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{ Tag Archives } net-profit

Lukoil’s Q2 profit drops 16 pct to $1.9 Bln (AP)

AP – Lukoil, Russia’s second-largest oil producer, said Tuesday its second-quarter net profit dropped 16 percent from a year ago to $1.9 billion due to a rise in export duties and cost inflation.

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Carrefour turnaround plan brings H1 profit (AP)

AP – The CEO of Carrefour SA on Tuesday said his three year turnaround plan is “profoundly changing” the French retailer, which reported a net profit of euro82 million ($104 million) in the first half.

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Heineken H1 profit rises on one-time gains (AP)

AP – Heineken NV, the world’s third-largest brewer, said Wednesday its first-half net profit rose by 42 percent thanks to one-time financial gains, cost cutting and positive currency effects.

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Cement maker Holcim sees Q2 profit drop 12 percent (AP)

AP – Cement maker Holcim is blaming a slow construction recovery in Europe for a 12 percent drop in second-quarter net profit to 399 million Swiss francs ($383 million).

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Adecco posts Q2 net profit of $127 million (AP)

AP – Staffing company Adecco SA posted a second-quarter net profit of euro97 million ($127 million) Wednesday as demand in major economies recovered from the global downturn.

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NYSE Euronext reports $184M profit for 2Q (AP)

AP – Trans-Atlantic stock exchange operator NYSE Euronext said Tuesday it earned $184 million in the second quarter as it saw a jump in revenue from derivatives trading and eliminated one-time charges recorded last year.

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Metro quarterly profit off by 15.4 percent (AFP)

AFP – German retail giant Metro posted Monday a 15.4 percent drop in second quarter net profit to 44 million euros (57 million dollars), well below analyst’s forecasts owing to restructuring charges and higher interest payments.

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Lower provisions and retail boost BNP profit (Reuters)

Reuters – BNP Paribas , France’s biggest listed bank, posted higher-than-expected second-quarter net profit thanks to lower loan provisions and strong retail banking, despite volatile financial market conditions.

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Honda posts record Q1 and Renault returns to H1 profit (Reuters)

Reuters – Honda Motor Co (7267.T) raised its full-year forecasts after posting a record quarterly net profit on Friday, while brisk sales returned France’s Renault to profit in the first half.

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Nissan posts $1.22 bln first quarter profit (AFP)

AFP – Japan’s number three automaker Nissan Motor on Thursday announced a soaring quarterly net profit on sales of cars in Asia, stronger auto demand in the United States and cost cuts.

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