Page 2 - Olivia Bugault News Today

By Olivia Bugault Aena SME SA posted a net loss in its first quarter as the number of passengers at its airports plunged due to the coronavirus. The Spanish airport operator booked a loss of 241.2 million euros ($292.5 million) in its first quarter compared with a profit of EUR23.1 million the year prior. Passenger traffic across its Spanish network of airports fell by 80.4% in the first three months of the year to 8.2 million passengers, it said. Revenue fell to EUR353.3 million ...

Provided by Dow Jones By Olivia Bugault Aena SME SA posted a net loss in its first quarter as the number of passengers at its airports plunged due to the coronavirus. The Spanish airport operator booked a loss of 241.2 million euros ($292.5 million) in its first quarter compared with a profit of EUR23.1 million the year prior. Passenger traffic across its Spanish network of airports fell by 80.4% in the first three months of the year to 8.2 million passengers, it s...

Provided by Dow Jones By Olivia Bugault --The company confirmed its cautious guidance for the full year --Airbus will continue to ramp up production despite warning of possible delays in order recovery Airbus SE said Thursday that it swung to a net profit in its first quarter and confirmed its guidance for 2021 but warned that the market recovery will be slower in some regions. "The path to recovery will not be linear," Airbus Chief Executive Officer Guillaume ...

By Olivia Bugault Airbus SE swung to net profit in its first quarter, the company said Thursday as it confirmed its guidance for 2021. Net profit stood at 362 million euros ($438.9 million), compared with a net loss of EUR481 million a year earlier. Revenue fell 2% to EUR10.46 billion. Airbuss more closely watched adjusted earnings before interest and taxes more than doubled during the first three months of the year to EUR694 million from EUR281 million, it said. The increase in ...

Provided by Dow Jones By Olivia Bugault Air Liquide SA said Friday that revenue fell slightly in the first quarter, while it confirmed its views for the rest of the year. The French industrial-gas supplier said revenue fell 0.7% on year to 5.33 billion euros ($6.41 billion) in the first quarter. On a comparable basis, revenue rose 3.8%. Revenue from its gas and services activities--which represents 96% of the group sales--dropped 1.7% to EUR5.10 billion in the qu...

By Olivia Bugault Roche Holding AG said Wednesday that sales slightly decreased in its first quarter, while it confirmed its outlook for the year. The Swiss pharmaceutical major posted sales of 14.93 billion Swiss francs ($16.30 billion), down from CHF15.14 billion a year earlier. At constant exchange rate, sales increased 3%, it said. An analysts consensus provided by FactSet had sales at CHF15.01 billion. Sales at its pharmaceuticals division--its largest business--fell to CHF1...

Provided by Dow Jones By Olivia Bugault Danone SA said Tuesday that first-quarter sales fell, dragged by the coronavirus pandemic that is still affecting its activities, while confirming its guidance for the full year. The French food company reported sales of 5.66 billion euros ($6.81 billion) compared with EUR6.24 billion for the previous year period. Sales dropped 9.4% on a reported basis and 3.3% on a like-for-like basis. An analysts consensus provided by Dan...

Provided by Dow Jones By Olivia Bugault Daimler AG said Friday that its first-quarter earnings will be above market expectations helped by a solid performance of Mercedes-Benz cars, citing preliminary results. Earnings before interest and taxes should come at 5.75 billion euros ($6.88 billion) for the first three months of the year, compared with a market consensus of EUR4.97 billion, the German premium car maker said. Its adjusted EBIT should stand at EUR4.97 billion...

By Olivia Bugault Vivendi SE shares rose sharply Monday after the European media giant said Saturday that it plans to distribute 60% of its subsidiary Universal Music Groups capital to... | February 18, 2021

Provided by Dow Jones By Olivia Bugault Lonza Group AG said Wednesday that sales and earnings rose in 2020 and that it increased its dividend. The Swiss life-sciences company reported sales of 4.51 billion Swiss francs ($5.09 billion), compared with CHF4.21 billion the year prior. Earnings before interest and taxes rose 9% to CHF901 million, it said. Core earnings before interest, taxes, depreciation, and amortization stood at CHF1.41 billion, up roughly 5% from la...