Keywords: Financial results
Gold producer Barrick Mining reported stronger-than-expected first-quarter earnings, driven mainly by a sharp rise in gold prices, even as production volumes declined compared to the previous year. The company benefited from a significant increase in global gold prices, which reached record levels during......
Emirates Group announced record revenue results for the 2025/26 financial year, reflecting continued growth in the global aviation sector and strong demand for international travel. According to the company, group revenue reached 150.5 billion UAE dirhams, equivalent to nearly 41 billion U.S. dollars.......
Italian fashion house Armani reported a modest decline in revenue in 2025, reflecting what executives described as a difficult year for the global luxury sector. According to company figures, revenue fell by 2.8% to approximately €2.19 billion, while total turnover—including licensed activities—reached......
Russia’s VTB, one of the country’s largest banking institutions, has reported a decline in its first-quarter profit compared to the same period last year, reflecting ongoing economic pressures. The bank indicated that its earnings fell modestly on a year-on-year basis, highlighting the challenges......
The Bank of New York Mellon (BNY) reported an increase in first-quarter profit on Thursday, supported by strong fee income and higher interest revenues, according to its latest financial statement. As the world’s largest custodian bank, BNY benefits significantly from managing and safeguarding......
Portugal’s flagship airline, TAP Air Portugal, reported a 92% drop in its 2025 net profit due to a one-off fourth-quarter accounting charge, despite higher revenues from increased passenger numbers and improved operating margins. The airline’s net profit fell to €4.1 million ($4.78 million)......
Moroccan steel producer Sonasid reported a strong financial performance for 2025, marked by solid revenue growth and a sharp increase in profitability, supported by the continued momentum of the national construction sector. The company recorded a 16% rise in revenue, reaching over 6.2 billion dirhams......
Kenya Airways has reported a pre-tax loss of approximately $138 million for the year 2025, marking a significant downturn after returning to profitability the previous year. The airline indicated that declining revenues played a major role in the negative results. Total income dropped notably compared......
Dutch brewing giant Heineken has announced plans to eliminate between 5,000 and 6,000 jobs over the next two years as part of a large-scale cost-cutting and productivity drive. The company said the decision comes amid challenging market conditions and declining beer sales. In a statement, Heineken said......
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