:50 PM AEDT | By ReutersMILAN (Reuters) - Italian payments group Nexi on Tuesday said the volumes of transactions it handles for shopkeepers accelerated to show a 17% annual...

Dormakaba sees full-year organic growth above mid-term target of 3%...
March 07, 2023 04:52 PM AEDT | By Reuters(Reuters) - Swiss security group Dormakaba Holding AG on Tuesday said it expects continued organic growth above its mid-term target range of 3% to 5%...

Clariant sees slight sales drop in 2023
March 02, 2023 05:19 PM AEDT | By Reuters(Reuters) - Clariant forecast on Thursday annual sales to slightly decline in 2023, after reporting sales for the full year fairly in line with expect...

Danish services group ISS sees organic growth of 4-6% in 2023
February 23, 2023 05:54 PM AEDT | By ReutersCOPENHAGEN (Reuters) - Danish services group ISS on Thursday reported operating profits for the second half of 2022 slightly below expectations and pr...

Singapore's Wilmar annual profit jumps 27% on oilseeds, grains segme...
February 21, 2023 08:36 PM AEDT | By Reuters(Reuters) - Singapore-listed agribusiness Wilmar International Ltd on Tuesday reported a 27% rise in full year net profit, boosted by strong performan...

Sika reports record annual operating profit in 2022
February 17, 2023 03:17 PM AEDT | By Reuters(Reuters) - Swiss chemicals company Sika AG reported a better-than-expected operating profit for 2022 on Friday, and said it expects sales to increase...
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