Greta Rosén Fondahn

2 weeks ago | marketscreener.com | Greta Rosén Fondahn

(Reuters) -Swedish industrial bearings maker SKF has passed on the cost of tariffs to customers, it said on Friday, but forecast like-for-like sales to weaken in the second quarter as global trade uncertainties threaten already muted demand. SKF, which makes bearings for products ranging from machine tools to wind turbines, said continued weak demand in the first quarter had been partially offset by cost cuts and price setting among other measures as its earnings beat market expectations.

3 weeks ago | marketscreener.com | Greta Rosén Fondahn |Alessandro Parodi

(Reuters) -New car sales in Europe rose 2.8% in March, boosted by double digit jumps in Britain and Spain, as industry data on Thursday showed that an increase in registrations of electric vehicles in the month offset a fall in those of petrol and diesel cars. Sales of fully electric cars were up 23.6% in the month, data by the European Automobile Manufacturers Association (ACEA) showed.

1 month ago | kfgo.com | Greta Rosén Fondahn |Maggie Fick

By Greta Rosen Fondahn and Maggie FickGDANSK/LONDON (Reuters) – Bank of America analysts on Friday said Novo Nordisk may miss first-quarter expectations, as sales of its blockbuster Wegovy and Ozempic drugs lag, which could prompt the Danish drugmaker to cut its 2025 guidance in its quarterly results. BofA global research predicted in a note a 2% cut to the company’s full-year sales guidance and expects a new sales growth range for the year of between 14% and 22%.

1 month ago | yahoo.com | Greta Rosén Fondahn |Maggie Fick

By Greta Rosen Fondahn and Maggie FickGDANSK/LONDON (Reuters) - Bank of America analysts on Friday said Novo Nordisk may miss first-quarter expectations, as sales of its blockbuster Wegovy and Ozempic drugs lag, which could prompt the Danish drugmaker to cut its 2025 guidance in its quarterly results. BofA global research predicted in a note a 2% cut to the company's full-year sales guidance and expects a new sales growth range for the year of between 14% and 22%.

1 month ago | bilyonaryo.com | Alessandro Parodi |Greta Rosén Fondahn |Ariel Tolentino

By Alessandro Parodi and Greta Rosen FondahnMarch 25 (Reuters) – Tesla’s TSLA.O market share in Europe continued to shrink in February as sales of the all-electric car maker dropped for a second month even as EV registrations overall on the continent grew.