UniCredit said it plans to distribute 100% of its annual profit through stock repurchases and dividends. Societe Generale announced a management reorganization. Delivery Hero reported its financial metrics in line with its target.
Electrolux reported a sharply higher annual loss in 2023. Husqvarna reported a smaller-than-expected loss in the fourth quarter. Wizz Air said the passenger count jumped in January.
Glencore announced additional weakness in production volumes of copper, nickel, and cobalt. Sanofi missed fourth-quarter earnings. Deutsche Bank plans to hike shareholder payouts.
Banco Santander forecasted higher profit in the current year. H&M missed its operating earnings estimate and appointed a new chief executive. Novo Nordisk estimated a double-digit increase in sales and earnings growth in the latest fiscal year.
BBVA reported strong financial results and announced a stock repurchase plan. Hapag-Lloyd's operating earnings plunged after ocean freight rates normalized. Diego reported weak sales and earnings in the fiscal first half.
Holcim announced to spinoff its North American business. Eutelsat trimmed its annual revenue estimate. Wacker Chemie reported a sharp decline in annual earnings. Ferrexpo lost a court appeal in Ukraine.
Remy Cointreau reported a sharp decline in sales in its first nine months of operation but estimated full-year sales to decline towards the lower end of its guidance. KONE said new orders jumped in the latest quarter, but earnings were flat.
STMicroelectronics estimated a decline in revenue in the first quarter. Epiroc said operating margins eased in the final quarter, but new orders received rose. Givaudan reported results that met market expectations.
ASML said quarterly revenue and earnings rose more than expected. SAP said restructuring is expected to cost at least €2 billion. Barry Callebaut reported a slight increase in sales volume in the latest fiscal quarter.
Sanofi agreed to acquire the U.S.-based immuno-oncology focused biotech company Inhibrx. Logitech said its annual sales decline is likely to be smaller than previously anticipated. Swatch Group's annual sales rose but missed its target because of a stronger Swiss franc.
La Francaise des Juex agreed to acquire Swedish online gambling group Kindred Group. Credit Agricole took a minority stake in online payment services provider Worldline SA. Endeavour Mining estimated higher gold production in 2024.
4imprint, the UK-based promotional products company, said 2023 sales and earnings are likely to surpass the previous year. Deliveroo said 2023 earnings are expected to be ahead of its guidance. BASF said the company is expected to swing to a net income in 2023.
BHP Group said it plans to write down assets in its nickel unit. Watches of Switzerland Group lowered its fiscal 2024 revenue outlook. Telefonica completed the sale of a green bond.
Air France KLM withdrew from its air cargo agreements with French logistics company CMA CGM. Ocado estimated the company will return to profitability in the latest fiscal year. Hugo Boss' preliminary operating earnings in the fourth quarter fell short of expectations.
Dassault Aviation said aircraft deliveries in 2023 fell short of its estimates. PageGroup estimated current quarter revenue to lag the company's expectations. Crest Nicholson lowered its profit outlook.
