Ray-Ban maker EssilorLuxottica sees Americas sales growth slow

Ray-Ban sunglasses are pictured for sale in a Sunglass Hut, both brands owned by EssilorLuxottica SA, in Manhattan, New York City, US, November 30, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register H1 operating margin up 100 basis points to 18.4% Comparable revenue up 7% to 6.39 bln euros Sales growth … Read more

Voucher firm Edenred upbeat as companies boost staff benefits

Sees 2022 EBITDA up an underlying 14-21% Previous guidance was for an increase of over 10% Shares up more than 3% July 26 (Reuters) – French voucher provider Edenred (EDEN.PA) raised its full-year core profit forecast on Tuesday as staff shortages and rising inflation push employers to spend more on benefits for workers. The company, … Read more

Weber replaces CEO, warns of layoffs as inflation bites into business

CEO Chris Scherzinger rings a ceremonial bell on the trading floor at the New York Stock Exchange (NYSE) during the Weber Inc. initial public offering (IPO) in Manhattan, New York City, US August 5, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register July 25 (Reuters) – Weber Inc (WEBR.N) on Monday … Read more

Flow Traders’ ‘black-box’ business weighs on results, shares

Launches new share buyback program of up to 25 million euros Expect fixed operating expenses to grow by about 25% this year Guidance reflects some higher base salaries, strong US dollar Adjusts profit-sharing percentage to 32.5% of operating result July 22 (Reuters) – Shares in Flow Traders (FLOW.AS) tumbled on Friday after the Dutch trading … Read more

Beazley reports profit plunge, raises outlook on booming cyber business

Beazley logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register LONDON, July 22 (Reuters) – Lloyd’s of London insurer Beazley (BEZG.L) on Friday reported first-half profits fell on hits to its investment portfolio from market volatility, but raised its full-year profitability guidance … Read more

SGS sticks to outlook as H1 sales rise in “challenging” market

ZURICH, July 19 (Reuters) – Testing and inspection company SGS (SGSN.S) stuck to its 2022 outlook on Tuesday while reporting higher first-half sales and a modest increase in net profit. It still saw mid-single digit organic growth this year with an improved adjusted operating income, it said in a statement. It said it would accelerate … Read more

EXCLUSIVE HSBC set to push back against Ping An breakup proposal -sources

A logo of HSBC is seen on its headquarters at the financial Central district in Hong Kong, China August 4, 2020. REUTERS/Tyrone Siu Register now for FREE unlimited access to Reuters.com Register HSBC speeding up disposal of non-core markets, assets Bank to renew commitment to deploy more capital to Asia Lender due to report results … Read more