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Italys Eni Keeps Production Outlook As 1Q Profit Misses Forecast

2019-04-24 15:31:25| OGI

The state-controlled major confirmed oil and gas production would grow by 2.5% in 2019, driven in part by increases at its giant fields in Egypt and Kazakhstan.

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Primark delivers 25% jump in interim profit

2019-04-24 12:02:00| Daily apparel & textile news and comment - from just-style.com

Value fashion retailer Primark has booked a 25% jump in first-half operating profit thanks to the addition of new selling space and improved margins, which were driven not only by favourable exchange rates but also by better buying.

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Schlumberger Posts 19.8% Fall In Quarterly Profit

2019-04-18 16:55:55| OGI

Top oilfield services provider Schlumberger reported a drop in quarterly profit, hit by weak demand for its equipment and services from oil producers under pressure to rein in spending.

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Zalando shares up on Q1 profit forecast

2019-04-17 11:05:00| Daily apparel & textile news and comment - from just-style.com

Shares in Zalando soared yesterday (16 April) as the German online fashion giant showed signs of recovery by saying it expects to post an operating profit for the first quarter of 2019.

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Ericsson returns to profit in Q1 as organic sales growth strengthens to 7%

2019-04-17 10:22:00| Telecompaper Headlines

(Telecompaper) Ericsson reported a further strengthening in sales growth in the first quarter, with revenues up 7 percent on an organic basis compared to 4 percent in the previous quarter, thanks to expansion in the North American market. The company returned to a net profit, of SEK 2.4 billion, versus a loss of SEK 0.7 billion in the year-earlier period. 

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