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Swedish bank SEB reported a third-quarter operating profit above market expectations on Wednesday but said the positive effect from higher interest rates had come down compared to previous...
Swedish industrials group Atlas Copco reported on Wednesday third-quarter adjusted operating profits above market expectations but predicted demand would weaken in the near term compared to the third...
Swedish mining and smelting group Boliden reported on Friday a slightly bigger than expected fall in third-quarter operating profit as metal prices and sales volumes fell amid weak economic activity. ...
Nordea, the Nordic region's biggest bank, reported on Thursday a rise in third-quarter operating profit largely in line with expectations, helped by high interest rates. Operating profit... -October 19, 2023 at 12:35 am EDT - MarketScreener
STOCKHOLM (Reuters) -Finnish telecom gear group Nokia said on Thursday it would cut up to 14,000 jobs in a new cost reduction effort after third-quarter sales fell by a fifth, taken down by sales of next-generation 5G equipment. Nokia and rival Ericsson have grappled with slowing demand for 5G equipment in countries such as the United States, trying to offset some of the weakness with higher sales to India, a low-margin market. Nokia is targeting savings of between 800 million euros ($842 million) and 1.2 billion euros by 2026, the deadline by which it seeks to deliver a long-term comparable...