Page 20 - Anna Ringstrom News Today

Volvo Cars sales grew 10% in October from a year earlier to 59,861 cars, the Sweden-based group said on Friday. ...

Finlands Neste said on Wednesday it plans to save 50 million euros annually through measures it expects will include shedding 400 jobs globally. The group said it would...

HELSINKI (Reuters) -Finland's Neste said on Wednesday it plans to save 50 million euros ($53 million) annually through measures that include shedding 400 jobs globally to prepare for increasing competition in renewable fuels. The refiner and biofuels producer has grown rapidly in recent years having invested early in renewable fuels it makes from waste and residue, as industries and transport operators seek greener alternatives for fuels to cut their emissions. Neste said it would merge i...

Swedish builder Skanska reported third-quarter earnings far below market expectations on Wednesday as weak property markets took a toll in the shape of asset writedowns and goodwill impairment charges, sending its shares down 12%. "Based on recent market developments, we have reassessed the value of assets in our Property Development operations and recognized impairments of some of these," Skanska CEO Anders Danielsson said in a statement. A series of interest rate hikes across the w...

Swedish builder Skanska reported third-quarter operating earnings well below market expectations on Wednesday as weak property markets took a toll in the shape of asset writedowns and goodwill...

Finlands Nokian Tyres on Tuesday posted an operating profit for the third quarter below analysts expectations, citing demanding car and tyre markets. The Finnish tyre maker said...

Swedish mining equipment maker Epiroc reported on Friday a smaller rise than expected in third-quarter operating profit but predicted underlying demand would remain at a high level in the near term. ...

STOCKHOLM -Swedish banking group Swedbank reported a bigger-than-expected rise in third-quarter net profit on Thursday and said the economy remained resilient despite turbulence and higher interest... -October 26, 2023 at 01:29 am EDT - MarketScreener

Swedish defence contractor Saab reported on Thursday a jump in third-quarter profit helped by high demand and raised its full-year sales outlook, sending its shares up 7% in early trade. Operating profit at the maker of the Gripen fighter jet rose 51% from a year earlier to 859 million crowns ($76.9 million) on organic sales growth of 31%. "The geopolitical tensions are impacting our industry and driving the largest increase in defence investments in the last 30 years, particularly in Eur...

STOCKHOLM (Reuters) -A Swedish court said on Thursday it had found a man not guilty of spying on Sweden and the United States on behalf of Russia and ...