Profit

Economy & Business

BUSINESS

Lower profits for Spain's telecom giant Telefonica in Q1

The Nomad Today/dpa 5/12/22

At the end of the first quarter, net financial debt moved down by 23.3% to €27.453 billion on a year-on-year basis

Economy & Business

BUSINESS

Nokia first quarter profits down, net sales rise

The Nomad Today 4/28/22

The company reported a 17% decline in profits, to €219 million ($231.9 million), compared to €263 million in the same quarter a year ago

Economy & Business

BANKING SECTOR

CaixaBank posts a recurring profit of 2,36 billion euros in 2021

The Nomad Today 1/28/22

The bank announced that it will pay more than € 1.1 billion in dividends to shareholders in the coming months

Economy & Business

CAR INDUSTRY

Hyundai nearly triples profit in 2021 despite tough fourth quarter

The Nomad Today/dpa 1/25/22

The South Korean carmaker aims to achieve a 10-per-cent share of the global market for battery-powered electric vehicles by 2025

Economy & Business

FINANCE

Spain's Banco Santander reports nine-month profit

The Nomad Today 10/27/21

For the nine months, the group's total income grew 3% to 34.6 billion euros

Economy & Business

BUSINESS

Nokia announces quarterly profit rise and improved annual outlook

The Nomad Today/dpa 7/29/21

Net sales for the second quarter rose to 5.31 billion euros from 5.09 billion euros last year

Finland

BUSINESS

Finnish banks operating profit increased 0.6 billion

The Nomad Today 7/1/21

In the first quarter, banks had 1.4 billion euros in administrative expenses, of which wages and salaries accounted for 0.8 billion

Economy & Business

BUSINESS

Nokia turns to profit in Q1; backs 2021 and 2023 outlook

The Nomad Today/dpa 4/29/21

Net sales for the quarter grew to 5.08 billion euros.

Economy & Business

BUSINESS

Nokia's third quarter net profit more than doubled

The Nomad Today 10/31/20

Net sales in the period stood at 5.3 billion euros, down 7% year on year.

Economy & Business

TECH GIANT

Sweden's Ericsson returned to profit in third quarter

The Nomad Today/dpa 10/21/20

Over 80% of Ericsson's almost 100,000 employees still working from home due to the coronavirus pandemic.

Finland

FINANCE

Finnish banks operating profit declined despite rising net income

The Nomad Today 10/16/20

Operating profit fell by 18.2% to 504 million euros in the second quarter of 2020.

Economy & Business

Toyota expects 64% fall in annual net profit amid pandemic

The Nomad Today 8/6/20

The best-selling car brand in Finland saw sales down by 40.4%.

Economy & Business

HSBC profit plunges by 69% in first half of 2020

The Nomad Today 8/3/20

The bank is moving ahead with plans to reduce its workforce from 235,000 to about 200,000 in the coming 3 years.

Finland

Finnish banks earned 1.6 billion euros in the last quarter of 2019

The Nomad Today 4/16/20

Banks’ administrative expenses amounted to 1.4 billion euros. The share of wages and salaries in administrative expenses was 53.7% or around 768 million euros.

Finland

Finnish banks earned 616 million euros in the second quarter 2019

The Nomad Today 10/11/19

Cooperative banks belonging to OP Financial Group had the biggest share of equity in the balance sheet, around 12.2%.

Finland

Finnish banks record 1.3 billion in profits due to increased interest and commission income

The Nomad Today 6/27/19

Wages and salaries made up 843 million euros or 50.7 per cent of the administrative expenses.