Finance News – Profit
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Profit slump revealed at Jim Ratcliffe-backed Petroineos ahead of major closure
Petroineos experienced a notable decline in earnings before the shutdown of its Grangemouth refinery, reflecting challenges related to market instability, disrupted supply chains,...
Read Full Article →United Utilities: Profit rises significantly as water bills hiked
United Utilities experienced a notable increase in earnings, partially driven by higher charges for its services, leading to a suggested rise in the final dividend for shareholders...
Read Full Article →CoreWeave Revenue Soars on AI Demand, But Heavy Spending Hits Profit
CoreWeave experienced significant revenue growth driven by increased AI demand, yet substantial expenses and large future investments have resulted in notable financial losses and...
Read Full Article →Sage boosts profit and margins as AI tools drive growth
Sage's half-year financial results demonstrate notable improvement in earnings and profitability, supported by increased cloud service demand and the integration of artificial inte...
Read Full Article →National Grid profit jumps by a fifth despite record investment
National Grid experienced a substantial increase in pre-tax earnings, reflecting solid financial performance amid global economic challenges and significant capital expenditures du...
Read Full Article →Sony records robust performance as demand for music and games increases
Sony experienced a notable increase in earnings for the fiscal year ending March 31, driven by higher consumer interest in its entertainment divisions, including both music and vid...
Read Full Article →Interactive Investor creates hundreds of jobs as trading booms
Interactive Investor significantly expanded its workforce by nearly 200 employees, contributing to a rise in pre-tax profits to £89.7 million in 2024, up from £84.2 million the pre...
Read Full Article →Jaguar Land Rover rakes in £2.5bn profit despite stalled sales
Jaguar Land Rover reported a substantial increase in annual earnings to £2.5 billion, marking a decade-high profit even as its vehicle sales experienced little growth over the same...
Read Full Article →Under Armour’s stock gains as upbeat outlook shows turnaround gaining ‘traction’
Under Armour’s forecast of a modest profit for the first quarter, surpassing market expectations, indicates improving financial performance and has positively influenced investor c...
Read Full Article →Trading 212: UK revenue spikes as profit passes £50m
The UK branch of Trading 212 experienced substantial growth in income, resulting in a notable increase in earnings that exceeded fifty million pounds during the most recent fiscal...
Read Full Article →Bitcoin’s $102k market price grants miners 182% profit
The current value of Bitcoin significantly exceeds the estimated production expenses, potentially allowing miners to achieve returns of nearly double their initial investment.
Read Full Article →Bytes Technology warns on increased cyber risk as profit jumps
Despite reporting higher earnings, Bytes Technology has highlighted a growing concern over cybersecurity threats, reflecting the company’s heightened awareness of evolving dangers...
Read Full Article →Marston’s: Pub chain swings back into the black
Marston’s has returned to profitability with a notable rise in underlying profit before tax to £19 million in the first half, supported by increased customer demand and improved co...
Read Full Article →On The Beach: Demand for city breaks boosts travel group
The travel company experienced notable financial growth in the first half of 2025, with revenue rising by 12 percent and adjusted EBITDA increasing by 19 percent compared to the pr...
Read Full Article →UniCredit lifts outlook as it beats expectations with record profit
Italy’s second largest bank reported its strongest quarterly earnings to date, surpassing forecasts and prompting an upgraded forecast, highlighting its improving financial perform...
Read Full Article →An easy way for investors to profit from a declining U.S. dollar
Investors may find new opportunities as a previously struggling asset starts gaining value amid the downward trend of the U.S. dollar, potentially enhancing portfolio returns.
Read Full Article →Saudi oil giant Aramco posts 5% dip in first-quarter profit on weaker crude prices
Saudi Aramco experienced a decline in net earnings during the first quarter compared to the previous year, reflecting the impact of reduced crude oil prices and decreased output le...
Read Full Article →Commerzbank reports profit surge as it fends off UniCredit bid
Commerzbank achieved its highest quarterly earnings in over a decade, demonstrating strong financial performance that may influence ongoing acquisition discussions with UniCredit.
Read Full Article →Enbridge reports $2.3B first-quarter profit up from $1.4B last year
Enbridge’s latest quarterly earnings demonstrated a substantial increase in profitability, with net income and earnings per share both showing significant growth compared to the sa...
Read Full Article →Ray-Ban owner issues warning after UK sales fall
Luxottica Group's UK division anticipates a decline in gross and operating profits for 2024 due to rising expenses, following a decrease in sales and overall financial performance...
Read Full Article →Tesco: CEO takes home bumper pay packet after profit jump
Tesco's chief executive received a substantial compensation totaling over £9 million, reflecting the company’s improved sales performance and higher-than-anticipated profit margins...
Read Full Article →ASX set to edge up, Fed keeps rates on hold; ANZ posts $3.6b profit, Transurban to cut 300 jobs
Following the Federal Reserve’s decision to maintain interest rates, major Australian companies reported strong earnings and announced workforce reductions, reflecting cautious opt...
Read Full Article →Metro Bank shares soar as lender’s turnaround gathers pace
The bank reported a notable rise in first-quarter earnings compared to late 2024, boosting investor confidence and driving its stock price up by almost four percent in early market...
Read Full Article →Next sales buoyed by unusually warm spring weather in UK
The retailer’s stronger-than-anticipated revenue performance, driven by favorable seasonal conditions, contributed significantly to its ongoing profitability and exceeded financial...
Read Full Article →TSB Bank’s profit rockets from stamp duty rush and cost-cutting
TSB Bank’s first-quarter earnings surged by 89 percent year-over-year, driven by reduced operating costs and increased transaction volumes ahead of regulatory changes, resulting in...
Read Full Article →Bitcoin (BTC) Profit Returns as Price Hits Two-Month High
The recent increase in Bitcoin’s value to its highest point in two months has led to a corresponding rise in gains for investors holding the cryptocurrency.
Read Full Article →Bitcoin miner Core Scientific posts $580M Q1 profit but misses revenue estimates
Core Scientific reported a significant increase in net profit despite declining revenue, reflecting challenges from reduced mining rewards and a strategic pivot toward high-perform...
Read Full Article →ANZ profit rises as NAB boss tips rate cuts and housing boom
Major financial institutions reported varied earnings this quarter, with one key executive anticipating that lower borrowing costs will support ongoing growth in the property marke...
Read Full Article →Nasdaq-listed Bitcoin miner Core Scientific nets $580 million in Q1 profit, largely driven by mark-t...
Core Scientific’s first-quarter net income surged to $580.7 million in 2025, primarily influenced by changes in warrant valuations, significantly exceeding the $210.7 million repor...
Read Full Article →AI avatar of CEO delivers annual results in first for London Stock Exchange
The company reported increased earnings despite challenges from recent US trade restrictions, marking a notable advancement in how corporate financial disclosures are presented on...
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