Tag Archive | "profits"

Nordic bank Nordea's Q4 profits drop by 8 percent

Nordic bank Nordea's Q4 profits drop by 8 percent STOCKHOLM — Nordic banking group Nordea AB says its fourth-quarter net profit dropped by 8 percent because of subdued market growth. The bank said its net profit fell to 773 million euros ($ 1.06 billion) from 842 million euros in the same period a … Read […]

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Volvo truck sales and profits plunge in Q4

Volvo truck sales and profits plunge in Q4 STOCKHOLM — Swedish truck maker AB Volvo saw profits tumble in the fourth quarter as sales slumped 17 percent on weakening demand in key markets, the company said Wednesday. The net profit in the final three months of 2012 was 793 million kronor … Read more on […]

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Electrolux Q3 profits up despite Europe downturn

Electrolux Q3 profits up despite Europe downturn STOCKHOLM — Home appliance maker Electrolux says its profits increased by 19 percent in third quarter, with sales growing in all markets expect Europe. The Swedish company said Monday that net profit rose to 983 million kronor ($ 150 million), from 826 … Read more on SunHerald.com

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Electrolux Falls as Investors Take Profits: Stockholm Mover

Electrolux Falls as Investors Take Profits: Stockholm Mover “I think it's pure profit taking,” Anders Trapp, an analyst at SEB AB in Stockholm, said by telephone today. “This week there have been some minor news that could be interpreted negatively, and this creates profit taking for a share that has performed … Read more on […]

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Scandinavian airline SAS sees Q2 profits drop

Scandinavian airline SAS sees Q2 profits drop STOCKHOLM — Scandinavian carrier SAS AB, the largest airline in Northern Europe, on Wednesday reported a worse-than-expected 42 percent drop in second-quarter net profit, blaming mainly soaring jet fuel costs. The Stockholm-headquartered company, … Read more on Bradenton Herald

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Scandinavian airline SAS sees Q2 profits drop

Scandinavian airline SAS sees Q2 profits drop STOCKHOLM — Scandinavian carrier SAS AB, the largest airline in Northern Europe, on Wednesday reported a worse-than-expected 42 percent drop in second-quarter net profit, blaming mainly soaring jet fuel costs. The Stockholm-headquartered company, … Read more on Macon Telegraph (blog)

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Swedish truckmaker Volvo sees Q2 profits fall

Swedish truckmaker Volvo sees Q2 profits fall STOCKHOLM — Swedish truckmaker AB Volvo on Tuesday saw its second-quarter net profits fall by nearly 5 percent, mainly on the back of lower truck sales in Brazil and Europe and higher investment costs related to future products. Net profit in the … Read more on Bradenton Herald

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Profits plunge in Q2 for Sweden's Ericsson

Profits plunge in Q2 for Sweden's Ericsson STOCKHOLM (AP) — Swedish wireless equipment maker LM Ericsson saw its second-quarter profits slashed to almost a third as sales of network infrastructure slowed in China and Russia and the company focused on the more stable — but less profitable … Read more on Businessweek

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Swedish truckmaker Volvo sees Q2 profits fall – Miami Herald

STOCKHOLM — Swedish truckmaker AB Volvo on Tuesday saw its second-quarter net profits fall by nearly 5 percent, mainly on the back of lower truck sales in Brazil and Europe and higher investment costs related to future products. Net profit in … Stockholm – Bing News

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