In the recent earnings call, Heineken (AS:HEIN) N.V. (HEIA.AS) discussed its full-year results for 2023, showcasing a mix of growth and challenges across its global markets. The company reported an organic net revenue increase of 5.5%, with a notable 10.8% rise in net revenue per hectoliter, despite a 4.7% dip in total beer volume. The...
Ahold Delhaize (AD.AS), the international food retail group, has announced its financial results for the fourth quarter and full year of 2023, showcasing resilience and strategic progress in a changing market landscape. The company reported a 1.9% increase in net sales for Q4, reaching €23 billion, and a 3.8% rise in full-year sales to €89...
Norwegian Air Shuttle ASA (NAS.OL) concluded the fourth quarter of 2023 with a robust financial performance, as detailed by CEO Geir Karlsen and CFO Hans-Jorgen Wibstad. The airline achieved a record EBIT of NOK2.2 billion for the year, underpinned by strong liquidity and operational improvements. With the acquisition of Wideroe, expansion of fleet and bases,...
Portland General Electric (NYSE: NYSE:POR) has released its fourth quarter and full year 2023 financial results on February 16, 2024. The company reported a full-year GAAP net income of $228 million, or $2.33 per diluted share, and an adjusted non-GAAP net income of $233 million, or $2.38 per share. Despite facing lower-than-expected results in the...
NatWest Group (NWG.L) announced a robust financial performance in its Annual Results 2023 Management Presentation, with a profit exceeding GBP 6 billion. The bank revealed an operating profit before tax of GBP 6.2 billion and a return on tangible equity (RoTE) of 17.8% for the year. NatWest also declared a final dividend of 11.5 pence...
NatWest Group (NWG.L) announced a robust financial performance in its Annual Results 2023 Management Presentation, with a profit exceeding GBP 6 billion. The bank revealed an operating profit before tax of GBP 6.2 billion and a return on tangible equity (RoTE) of 17.8% for the year. NatWest also declared a final dividend of 11.5 pence...
Liberty Global (NASDAQ:LBTYA) has reported a robust operating performance for the full year of 2023, navigating through a landscape marked by macroeconomic and competitive pressures. The key highlights from the investor call include the company\'s accelerated EBITDA growth, particularly in its BMO 2 and Sunrise segments, which surpassed the distributable cash flow projections. The company...
Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. Pro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today! Loop Capital starts Nvidia coverage with a Street-high target price Loop Capital started research coverage of NVIDIA Corporation (NASDAQ:NVDA) stock with a Buy rating and a...
BERLIN (Reuters) -Ground staff at German airline Lufthansa (LHAG.DE) will go on strike on Tuesday, the Verdi union said on Sunday, announcing the latest industrial action to hit Germany\'s transport sector as workers demand more pay. The strike is scheduled to start at 4 a.m. (0300 GMT) on Tuesday and finish at 7.10 a.m. (0610...
(Reuters) -The European Union is set to fine Apple (NASDAQ:AAPL) about 500 million euros ($539 million) over alleged breaches of EU competition law, the Financial Times reported on Sunday citing unnamed sources. The fine is expected to be announced early next month, the FT said. Last year, the European Commission accused Apple of distorting competition...