Michael Susin

Spain

UK Markets Reporter at Dow Jones Newswires

UK Markets Reporter at The Wall Street Journal

UK markets Reporter at @Dowjones & @WSJ, previously News Reporter at @Reuters

Articles

Games Workshop Expects Profit Growth After Licensing Income Hits Record High

1 month ago | wsj.com | Michael Susin

Licensing remains a significant area of focus, the FTSE 100 company saidThe retailer and maker of Warhammer miniatures—which joined London’s blue-chip FTSE 100 index last month—said it expects pretax profit for the year ending June 1 to rise to at least 255 million pounds ($342.2 million) from 203.0 million pounds a year earlier. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Tesco's U.K. Chief Matthew Barnes Steps Down

1 month ago | marketscreener.com | Michael Susin

By Michael Susin Tesco said its U.K. Chief Executive Matthew Barnes stepped down from the role to pursue other opportunities. The U.K.'s largest grocer by market share said on Thursday that Barnes will be replaced by Ashwin Prasad, currently chief commercial officer, from June 30. Prasad has been part of Tesco's executive since 2020 and brings retail and commercial experience to the role, it added.
Volkswagen Names Stefan Mecha as Chair of Commercial Vehicles Brand

1 month ago | marketscreener.com | Michael Susin

By Michael Susin Volkswagen named Stefan Mecha as chairman of its commercial vehicles brand, effective from July 1. Mecha is currently the chief executive officer of the German carmaker's passenger cars brand, with responsibility for China region. "Mecha will take the Volkswagen commercial vehicles brand to the next level and further strengthen cooperation within the Brand Group Core," Volkswagen Brand Chief Executive Thomas Schaefer said Wednesday.
Rio Tinto, Codelco to Create Lithium JV in Chile

1 month ago | marketscreener.com | Michael Susin

By Michael Susin Rio Tinto said it agreed to form a joint venture with Corporacion Nacional Del Cobre de Chile to develop a lithium project in Chile's Salar de Maricunga resource base. The world's second-biggest miner by market value said Monday that it will invest up to $900 million, consisting of initial funding and further development subject to certain milestones and studies. The joint venture aims to deliver first lithium by the end of 2030.
Adidas Shareholders to Oppose Chair’s Re-Election

1 month ago | wsj.com | Michael Susin

Shareholders cite lack of a succession plan for supervisory-board chairman Thomas RabeRabe, chief executive of both German media group Bertelsmann and its listed broadcasting arm RTL Group RRTL -0.46%decrease; red down pointing triangle, has chaired the supervisory board of the German sporting-goods company since 2020. Adidas shareholders are set to vote on a proposal for him to remain in the role for an additional year at the annual meeting scheduled for Thursday.
Adidas Shareholders to Oppose Chair's Re-Election

1 month ago | marketscreener.com | Michael Susin

Published on 05/14/2025 at 12:17 By Michael Susin Some Adidas shareholders said they plan to oppose the re-election of supervisory-board chairman Thomas Rabe at the company's annual general meeting, citing the lack of a succession plan. Rabe, chief executive of both German media group Bertelsmann and its listed broadcasting arm RTL Group, has chaired the supervisory board of the German sporting-goods company since 2020.
Adidas Shareholders to Oppose Chair's Re-Election

1 month ago | ca.marketscreener.com | Michael Susin

Published on 2025-05-14 at 12:17 By Michael Susin Some Adidas shareholders said they plan to oppose the re-election of supervisory-board chairman Thomas Rabe at the company's annual general meeting, citing the lack of a succession plan. Rabe, chief executive of both German media group Bertelsmann and its listed broadcasting arm RTL Group, has chaired the supervisory board of the German sporting-goods company since 2020.
TotalEnergies Sells 50% Stake in Polish Biogas Firm to HitecVision

1 month ago | marketscreener.com | Michael Susin

TOTALENERGIES SEAdd to a list Real-time Euronext Paris 05:40:39 2025-05-14 am EDT 5-day change 1st Jan Change 53.00 EUR -0.77% +4.45% -0.67% TotalEnergies Sells 50% Stake in Polish Biogas Firm to HitecVision Published on 05/14/2025 at 05:38 TotalEnergies said it agreed to sell 50% of its fully-owned Polska Grupa Biogazowa in a deal valued at 190 million euros ($212.5 million), including debt, to Norwegian investment company HitecVision.
Next PLC Lifts Guidance Again After Warmer Weather Drives Sales Beat

1 month ago | wsj.com | Michael Susin

However increased sales of summer-season clothing were likely to have been pulled forward from the second quarter, it saidU.K. fashion retailer Next PLC NXT -2.06%decrease; red down pointing triangle upgraded its fiscal-year guidance for the second time after full-price sales rose by more than expected in the first quarter, when warmer weather encouraged shoppers to splash out on summer clothing.
Prosus Expects Guidance Beat as Revenue, Profit Grows

1 month ago | tradingview.com | Michael Susin

Prosus Expects Guidance Beat as Revenue, Profit GrowsPRXProsus said its results for fiscal 2025 would beat previous guidance, as it continues to see strong growth in revenue and profits. The company said on Thursday that it would deliver adjusted operating profit--the company's preferred metric, which strips out exceptional and other one-off items--for its e-commerce portfolio of more than $435 million for the year ended March, compared with its previous goal of $400 million set in October.