09:40
Technology giant Samsung Electronics It also continues this Tuesday Net profit of 6.75 trillion won (about 4.91 billion US dollars) During the first quarter, it increased by 329.93% year-on-year thanks to a recovery in demand for semiconductors as well as sales of high-end phones.
09:30
During his term, Quinn led major strategic reviews Which led to a plan to significantly increase investment in the bank's Asian business. The 63-year-old British executive began his banking career at Midland Bank in 1987, before it was acquired by HSBC in 1992. He worked mainly in the commercial banking unit of HSBC Bank For most of his career, before he was hired by President Mark Tucker to replace Flint. The company says Quinn will remain in his position during the search for a successor to ensure a “smooth and orderly” transition.
09:20
Aside from the results, HSBC also announced… The resignation of its CEO, Noel Quinn, who leaves his position immediately. The bank's Board of Directors has begun a formal process to find a successor, considering internal and external candidates. at the moment The entity did not specify the reasons for Quinn's departure.
09:10
In the income statement that the group sent on Tuesday to the Hong Kong Stock Exchange where it is listed, HSBC's profits were higher than analysts' expectations, who expected a profit of about $12.6 billion (11,770 million euros). .
09:00
he HSBC Bankthe largest in Europe, recorded in the first quarter of 2024 a profit of $12,700 million (11,864 million euros), which represents a decrease of 1.8% compared to the same period of the previous exercise.
08:55
The company has highlighted this Strikes in Germany During the first quarter, which was constant, whether the group's employees or those working for its partners, they go have a negative impact on its results of approximately $350 million. In fact, airline performance declined by 2.5%, partly due to customer uncertainty due to strikes.
08:50
Lufthansa announces 5% growth in revenues, up to 7.392 million euros, of which 5.562 million euros to passenger airlines, representing an increase of 7% compared to the previous year. Revenues from maintenance, refurbishment and repair services, as well as other Lufthansa Técnica products, rose 15% to $1.77 billion, while revenues from its logistics business fell 16% to $691 million.
08:45
The Lufthansa Group, for its part, lost 734 million euros In the first quarter of the year, which represents an increase of 57% compared to the red figures of 467 million in the previous year, due to the impact of strikes in Germany.
08:40
By geographical region, Adidas recorded a decline in sales in North America (5%), Japan and South Korea (2%), while growth in Europe (15%), China (2%), emerging markets (6%) and Latin America. 3%). The listed German company reported this His business developed “better than expected” In the first quarter thanks to the original shoe push, with A.J Strong demand for Samba, Gazelle, Spezial and Campus thighs, but also for other new thighs such as the SL 72.
08:35
Adidas' sales rose 4% year-on-year during the first quarter, reaching €5,458 million, of which €3,239 million were in the thigh division, 7% more. On the other hand, The company reduced its revenues by 1% for sportswearIt amounts to 1.885 million euros, and 4% for accessories, amounting to 328 million euros.
08:27
Adidas also presented the results This Tuesday, the sports brand achieved 170 million euros during the first quarter of 2024, compared to a negative result of 39 million euros in the previous year, after increasing its income thanks to the high demand for its most famous thighs.
08:20
President of Santander Bank, Anna Putin, commented that the entity had a “very good start to the year”, with revenues growing by 10%, while costs remained unchanged compared to previous quarters. “In this quarter we are progressing in all workwith selling by pieces Earnings increase by more than 20% thanks to interest margin growth in Europe and the Americas, while CIB and Wealth fee income growth accelerates. We were also helped by the positive sensitivity to interest rate cuts in some companies, especially in… consumer,” It is to explain.
08:15
Results of the first quarter of Santander They herald a good year. In fact, the company announced that it is on track to meet its goals for this year, which is to increase revenue by about 5%. in addition to, The bank will pay a final dividend per share of 9.50 cents Carry forward to 2023, making the total dividend carried through 2023 at 17.60 euro cents, 50% more.
08:00
CaixaBank maintains arrearsAlthough it rose by a tenth in the first quarter: from 2.7% to 2.8%. However, the entity emphasizes that it “remains practically stable and below the sector average,” and, in addition, explains the increase because it applied “a more stringent criterion in classifying doubtful items within the prudential framework, thanks to strict and prudent credit risk.” Management.” The bank’s doubtful debts increased to 10,794 million.
07:45
CaixaBank started the year with an increase in credit grants, Especially for buying homes. In the first quarter of 2024, the bank headed by Gonzalo Gortázar granted real estate loans worth $2,790 million, a 24.1% increase compared to the same period in 2023, while consumer credit increased by 15%, reaching $3,029 million. CaixaBank highlighted that it increased credit to SMEs by 28%, reaching 43,000 transactions.
07:30
Santander It generated profits of €2,852 million in the first quarter, up 11%. Income grew 10%, reaching a record $15.38 billion, with interest margin up 18% as well as commission income up 6%, according to information sent to the CNMV by the bank headed by Anna Botin.
07:15
CaixaBank continues to break its own records: In the first quarter of this year, it received 1,005 million euros, an increase of 17.5%, as CNMV reported this morning. The entity headed by José Ignacio Goeregolzarri has highlighted that it has improved credit granting and customer resources. CaixaBank's interest margin increased by 27.4%, due to higher prices, and its gross profit margin increased by 12.7%.
07:00
Cementus Mullins The results were also presented this Monday. The multinational company generated 52 million euros between January and March of this year, which is 38% more than in the same period in 2023, when its profits reached 37 million. The Catalan Cement Company attributed the increase in profits to improved operating results and lower financial costs.
06:45
In the financial sector, there was another company that reported its results on Monday direct lineWhich achieved a net profit of 10.1 million euros in the first quarter of 2024. Thus, it left losses of 5.3 million euros in the same period last year thanks to the improvement in the insurance margin.
06:30
Santander is facing a positive first quarter, having also closed a record 2023. The bank headed by Anna Botin exceeded its profit of 11,000 million euros for the first time in its history, up 15% from the previous year. The entity's president, who still sees room for continued growth in revenues, profitability, efficiency and results, stressed that “if 2023 was good, 2024 will be better.” Although in Europe it will not grow at the same rate due to interest rate cuts expected in the second half of the year, Santander believes there will be tailwinds in Latin America.
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