Electrolux Q3 profit lags expectations
STOCKHOLM (Reuters) -Sweden’s Electrolux, the world’s second-biggest appliances maker, reported on Friday a smaller third-quarter adjusted operating profit than expected but said losses at its North America business narrowed. Operating profit excluding non-recurring items increased to 717 million crowns ($67.8…
France’s Danone keeps 2024 goals as Q3 sales beat forecasts
By Dominique Vidalon PARIS (Reuters) -French food group Danone beat third-quarter sales expectations on Thursday, boosted by higher sales volumes as price hikes slowed, and reflecting strong demand in North America for high-protein products, coffee creamers and waters. The world’s…
French court approves Atos rescue plan
(Reuters) – French technology group Atos has received approval from the Nanterre Commercial Court for its proposed accelerated restructuring plan, the company said on Thursday. The restructuring will be executed between November 2024 and January 2025 through several capital increases…
LSEG’s third-quarter income tops forecasts with 9.5% rise
LONDON (Reuters) -London Stock Exchange Group said on Thursday that its income rose a better-than-expected 9.5% in the third quarter versus a year earlier, helped by higher annual subscription value. LSEG’s total income, excluding recoveries, came in at 2.12 billion…
Barclays third quarter profit beats forecasts with 18% rise as investment bank delivers
By Lawrence White LONDON (Reuters) -Barclays’ third quarter profit rose 18%, it said on Thursday, as its investment bank cashed in on a jump in corporate dealmaking and trading during the period, echoing Wall Street rivals. The British lender reported…
Australia’s WiseTech CEO steps down with immediate effect
(Reuters) – Australia’s WiseTech Global said on Thursday its chief executive, Richard White, will step down with immediate effect, just two days after local media reported the settlement of a lawsuit between him and a woman reported to be his…