Bunzl continued its acquisition spree with two more acquisitions in Spain and Brazil. Hunting Plc revised higher its annual operating earnings outlook. Nestle appointed a new chief executive officer.
Casino Guichard entered into debt restructuring negotiations under court supervision as Jean Charles Naouri struggled to retain his controlling stake in the struggling retailer.
Johnson Matthey reported a sharp fall in fiscal year profit. Deutsche Boerse made a formal offer for the Danish software company. Hill & Smith said operating profit in the full-year is expected to be ahead of market expectations.
UK-based Titon Holdings cited macroeconomic headwinds and lowered expectations for the second-half. Sweden-based Concentric AB won a hydrogen fuel cell system order. UK-based C&C Group reported a one-time charge related to ERP system installation.
Premier Foods reiterated its full-year outlook. EasyJet narrowed its loss in the first-half. Burberry Group said comparable store sales soared in the fourth quarter reflecting a rebound in Mainland China.
Euronext SA reported a sharp decline in foreign exchange trading revenue in the first quarter. Siemens AG reported a surge in orders in its Mobility segment driven by a large locomotive order from India.
Vodafone announced its plan to cut staff over three years and declared a final dividend. Embracer Group plunged after the Swedish game developer reiterated its annual adjusted earnings outlook. Britvic plc announced a stock repurchase plan.
Richemont SA reported record annual sales driven by higher sales across all regions in the world. Allianz announced a new stock buyback plan. Societe Generale announced a stock repurchase plan. Nordex SE
reported a wider operating loss.
Rolls Royce said it is on track to meet its annual estimates. ThyssenKrupp reported a sharp decline in profit on lower steel prices and higher operating costs. Telefonica said quarterly profit plunged on higher debt service charges.
Alstom SA delayed its mid-term target on macroeconomic headwinds. Credit Agricole SA reported higher revenue and income on the back of strong activities in domestic market. Melrose Industries lifted its annual outlook.
Daimler Truck Holding reiterated its annual outlook and confirmed its preliminary quarterly results. Fresenius Medical exceeded lowered first quarter revenue and earnings expectations. SBB canceled its dividend and halted its rights offering plan.
SGL Carbon reiterated its flat annual revenue growth outlook. Air France said quarterly loss shrank and passenger count soared. Intercontinental Hotels Group said full-year sales are likely to exceed its previous estimate.
BP Plc slowed its stock repurchase plan after quarterly profit declined. HSBC Plc said quarterly profit tripled. Ashtead Group launched a new stock buyback plan.
Mercedes Benz said its focus on higher priced luxury vehicles drove sales increase and margin expansion. Pearson failed to provide meaningful financial data in its quarterly update. Covestro AG revised its full-year 2023 outlook and launched a stock repurchase program.
Deutsche Bank reported its first quarter results in a decade. Barclays first quarter earnings were ahead of expectations. Danish software company SimCorp soared after Deutsche Boerse agreed to acquire the company.
