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.