Tag: profit
Siemens achieves record operating profit and remains optimistic
Siemens CEO Roland Busch The CEO is making progress in converting the traditional group into an IT company. (Photo: Lennart Preiss/Siemens AG) Munich Despite the global upheaval, Siemens achieved a…
Profit skimming plans split renewables industry
Berlin, Dusseldorf The energy industry is vehemently discussing the federal government’s plan to skim off excess profits. Associations and representatives of companies such as RWE, EnBW and others have been…
The excess profit skimming becomes a bureaucratic monster
Wind turbines in Lower Saxony The revenue cap should be defined separately for each individual system. (Photo: dpa) The planned skimming off of excess profits does not end well. The…
Tesla Earns 8 Times More Profit than Toyota
Tesla managed to earn 8 times more, despite selling hundreds of thousands of fewer vehicles than Toyota, another automobile giant. So how does the company under the management of Elon…
Daimler Truck increases sales significantly – Jungheinrich is growing
Energy group EnBW cuts forecast for 2022 The energy group EnBW has lowered its forecast for the year after the first nine months. The supplier now expects one for 2022…
Excess profit tax alarms the electricity industry
Robert Habeck The plans from his economics ministry are met with harsh criticism in the energy industry. (Photo: AP/dpa) Berlin, Dusseldorf The federal government’s plans to skim off chance profits…
Telekom makes 80 percent more profit thanks to US subsidiary T-Mobile US
T Mobile Store The US business contributes the largest part to the growth of the entire group. (Photo: Bloomberg) Munich Deutsche Telekom’s winning streak continued in the most recent quarter.…
Telekom makes 80 percent more profit thanks to US subsidiary T-Mobile US
Telekom logo in Bonn “Our business continues to grow,” said company boss Tim Höttges. (Photo: IMAGO/Marc John) Frankfurt Continued strong business from the US subsidiary T-Mobile and positive exchange rate…
RWE: Energy group increases profit significantly
Rhenish lignite mining area In view of the current energy crisis, RWE has been making good money in recent months. (Photo: dpa) Dusseldorf In the past nine months, the Essen-based…
Allianz again exceeds expectations – “Results show strength”, says CEO Bäte
Munich Allianz again exceeded analysts’ expectations in the third quarter. Europe’s largest insurer achieved an operating profit of 3.5 billion euros in the months from July to September. Allianz reported…
Markets insight: jump in price after profit warning
course board Handelsblatt editor Ulf Sommer explains why bad news on the stock exchange has largely fizzled out for weeks. Dusseldorf Slight minus signs were announced on Wednesday. After the…
China business and end of cooperation with Kanye West burden
Munich Kasper Rorsted leaves. With a further reduction in the forecasts and good wishes for his successor Björn Gulden, the Adidas boss said goodbye to the Dax company. Rorsted said…
Commerzbank profit collapses due to charges in Poland
Frankfurt The long-term crisis at the Polish subsidiary M-Bank ruined Commerzbank’s results in the third quarter. Profits fell by more than half to 195 million euros, as Germany’s second largest…
Break-ins in China and the end of the cooperation with Kanye West are a burden
Adidas store in Shanghai Currency-adjusted sales in the important market collapsed by 27 percent. (Photo: Bloomberg) Munich Before the change at the top of the group, the problems at Adidas,…
Lanxess cuts annual targets – setback for Adidas
VW major shareholder Porsche SE increases profit by a fifth The VW major shareholder Porsche SE posted consolidated earnings from January to September thanks to the higher profit from Volkswagen…
Polish subsidiary charged Commerzbank – profit halved
Frankfurt Write-downs at the Polish subsidiary mBank halved Commerzbank’s profit in the third quarter. Net profit fell by 52 percent to 195 million euros, as the second largest German financial…
Evonik raises forecast – Fraport still does not pay a dividend
Fraport back on course for growth – No dividend for 2022 The dynamic increase in demand for air travel has brought strong growth to the Frankfurt airport operator Fraport. This…
Booming freight business inspires Deutsche Post
Deutsche Post parcel service The Bonn group expects strong Christmas business. (Photo: dpa) Dusseldorf The Bonn-based Dax group had already announced that Deutsche Post DHL would increase its profit forecast…
Deutsche Post earns significantly more – Fraport continues to pay no dividends
Fraport back on course for growth – No dividend for 2022 The dynamic increase in demand for air travel has brought strong growth to the Frankfurt airport operator Fraport. This…
Liverpool FC: 4.7 billion profit! Is DAS behind the Liverpool sale? | Sports
US bosses ahead of 4.7 billion profit | Is DAS behind the Liverpool sale? Time for quick revenge? Jürgen Klopp (55) has his Champions League final again – this time…