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 ... Business • 29 Jan
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
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 ... 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 ... 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 ... 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VW ditches outlook after Covid-19 hammers Q1 profit Germany's Volkswagen Group has withdrawn its outlook for 2020 due to uncertainty related to the new coronavirus outbreak which caused operating profit to drop 81% ... 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 ... 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
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 ... 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 ... 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 ... 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
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 ... 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 ... Business • 29 Oct 19
Wall Street firms record best H1 profit in a decade Wall Street firms recorded their best first half in a decade as profits rose 11%, but a slowdown in the global economy and ongoing trade ... Business • 25 Oct 19
Grafton Group warns of lower profit in 2019 Building materials distributor Grafton Group has today warned that its annual profit would be below market expectations, sendings its shares lower in London trade. Business • 17 Oct 19
Citigroup profit rises 6% on investment bank strength Citigroup has today reported higher profit and revenue, driven by growth in its global consumer business and lower expenses. Business • 15 Oct 19
Goldman Sachs Q3 profit hurt by weak underwriting, M&A Goldman Sachs Group today missed Wall Street's estimates for quarterly profit as global economic worries dampened appetite for deals and share sales. Business • 15 Oct 19
EasyJet says strikes at its rivals to boost revenues UK budget airline EasyJet said today that full-year profit would be towards the upper end of expectations, with revenue boosted by pilot strikes at rivals ... Business • 08 Oct 19
China's industrial profits fall as headwinds hit firms Profits at China's industrial firms contracted in August, reversing the previous month's brief gain, as weak domestic demand and the trade war with the US ... Business • 27 Sep 19
Halfords says political uncertainty denting sales Halfords warned today its 2019-2020 profit would be slightly lower than forecast as UK economic and political uncertainty took its toll on sales of more ... Business • 04 Sep 19
JD Sports says confident of profit meeting expectations Sportswear retailer JD Sports bucked the retail sector gloom yet again, as it predicted full-year profit would meet expectations on strong sales from new stores ... Business • 03 Jul 19
Bank of America's profit rises 6% on growing loan book Bank of America has today reported a 6% rise in quarterly profit, as a growing loan book and cost cuts made up for a drop ... Business • 16 Apr 19
Facebook paid €38.3m in tax on profits of €251.8m here New accounts published by Facebook Ireland show the social network paid €38.3m in tax here last year on a profit of €251.8m. Business • 28 Nov 18
UK's Nationwide profit falls 17% on tech investment Nationwide Building Society, one of Britain's three biggest mortgage providers, said its profit for the first six months of the financial year fell 17%. Business • 22 Nov 18
