By Linda Pasquini (Reuters) -German sportswear maker Puma on Wednesday gave a forecast for 2023 profit with a midpoint below last year’s number, expecting some impact from currency effects and higher freight and raw material costs. Rising materials and freight costs along with a stronger U.S. dollar, inventory markdowns and higher promotion expenses have pressured…
AMSTERDAM (Reuters) -Just Eat Takeaway.com, Europe’s largest meals delivery company, swung to a small 2022 core profit on Wednesday and said it was targeting 225 million euros of core profit this year. “This guidance includes additional investments… as well as wage costs inflation and takes into account an uncertain macro-economic environment,” the company said, noting…
BARCELONA, Mar 1 (Reuters) -Europe’s largest mobile phone tower operator Cellnex on Wednesday reported a net loss of 297 million euros ($314.49 million) for 2022, lower than in the prior year, while it achieved its forecast as core earnings grew 37% to 2.6 billion euros. Cellnex attributed the loss to the impact of amortisations and…
TAIPEI (Reuters) -Taiwanese Apple Inc supplier Foxlink said on Wednesday it is working hard to resume production following a fire at a plant in southern India that halted operations at the maker of iPhone charging cables, sending its stock price down. The factory is located in the Chittoor district of India’s Andhra Pradesh state and…
