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...Last year, Ferrari reported €1.26bn of net profits on car sales of just 13,663....
...Staff in EY’s UK deals business have hit out at the company’s management for the way recent job cuts were handled, saying “trust is broken” and that employees feel “deflated” as sales in the department slump...
...The Shenzhen-based company, which surpassed Tesla as the world’s largest pure EV maker by sales in the fourth quarter of last year, recorded Rmb30bn ($4bn) in net profit in 2023, missing analysts’ estimates...
...Nike said sales in most regions increased in its most recent quarter, offsetting declines in Europe and the Middle East, helping the world’s largest sportswear company report better than expected results...
...retailer said sales grew 8.6 per cent from a year ago to €10.4bn in the three months to the end of January, up from 6.6 per cent growth in the previous quarter.Net earnings climbed 23.5 per cent to €1.3bn...
...However, Walmart projected 3 to 4 per cent consolidated net sales growth over the next 12 months, below the 4.5 per cent pencilled in by Wall Street....
...Global drinks giant Diageo reported a drop in spirits sales on the back of a slump in Latin America that led it to issue a shock profit warning late last year.Net sales fell 1.4 per cent in the six months...
...Net sales in the period were down 2 per cent to SKr5.4bn (€4.7bn) while revenue from March 1 to 25 was up 2 per cent in local currencies....
...The maker of Heinz Ketchup said organic net sales fell 0.7 per cent in the last three months of 2023....
...Net income for the December quarter was ¥29.1bn ($194.8mn), well below consensus analyst estimates from Bloomberg of ¥77.7bn. Vehicle sales in China declined 35.5 per cent from the previous year....
...The Chinese tech group on Wednesday announced that sales for the three month period rose five per cent on year to Rmb260bn ($36bn), just short of the expected Rmb262bn....
...Annual sales reached €13.43bn in 2023, up 16 per cent at current exchange rates compared to 2022, while net profit hit €4.31bn, up 28 per cent....
...The share prices of groups such as London-listed Greencoat UK Wind and Octopus Renewables Infrastructure Trust trade at sizeable discounts to their net asset values....
...Douglas needs to raise €1.1bn to reduce net debt from the current 4 times ebitda to a more reasonable 2.7 times. The sooner the better, too....
...BYD’s annual results, published after markets closed in China on Tuesday, follow a more than 400 per cent jump in annual net profit in 2022....
...Adjusted net income per diluted share is forecast between 82 cents and 92 cents, compared with previous guidance of 60 cents to C$1.40....
...In its first set of quarterly results since Daniel Ervér took over as chief executive last month, the Swedish company reported net sales in the three months to the end of February of SKr5.4bn ($509mn), with...
...The maker of Bounty towels on Tuesday narrowed its full-year forecast for net earnings per share growth to 8-9 per cent, from the previous estimate of 6-9 per cent....
...Its $1.02bn in net income was below forecasts for $1.1bn....
...The Danish drugmaker made $33.7bn in sales in 2023 and almost $15bn in net profit, above analysts’ expectations....
...Net income for the full year rose 12 per cent to $10.7bn, or $2.48 a share....
...US aerospace and defence group Lockheed Martin has forecast a larger than expected increase in annual sales in 2024 thanks to strong global demand for weapons.The company said it expected net sales of between...
...Royal London Asset management, which has in recent years benefited from strong sales of sustainable funds, ranked in 2023 as the leading active fund manager for both gross and net sales thanks to the popularity...
...Net losses shrunk from $159mn to $91mn in 2023, but it has never reported a profit....
...The company’s annual forecast had sales rising as much as 11 per cent, Amex said on Friday....
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