Wizz Air profit slumps on grounded planes, shares tumble Budget carrier Wizz Air's grounded planes that are awaiting engine repairs took their toll on annual profits today, sending the shares down 23% Business • 05 Jun
Wizz Air profit slumps on grounded planes, shares tumble Budget carrier Wizz Air's grounded planes that are awaiting engine repairs took their toll on annual profits today, sending the shares down 23% Business • 05 Jun
ESB profits down 19% due to lower wholesale energy prices The reduction of wholesale energy market prices led to a 19% drop in profits for the ESB last year. Business • 20 Mar
ESB profits down 19% due to lower wholesale energy prices The reduction of wholesale energy market prices led to a 19% drop in profits for the ESB last year. Business • 20 Mar
European banks may find it tough to repeat strong results European banks are expected to report a sharp rise in profits for the final three months of last year, helped by still-robust margins from lending and bumper investment banking revenues. Business • 28 Jan
European banks may find it tough to repeat strong results European banks are expected to report a sharp rise in profits for the final three months of last year, helped by still-robust margins from lending and bumper investment banking revenues. Business • 28 Jan
Halfords shares soar on higher annual profit forecasts Shares of Halfords jumped 20% today after the bicycle and car products retailer reported robust Christmas sales and forecast fiscal 2025 profit above analysts' expectations. Business • 28 Jan
Halfords shares soar on higher annual profit forecasts Shares of Halfords jumped 20% today after the bicycle and car products retailer reported robust Christmas sales and forecast fiscal 2025 profit above analysts' expectations. Business • 28 Jan
Next expects to join £1 billion profit club Next said today it expected to report annual profit in excess of £1 billion for the first time in its history in its current financial year, underscoring the success of the British clothing retailer. Business • 30 Oct 24
Next expects to join £1 billion profit club Next said today it expected to report annual profit in excess of £1 billion for the first time in its history in its current financial year, underscoring the success of the British clothing retailer. Business • 30 Oct 24
Halfords narrows annual profit forecast range Bicycles-to-car parts retailer Halfords Group has today narrowed its annual profit forecast range, lowering the upper end of its expectations by £5m as people cut down on discretionary spending. Business • 29 Nov 23
Halfords narrows annual profit forecast range Bicycles-to-car parts retailer Halfords Group has today narrowed its annual profit forecast range, lowering the upper end of its expectations by £5m as people cut down on discretionary spending. Business • 29 Nov 23
Bottler Coca-Cola lifts full-year profit forecasts Bottler Coca-Cola has today raised its 2023 profit expectation, aided by robust sales and price increases in the first half of the year. Business • 07 Jul 23
Bottler Coca-Cola lifts full-year profit forecasts Bottler Coca-Cola has today raised its 2023 profit expectation, aided by robust sales and price increases in the first half of the year. Business • 07 Jul 23
JD Sports' profit to top £1 billion this year JD Sports Fashion said today it expected profit to exceed £1 billion for the first time this year as its offer of trainers, joggers and hoodies continues to chime with young shoppers. Business • 17 May 23
JD Sports' profit to top £1 billion this year JD Sports Fashion said today it expected profit to exceed £1 billion for the first time this year as its offer of trainers, joggers and hoodies continues to chime with young shoppers. Business • 17 May 23
Nissan reports first full year net profit in 3 years Nissan reported a positive full-year net profit for the first time in three years today, citing cost-saving efforts and a stronger US market, but issued cautious forecasts. Business • 12 May 22
Nissan reports first full year net profit in 3 years Nissan reported a positive full-year net profit for the first time in three years today, citing cost-saving efforts and a stronger US market, but issued cautious forecasts. Business • 12 May 22
Deutsche Bank makes biggest annual profit in a decade Deutsche Bank capped its most profitable year in a decade on the back of a dealmaking boom, strengthening chief executive Christian Sewing's hand as he prepares to lay out a new strategy and targets for the years ahead in March. Business • 27 Jan 22
Deutsche Bank makes biggest annual profit in a decade Deutsche Bank capped its most profitable year in a decade on the back of a dealmaking boom, strengthening chief executive Christian Sewing's hand as he prepares to lay out a new strategy and targets for the years ahead in March. Business • 27 Jan 22
Uber forecasts first-ever adjusted profit Uber Technologies could post its first profit on an adjusted basis in the current quarter, its chief financial officer said today, sending the lift hailing company's shares up nearly 7% in premarket trading. Business • 21 Sep 21
Uber forecasts first-ever adjusted profit Uber Technologies could post its first profit on an adjusted basis in the current quarter, its chief financial officer said today, sending the lift hailing company's shares up nearly 7% in premarket trading. Business • 21 Sep 21
H&M's full-year profits plummet 88% on Covid hit H&M has reported an 88% fall in profit for the year to November today and warned the pandemic was still hitting sales at the world's second-biggest fashion group. Business • 29 Jan 21
H&M's full-year profits plummet 88% on Covid hit H&M has reported an 88% fall in profit for the year to November today and warned the pandemic was still hitting sales at the world's second-biggest fashion group. Business • 29 Jan 21
Samsung Electronics forecasts 25.7% jump in Q4 profits South Korean tech giant Samsung Electronics has today flagged a jump of more than 25% in fourth quarter operating profit. Business • 08 Jan 21
Samsung Electronics forecasts 25.7% jump in Q4 profits South Korean tech giant Samsung Electronics has today flagged a jump of more than 25% in fourth quarter operating profit. Business • 08 Jan 21
Facebook Ireland records revenues of €94m a day in 2019 Revenues at the main Irish based unit of social media giant Facebook last year surged by 34.5% to a record €34.32 billion - or an average of €94m a day. Business • 08 Dec 20
Facebook Ireland records revenues of €94m a day in 2019 Revenues at the main Irish based unit of social media giant Facebook last year surged by 34.5% to a record €34.32 billion - or an average of €94m a day. Business • 08 Dec 20
Go-Ahead posts profit slightly ahead of guidance UK transport operator Go-Ahead said that it was now running more than 90% of its bus and rail services across the country but the pandemic was causing uncertainty over its outlook. Business • 24 Sep 20
Go-Ahead posts profit slightly ahead of guidance UK transport operator Go-Ahead said that it was now running more than 90% of its bus and rail services across the country but the pandemic was causing uncertainty over its outlook. Business • 24 Sep 20
M&S to accelerate change as profit falls 21% UK retailer Marks & Spencer said it would accelerate its latest turnaround programme as it dealt with the fallout from the coronavirus crisis and a 21% fall in annual profit. Business • 20 May 20
M&S to accelerate change as profit falls 21% UK retailer Marks & Spencer said it would accelerate its latest turnaround programme as it dealt with the fallout from the coronavirus crisis and a 21% fall in annual profit. Business • 20 May 20
VW ditches outlook after Covid-19 hammers Q1 profit Germany's Volkswagen Group has withdrawn its outlook for 2020 due to uncertainty related to the new coronavirus outbreak which caused operating profit to drop 81% in the first quarter. Business • 17 Apr 20
VW ditches outlook after Covid-19 hammers Q1 profit Germany's Volkswagen Group has withdrawn its outlook for 2020 due to uncertainty related to the new coronavirus outbreak which caused operating profit to drop 81% in the first quarter. Business • 17 Apr 20
Citigroup Q1 profit nearly halves as loan defaults loom Citigroup has reported a 46% plunge in quarterly profit as the bank set aside nearly $5 billion to prepare for an expected flood of defaults on loans due to a virtual halt in economic activity caused by the coronavirus pandemic. Business • 15 Apr 20
Citigroup Q1 profit nearly halves as loan defaults loom Citigroup has reported a 46% plunge in quarterly profit as the bank set aside nearly $5 billion to prepare for an expected flood of defaults on loans due to a virtual halt in economic activity caused by the coronavirus pandemic. Business • 15 Apr 20
Europe Inc profit expectations plunge, Q2 seen down 30% Profit expectations for European companies in the second and third quarters continue to deteriorate sharply, Refinitiv data showed today. Business • 08 Apr 20
Europe Inc profit expectations plunge, Q2 seen down 30% Profit expectations for European companies in the second and third quarters continue to deteriorate sharply, Refinitiv data showed today. Business • 08 Apr 20
Profits at European firms set to deteriorate sharply Europe Inc's profit expectations for the second and third quarters continued to deteriorate sharply, Refinitiv data shows, as businesses are sharply hit by lockdowns of major cities. Business • 01 Apr 20
Profits at European firms set to deteriorate sharply Europe Inc's profit expectations for the second and third quarters continued to deteriorate sharply, Refinitiv data shows, as businesses are sharply hit by lockdowns of major cities. Business • 01 Apr 20
AIB to cut 1,500 jobs by 2022 as profits drop AIB has said it plans to cut its workforce to below 8,000 by 2022, a sharper reduction than it had previously flagged, as part of a new strategy announced by the bank today. Business • 06 Mar 20
AIB to cut 1,500 jobs by 2022 as profits drop AIB has said it plans to cut its workforce to below 8,000 by 2022, a sharper reduction than it had previously flagged, as part of a new strategy announced by the bank today. Business • 06 Mar 20
FBD predicts higher than expected profits of €100m Shares in FBD Holdings surged 9% in Dublin trade today after it said that its profits for 2019 are expected to be significantly ahead of market expectations. Business • 06 Feb 20
FBD predicts higher than expected profits of €100m Shares in FBD Holdings surged 9% in Dublin trade today after it said that its profits for 2019 are expected to be significantly ahead of market expectations. Business • 06 Feb 20
Revenues at Rory McIlroy Management Services soar Revenues at golfer Rory McIlroy's management and image rights firm last year soared almost three fold to $17.64m (€16m). Business • 27 Nov 19
Revenues at Rory McIlroy Management Services soar Revenues at golfer Rory McIlroy's management and image rights firm last year soared almost three fold to $17.64m (€16m). Business • 27 Nov 19
Lloyds profits miss expectations on PPI provisions The UK's biggest mortgage lender Lloyds Banking Group has posted weaker-than-expected third quarter pre-tax profits, after making a further £1.8 billion provision for mis-sold loan insurance payouts. Business • 31 Oct 19
Lloyds profits miss expectations on PPI provisions The UK's biggest mortgage lender Lloyds Banking Group has posted weaker-than-expected third quarter pre-tax profits, after making a further £1.8 billion provision for mis-sold loan insurance payouts. Business • 31 Oct 19
GM earnings beat expectations but strike hits outlook General Motors has today cuts its earnings forecast for 2019, saying that a 40-day US strike by the United Auto Workers union that brought virtually all of its North American operations to a standstill would cost it around $3 billion in profits this year. Business • 29 Oct 19
GM earnings beat expectations but strike hits outlook General Motors has today cuts its earnings forecast for 2019, saying that a 40-day US strike by the United Auto Workers union that brought virtually all of its North American operations to a standstill would cost it around $3 billion in profits this year. Business • 29 Oct 19
