Shell reports record first-quarter profits following bumper trading performance
The oil giant reported adjusted earnings of $9.6bn (£7.6bn) for the opening three months of 2023, £1.4bn greater than forecast.
Source: thisismoney.co.uk
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Barratt Developments reports much weaker sales and reservation levels
The housebuilder reported that the net private reservation rate at its active outlets had risen from 0.49 units per average week during January to 0.71 in the following 12 weeks.
Source: thisismoney.co.uk
Huge BP profit of $5bn in just three months sparks outrage and praise: full reaction
Oil giant BP’s profits of almost $5 billion (£4bn) in the space of just three months have sparked fresh outrage among its critics but been largely welcomed in the City.
Source: scotsman.com
BUSINESS LIVE: Sainsbury's profits squeezed; Barclays beats forecasts
Among the companies with reports and trading updates today are J Sainsbury, Barclays, Unilever, AstraZeneca, WPP, Petrofac, Taylor Wimpey and LSE.
Source: dailymail.co.uk
Unilever cashes in on price hikes as sales volumes stall
Ben & Jerry’s and Hellman’s owner Unilever said its sales grew by more than 10th in the first quarter as it continues to lift its prices.
Source: leaderlive.co.uk