Sugar group Tereos posts higher earnings, debt stable
PARIS (Reuters) -French sugar and ethanol group Tereos on Wednesday reported a jump in third-quarter core earnings as high prices helped offset a poor harvest in Brazil.
PARIS (Reuters) -French sugar and ethanol group Tereos on Wednesday reported a jump in third-quarter core earnings as high prices helped offset a poor harvest in Brazil.
PARIS (Reuters) -French sugar and ethanol group Tereos said its third-quarter adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) rose 65% at constant exchanges rates to 223 million euros ($254.49 million) on higher volumes and prices.
Smurfit Kappa expects to increase prices further this year to recover high costs after a mix of price hikes and bumper demand delivered record earnings amid "significant and unprecedented cost inflation" in 2021.
Dutch bank ABN Amro said on Wednesday it will buy 500 million euros ($571 million) of its own shares, as it reported higher-than-expected net profit of 552 million euros for the fourth quarter, helped by economic recovery and the sale of its head office.
Tesla Inc said on Wednesday the California Department of Fair Employment and Housing (DFEH) intends to file a lawsuit against the company alleging systematic racial discrimination and harassment.
(Reuters) -Tesla Inc said on Wednesday the California Department of Fair Employment and Housing (DFEH) intends to file a lawsuit against the company alleging systematic racial discrimination and harassment.
Credit Suisse Vice Chair Severin Schwan faces opposition to his re-election to the board of the embattled Swiss lender, The Financial Times reported on Wednesday.