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 …
profit
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Business
Samsung agrees massive chip bonuses amid AI profit boom, faces shareholder lawsuits
by Leo Müllerby Leo MüllerSamsung bonuses agreement averts strike as AI profits ignite shareholder clash Samsung bonuses deal averts a major strike as unions secure large payouts amid AI-driven profit surge; shareholders and Seoul …
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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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World
Aramco CEO Warns Global Oil Supply Lost One Billion Barrels After Q1 Profit Surge
by anna walterby anna walterAramco CEO warns world lost around one billion barrels of oil supply in two months Aramco CEO Amin Nasser says the world lost around one billion barrels of oil supply …
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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 …
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Business
Chinese automakers face steep profit declines as exports and currency squeeze margins
by Leo Müllerby Leo MüllerChinese automakers profit slump deepens as BYD, Changan and Geely report steep Q1 declines Chinese automakers profit slump deepens as margins drop below 3%, with BYD, Geely and Changan reporting …
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Business
Adidas reports robust Q1 revenue and profit growth ahead of World Cup
by Leo Müllerby Leo MüllerAdidas posts stronger-than-expected Q1 2026 as World Cup campaign lifts outlook Adidas surged in Q1 2026 with €6.6 billion revenue and a 15.5% rise in operating profit, keeping full-year guidance …