Profits
Spotify shares surge on subscriber gains, first annual profit
Micheal
CEO Daniel Ek has been pushing Spotify to expand beyond its dominant position in music streaming, adding audiobooks, podcasts and ...
Deutsche Bank reports steep profit drop after splashing $1.7 billion on Postbank legal costs
Micheal
Germany’s biggest lender was hit by legal costs related to a troubled takeover, resulting in weak earnings. Read More
Swatch profit plunges almost 75%, hit by weakness in China
Micheal
“The problem are our prestige brands, they performed worse than competitors, whereas our entry and mid-range products did well,” CEO ...
Ryanair reports strong profits amid higher passenger numbers and ticket prices
Micheal
Profit after tax stood at €149 million ($156 million) in the three months to the end of December compared with ...
T-Mobile’s CEO shares the management shift that vaulted the company from a $6B to $195B telecom giant
Micheal
T-Mobile CEO Mike Sievert attributed the telecom giant’s growth from a $6 billion to $195 billion company to a mindset ...
Iconic Brompton bike maker suffers 99% profit decline amid post-Covid bike industry turmoil
Micheal
Profits fell to just £4,600 last year as the foldable bike brand fought copycat competitors and falling demand. Read More
