logo
Telia's Q2 core earnings beat expectations

Telia's Q2 core earnings beat expectations

Reuters18-07-2025
July 18 (Reuters) - Swedish telecom operator Telia (TELIA.ST), opens new tab reported second-quarter core earnings above market expectations on Friday, aided by capital gains from the sale of assets in Denmark.
In a separate statement, Telia said it would offer to buy Swedish broadband provider Bredband2, after announcing the previous day it would divest its Latvian operations.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Infineon slightly raises outlook for operating profitability after strong Q3
Infineon slightly raises outlook for operating profitability after strong Q3

Reuters

time14 minutes ago

  • Reuters

Infineon slightly raises outlook for operating profitability after strong Q3

BERLIN, Aug 5 (Reuters) - German chipmaker Infineon's ( opens new tab slightly raised its full-year guidance for its segment result margin on Tuesday after its quarterly figure beat a company-provided forecast. Infineon reported a segment result margin - management's preferred measure of operating profitability - of 18% for its fiscal third quarter from April to June, beating the forecast for 15.8%. Infineon slightly raised its full-year guidance to high-teens percentage gain in its segment result, which is adjusted for special items, up from the mid-teens range it previously projected.

Eutelsat reports better-than-expected full year earnings
Eutelsat reports better-than-expected full year earnings

Reuters

time14 minutes ago

  • Reuters

Eutelsat reports better-than-expected full year earnings

Aug 5 (Reuters) - French satellite operator Eutelsat ( opens new tab reported better-than-expected annual earnings on Tuesday, driven by growing interest in its satellite internet services from government and corporate customers. Eutelsat gained the spotlight this year as European governments sought home-grown solutions for satellite services, aiming to reduce their reliance on U.S. providers. Revenues from video, connectivity and government services reached 1.24 billion euros ($1.43 billion) in the year ended June 30, up 0.8% from a year earlier. Financial analysts had expected those revenues to total 1.21 billion euros, according to a consensus poll provided by Eutelsat. The Paris-based group hopes to offset declining income from its video business by gaining a foothold in the satellite internet market, where SpaceX's Starlink dominates. Eutelsat said revenues from its low Earth orbit (LEO) satellites rose 84.1% yearly to 187 million euros. Higher revenues for government services reflected services delivered in Ukraine and increased demand from other non-U.S. governments, the company said. Eutelsat expects LEO revenues to grow by 50% next year, saying it will compensate, but not yet outweigh the decline in its legacy business, which are impacted by additional Russian sanctions. ($1 = 0.8643 euros)

Aurubis beats profit expectations despite earnings dip
Aurubis beats profit expectations despite earnings dip

Reuters

time14 minutes ago

  • Reuters

Aurubis beats profit expectations despite earnings dip

Aug 5 (Reuters) - Aurubis ( opens new tab on Tuesday reported core profit for the first nine months of its 2024-2025 financial year which beat market expectations, helped by higher contributions from sulfuric acid, copper products and precious metals. Europe's largest copper producer said operating earnings before tax (EBT) fell to 286 million euros ($330.44 million) in the first nine months of its financial year, from 333 million euros a year earlier. That beat analysts' expectations of 281 million euros in a company-provided poll. Aurubis said it expected the contributions from sulfuric acid, copper products and metals to continue for the rest of the financial year, but that it also expected a continued tight supply of copper concentrates and recycling materials. The Hamburg-based company narrowed its forecast for the 2024-2025 financial year and now expects operating EBT between 330 million euros and 370 million euros from a previous range of 300 million euros to 400 million euros. Aurubis said in a statement it expected the result would likely come in at the middle of the range. Aurubis also narrowed its guidance for operating return on capital employed, a metric for analysing profitability, to between 8% and 10% from between 7% and 11% previously. ($1 = 0.8655 euros)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store