Otto Group posts €1.1bn EBITDA as new female leadership signals strategic shift Otto Group posts stronger profits under new female leadership: EBITDA €1.1bn, net income €312m, revenue €13.8bn; restructuring and …
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Technology
Nvidia posts 85% revenue surge to $81.6B as data-center sales nearly double
by Helga Moritzby Helga MoritzNvidia quarterly results: Revenue soars 85% to $81.6 billion in Q1 FY2027 Nvidia posts record quarterly results as revenue jumps to $81.6B, driven by a near-doubling of data‑center sales and …
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Business
Nvidia posts nearly $58 billion profit and announces $80 billion buyback
by Leo Müllerby Leo MüllerNvidia earnings surge with $58 billion quarterly profit and $80 billion buyback Nvidia earnings jump as the chipmaker posts nearly $58 billion net income and $81 billion revenue, raising guidance …
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Business
Koro posts €252 million revenue and returns to positive EBITDA
by Leo Müllerby Leo MüllerKoro Posts €252M Revenue, 44% Growth and Returns to Positive EBITDA Koro posts 44% growth to €252M and returns to positive EBITDA as omnichannel expansion, sustainability and social commerce drive …
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Business
German economy posts 0.3% first-quarter growth as economists warn of second-quarter contraction
by Leo Müllerby Leo MüllerGerman economy posts 0.3% Q1 growth but outlook clouded by Iran war risks German economy posts 0.3% quarter-on-quarter growth in Q1, but rising oil prices and supply uncertainty from the …
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Business
Porsche SE posts €923m Q1 loss after €1.3bn Volkswagen write-down
by Leo Müllerby Leo MüllerPorsche SE posts €923m Q1 loss after €1.3bn Volkswagen write-down Porsche SE posts €923m first-quarter loss after a €1.3bn Volkswagen write-down; adjusted operating profit fell to €382m as CEO cites …
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Business
Würth posts revenue and profit growth as stocked inventories cushion market shocks
by Leo Müllerby Leo MüllerWürth Group posts gains as inventory build-up cushions rising costs Würth Group reports higher sales and operating profit after a deliberate stockpiling strategy helped offset rising energy and geopolitical pressures …
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Business
Daimler Truck posts 80 percent profit plunge, plans 5,000 German job cuts
by Leo Müllerby Leo MüllerDaimler Truck Q1 Profit Plunges 80% as North American Weakness Hits Sales Daimler Truck reports an 80% fall in first-quarter profit to €149 million, with revenue down 13% to €9.98 …
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BMW Q1 results: Net profit falls 23% to €1.67bn as Zipse prepares to step down BMW Q1 results show a 23% drop in net profit to €1.67bn and an 8.1% …
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Business
Unicredit posts record Q1 profit, raises 2026 outlook, opens Commerzbank exchange window
by Leo Müllerby Leo MüllerUnicredit record profit boosts takeover push as Commerzbank exchange period opens Unicredit record profit for Q1 2026 fuels its Commerzbank takeover push; net income rose to €3.2bn and a six-week …