During Thursday, Stora Enso released its quarterly report, which shows that the operating profit falls by a dramatic 85 percent. At the same time, turnover falls by 24 percent in the fourth quarter. The operational ebit margin shrinks to 2.3 percent from the previous 12.4 percent. The board proposes a lower dividend than expected, EUR … Read more
Commerzbank will open its books next week and report on the past quarter. This has already happened today at the Polish subsidiary mBank, which has long been suffering from high provisions for Swiss franc loans. The CEO is skeptical about further developments. mBank’s sales increased significantly over the last nine months: they rose by 17 … Read more
– We delivered another strong quarter with NOK 9.6 billion in operating income and NOK 1.0 billion in operating profit. The order reserve has increased to NOK 68.1 billion and we continue to underpin further growth. We see significant opportunities ahead, which makes us confident that the order backlog will grow further, says CEO Geir … Read more