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2 weeks ago | 
gurutrade.com | Jesús García Calero |Milla Nissi
April 25 (Reuters) - Yara, one of the world's largest producers of fertilisers, reported first-quarter core earnings well above market expectations on Friday, driven by higher volumes and improved margins, sending it shares up 4.7% in early trade.
The company also highlighted ongoing cost reductions and portfolio optimisation, which it said would position it for continued growth in a tightening nitrogen market.
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4 weeks ago | 
gurutrade.com | Léo Marchandon |Milla Nissi
April 17 (Reuters) - The CEO of OVHCloud, a leading European data centre provider that operates 43 facilities across four continents, said on Thursday that global trade tensions were making European companies rethink their choice of cloud provider from a more strategic perspective.
WHY IT'S IMPORTANT
Data centres and computing power are crucial in the global AI race as they are necessary technical bricks to train and operate AI models.
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4 weeks ago | 
gurutrade.com | Adrianna Ebert |Milla Nissi
GDANSK, April 17 (Reuters) - Parcel locker company InPost said on Thursday that it had acquired Yodel, one of Britain's biggest parcel delivery firms, in a move that will make the Polish group the third-largest independent logistics player in the UK.
Under the terms of the deal, InPost has acquired 95.5% of Yodel parent Judge Logistics' (JLL) share capital, with PayPoint retaining a minority stake of 4.5%.
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1 month ago | 
gurutrade.com | Paolo Laudani |Isabel Demetz |Milla Nissi
April 10 (Reuters) - Swiss chocolate maker Barry Callebaut lowered its annual sales volume guidance on Thursday due to what it called "unprecedented volatility" in cocoa bean prices, sending its shares falling almost 20%, on track for their biggest one-day drop ever.
The world's largest chocolatier, which supplies key food producers such as KitKat maker Nestle, forecast a mid-single-digit percentage decrease in its cocoa sales volume for the financial year ending on August 31.
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1 month ago | 
gurutrade.com | Mathias de Rozario |Alessandro Parodi |Milla Nissi
April 10 (Reuters) - Michelin expects its first-quarter sales to be slightly below market consensus due to steeper than expected seasonality in the first half of 2025, according to the transcript of an investor call held late on Wednesday.
The French tyre maker said that U.S.-imposed tariffs would add to volatility in the market, but its local-to-local strategy would prove valuable in dealing with them.
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1 month ago | 
arizonadigitalfreepress.com | Adrianna Ebert |Milla Nissi
UbiSoft Entertainment logo is seen at the Paris Games Week (PGW), a trade fair for video games in Paris, France, October 27, 2024. (REUTERS/Sarah Meyssonnier/File Photo)Staff Reports | REUTERSThe newest installment in Ubisoft’s blockbuster “Assassin’s Creed” franchise received a “very positive” rating on Steam based on 751 user reviews, with 80% of them being positive, around four hours after its launch on the game distribution platform.
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2 months ago | 
gurutrade.com | Linda Pasquini |Milla Nissi |Mark Potter
CEO says hit to demand already visible in current quarter
Q1 trending 'somewhat below' full-year sales guidance
Shares fall as much as 5%
March 13 (Reuters) - Hugo Boss warned on Thursday of a further weakening in consumer confidence in the United States and China, sending its shares down as much as 5%, as the upmarket fashion label forecast 2025 sales broadly in line with last year's level.
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2 months ago | 
gurutrade.com | Linda Pasquini |Milla Nissi |Joe Bavier
March 12 (Reuters) - Puma's shares sank 22% to their lowest in nine years in early trading on Wednesday, a day after the German sportswear group issued disappointing forecasts for the first quarter and for 2025 amid weak demand in its U.S. and Chinese markets.
Weak quarterly sales and annual profit announced in January have raised concerns over Puma's ability to compete with bigger rivals Adidas and Nike while fending off newer, fast-growing brands such as On Running and Hoka.
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2 months ago | 
gurutrade.com | Matthias Inverardi |Elizaveta Gladun |Linda Pasquini |Milla Nissi
March 11 (Reuters) - Henkel forecast organic sales growth of up to 3.5% for 2025 on Tuesday, citing the implementation of its growth agenda, after the German consumer goods and adhesives maker's 2024 growth missed market expectations.
The owner of Persil and Schwarzkopf brands expects its organic sales to grow between 1.5% and 3.5% this year, compared with a 2.6% organic rise to 21.6 billion euros ($23.4 billion) in 2024.
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2 months ago | 
today.westlaw.com | Jakob Van Calster |Milla Nissi |Mateusz Rabiega
(Reuters) -Reinsurance company SCOR narrowly avoided a yearly loss in 2024 thanks to a strong beat in its fourth quarter net profit driven by its property and casualty (P&C) business and a low tax rate reflecting a release of some tax provisions.
