Bayer reported a sharp drop in quarterly earnings. Aixtron said quarterly revenue and earnings improved. Adecco signaled signs for hiring slowdown in 2023.
AXA announced a stock repurchase plan for the current year. Essilor Luxottica reported a rise in earnings and increased dividend but reiterated cautious outlook. WPP lifted sales outlook and estimated higher operating margin.
Stellantis, the parent of Fiat Chrysler, announced a stock repurchase program and hiked dividend. Llyods Banking Group announced a new stock repurchase program. Danone reported annual sales surged partly because of higher prices.
HSBC reported bumper profits but lowered outlook for the current year on the macroeconomic headwinds and rising credit losses linked to commercial real estate in mainland China. IHG hiked its dividends and announced a stock repurchase plan.
Commerzbank said annual profit jumped more than three-fold and held out for higher net interest income in the current year. Orange SA reported higher net income despite headwinds in Romania.
MTU Aero Engines revised lower its 2023 sales outlook on foreign exchange views. Hypermarkets operator Carrefour launched a new stock repurchase plan. Gucci parent Kering said sales rose in key regions worldwide.
Coca-Cola HBC reported a strong increase in case volume and price increase drove total revenue growth in 2022. Holiday tour operator TUI said bookings for summer travels are ahead of pre-pandemic levels.
Ashmore Plc reported a sharp decline in assets under management and in fees in the six-month period. Smurfit Kappa said revenue advanced but box volume fell on tough comparison. ABN AMRO announced a stock repurchase plan. TotalEnergies said annual cash flow soared.
BNP Paribas lifted its earnings outlook for the three-year period to 2025 and announced a stock repurchase plan. BP Plc reported a sharp jump in earnings on higher energy prices.
Diageo commenced its partial takeover plan to increase its majority stake in the Kenya-based brewery company. Aurubis, the German copper smelter said earnings plunged on higher input costs.
Ferrari said shipments and revenues rose and reported record annual earnings. Sanofi forecasted single-digit growth in 2023. TomTom said net loss narrowed in the fourth quarter.
Entain Gaming advanced on profit outlook and a strong revenue increase in its U.S. joint venture. Vodafone struggled with revenue on the weakness in Germany. Hannover Re lifted its net loss estimate for natural catastrophe accounts.
Italy-based UniCredit SpA reported strong quarterly and annual results and plans to return capital to shareholders. Switzerland-based UBS AG hiked its quarterly dividend and renewed its stock repurchase plan.
LVMH reported strong increase in sales and profit on the back of record revenues in fashion and leather goods. Rolls Royce's new chief said the UK's largest engineering company needs deep reforms to survive.
SAP reported a sharp drop in quarterly earnings and said it plans to cut its staff and sell its stake in Qualtrics. STMicroelectronics reported a jump in earnings and revenues and healthy margins.
