Profit

Stora Enso Beats Q1 Profit Forecasts, Keeps Full-Year Guidance

Finnish forestry firm Stora Enso beat first-quarter operating profit forecasts on Thursday, but kept its full-year guidance in a move some analysts describ...

HelloFresh Soothes Investor Worries With Q1 Beat

German meal-kit maker HelloFresh reported better-than-expected first-quarter revenues and core earnings, sending its shares soaring and easing investo...

Ebro Foods Sees Inflation Push Up 2022 Operating Costs

Spain's Ebro Foods expects accelerating inflation to push up 2022 operating costs by €60 million ($63 million) more than anticipated, largely due to a...

Kraft Heinz Raises Annual Sales Forecast

Kraft Heinz Co raised its forecast for annual organic sales growth, benefiting from higher product prices and sustained demand for its packaged meals...

Freight Forwarder DSV Lifts 2022 Outlook, Says Exiting Russia

Freight forwarder DSV raised its outlook for 2022 and posted forecast-beating first-quarter operating profit as new lockdowns in China and the war in...

PepsiCo Raises Revenue Forecast Boosted By Higher Prices

PepsiCo has raised its full-revenue forecast, aided by higher prices and a rebound in demand for its sodas at theatres and restaurants.

Packaging Group SIG Posts 6% Revenue Growth In First Quarter

Packaging firm SIG has reported a 6% year-on-year increase in revenue, to €496.7 million, at constant currency in the first quarter of its financial y...

Maersk Raises Profit Guidance, Says Shipping Boom Will Stabilise In H2

Shipping group Maersk, often seen as a barometer for global trade, has cautioned that the container market may normalise in the second half of the year, ev...