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...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...
...First-quarter net sales at the Netherlands-based electronics group fell to €5.3bn, down from €6.7bn in the same period a year earlier and €7.2bn in the fourth quarter but in line with its guidance....
...The billionaire family behind the discount chain Home Bargains paid themselves a £36mn dividend last year after the retailer notched up a rise in profits and sales amid the cost of living crisis....
...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....
...The company’s first-quarter net sales fell to €5.3bn, down from €6.7bn in the same period a year earlier and €7.2bn in the fourth quarter....
...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...
...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....
...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....
...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....
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...The Danish drugmaker made $33.7bn in sales in 2023 and almost $15bn in net profit, above analysts’ expectations....
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...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...
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