Carlsberg Q2 sales below expectations as higher costs drag

A logo of Carlsberg beer is seen on the entrance of a pub in Brussels, Belgium March 10, 2016. REUTERS/Yves Herman/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register COPENHAGEN, Aug 17 (Reuters) – Danish brewer Carlsberg (CARLb.CO) on Wednesday reported second-quarter revenue below expectations as earnings were hit by higher commodity … Read more

Pandora shares fell on disappointing US sales

Pandora signage is seen at their store at the Woodbury Common Premium Outlets in Central Valley, New York, US, February 15, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register Shares down 7.3% Q2 sales in line with expectations US sales disappoint CEO: Inflation has not impacted jewelery sales Pandora postpones revamp … Read more

SAS bridge financing keeps survival hopes airborne, shares climb

SAS Link’s Embraer E195 aircraft lands at Kastrup Airport, as pilots of Scandinavian Airlines go on strike, in Kastrup, Denmark July 4, 2022. TT News Agency/Johan Nilsson via REUTERS Register now for FREE unlimited access to Reuters.com Register STOCKHOLM, Aug 15 (Reuters) – Scandinavian airline SAS (SAS.ST) kept its bid for survival aloft at the … Read more

SAS secures $700 million financing to aid restructuring

Aug 13 (Reuters) – Scandinavian airline SAS (SAS.ST) said on Saturday it entered into an agreement with Apollo Global Management (APO.N) to raise $700 million of fresh financing it needs to see it through bankruptcy. The airline filed for bankruptcy protection in the United States in early July to help cut debt after the collapse … Read more

Maersk sees weaker container demand as durable goods sales dry up

Shipping containers are transported on a Maersk Line vessel through the Suez Canal in Ismailia, Egypt July 7, 2021. Picture taken July 7, 2021. REUTERS/Amr Abdallah Dalsh/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register Consumer confidence, port congestion weigh on container demand Number of loaded containers falls by 7.4% in Q2 … Read more

Maersk’s cash machine is economic storm warning

The cargo ship “Maersk Bratan” of Danish shipping company Maersk is loaded at a container terminal at the harbor in Hamburg, Germany, June 24, 2022. REUTERS/Fabian Bimmer Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 2 (Reuters Breakingviews) – Shipping giants are sending out an unlikely warning signal about the global economy. … Read more

Denmark cuts profit outlook due to challenging financial market conditions

Danske Bank signs are seen on the bank’s headquarters in Copenhagen, Denmark October 22, 2019. REUTERS/Jacob Gronholt-Pedersen Register now for FREE unlimited access to Reuters.com Register July 10 (Reuters) – Danske Bank (DANSKE.CO) on Sunday reduced its full -year net profit outlook, hurt by rapidly rising interest rates and unfavorable financial market conditions. Danske revised … Read more