Profits Warnings

Thursday, 02 February 2023

Latest News for: Profits warnings

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Estée Lauder deepens profit warning

The Times/The Sunday Times 03 Feb 2023

Covid-related disruption has cast a cloud over a recovery in China and has forced Estée Lauder to forecast a bigger drop in full-year profit than it had ...

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Santander profit jumps on rate rises

The Times/The Sunday Times 03 Feb 2023

The Bank of England’s recent rate rises have lifted Santander UK to its highest profits for more than ten years ... However, it warned about a ...

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Kumba delivers profit warning after rail problems hit exports

Hellenic Shipping News Worldwide 02 Feb 2023

Kumba Iron Ore KIOJ.J warned on Thursday that 2022 profit could ...

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24 shopkeepers fined on profiteering in Faisalabad

Urdu Point 02 Feb 2023

... found 24 shopkeepers involved in overcharging and profiteering. Therefore, a total fine of Rs.98,000 was imposed on them in addition to issuing warning that they would be sent behind bars if they did not mend their way of profiteering.

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BUSINESS LIVE: Shell posts record $40bn profits; BT revenues slip

This is Money 02 Feb 2023

'Shell’s record profit for the year will only intensify calls' for windfall taxes ... 'Shell’s record profit for the year will only intensify calls for more to be done to claw back profits from energy companies in the current environment ... Shares in Superdry, which warned on profit last month, have fallen 41 per cent over the last year.

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Superdry boss Julian Dunkerton says he has no plans 'at the moment' to take the ...

The Daily Mail 02 Feb 2023

Shell posts record $40bn profits on soaring... Superdry's boss serves up fresh profit warning but pushes... Last week, Superdry said it expects only to break even this year, after reporting a deeper half-year loss, with the climb down from a previous profit forecast sending its share price plunging by as much as 20 per cent.

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Shell announces �68,100,000,000 annual profit due to soaring oil prices

Metro UK 02 Feb 2023

The record profits have been described as ‘outrageous’ (Picture ... Shell profits increased by 53% to £68.1 billion in 2022 due to soaring oil prices, the energy giant has announced ... Once you take into account adjusted earnings, including taxes, profits amount to around 39.9 billion dollars (£32.2 billion) for Shell.

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Shell delivers record $40bn annual profit as energy prices soar

AOL 02 Feb 2023

Shell (SHEL.L) has delivered a record $39.9bn (£32.2bn) profit last year fuelled by surging oil and gas prices, the highest in its 115-year history ... The figure is one of the highest profits ever posted by a British company after Vodafone's £60bn in 2014 – following the sale of Verizon Wireless – and British American Tobacco's £38bn in 2017.

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Oil and gas giant Shell's annual profits surge by eyewatering 53% to £68BN as households ...

The Daily Mail 02 Feb 2023

Energy giant Shell's profits increased by 53 per cent to £68.1 billion in 2022 due to soaring oil prices in the wake of Russia's invasion of Ukraine ... In response to energy giant Shell's record profits, the Liberal Democrats said Prime Minister Rishi Sunak has failed to take action with a proper windfall tax.

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Oil and gas giant Shell's annual profits surge to eyewatering £32BN as households and businesses ...

The Daily Mail 02 Feb 2023

Energy giant Shell's profits increased to £32 billion ($39.9bn) in 2022 due to soaring oil prices in the wake of Russia's invasion of Ukraine. The figure presented the company's highest profit in its 115-year history and surpassed the expectations of industry experts.

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Shell profits fuel calls for increase in oil and gas windfall tax

AOL 02 Feb 2023

The record profits announced by Shell have heaped pressure on Prime Minister Rishi Sunak to increase the windfall tax on oil and gas giants ... Shell recorded the highest profit in its 115-year history as it benefited from soaring energy prices driven by Russian President Vladimir Putin’s invasion of Ukraine.

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Siemens Gamesa posts $974 mln net loss on higher warranty costs

Reuters 02 Feb 2023

Grid & InfrastructurecategoryShell makes record $40 bln profit in tumultuous 2022, article with gallery ... Eickholt was brought on board to fix Siemens Gamesa's operational issues, including problems with the 5.X onshore turbine that has caused several profit warnings for the Spanish-listed group and its German parent.

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Fashion boss moves to quash sell off rumours

The Business Desk 02 Feb 2023

A recent profit warning resulted in shares in the Cheltenham business falling by as much as 20 per cent ... Author Recommended Posts ... The statement reads ... The business now anticipates pre-tax profits to broadly break even for the 12 months to April, compared to a previously guided range of between £10m and £20m.  . Previous Article. Next Article. .

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Shanghai Composite Index Ended Nearly Flat on Thursday

Caixin Online 02 Feb 2023

China’s benchmark Shanghai Composite Index (000001.SH) closed nearly flat on Thursday, while the Shenzhen Component Index (399001.SZ) fell 0.22% ... · Guangdong Party Chief Warns Growth Model Must Change ... · Sany Heavy, Zoomlion Warn of Tumbling Profits on Covid-Hit Economy ... · China Warns Incoming Czech Leader Over Call with Taiwan’s Tsai ... · In Depth ... .

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Joe’s classified-doc corruption, don’t fall for Omar’s whining and other commentary

New York Post 02 Feb 2023

Blame Biden for Big Oil Profits. “President Biden has done more to enrich Big Oil and its shareholders than Donald Trump or any other White House occupant in decades,” quip The Wall Street Journal’s editors, flagging the industry’s recent big profits ... Louis come with a warning that ...