article thumbnail

UK’s Halfords expects pricing efforts to drive profits

Global Banking & Finance

UK’s Halfords expects pricing efforts to drive profits By Sarah Young LONDON (Reuters) -Halfords forecast profit would rise 3% in its current financial year, saying its efforts to keep prices low should help it to retain customers squeezed by inflation that limits their power to spend on bikes and motoring.

article thumbnail

Building a Fun and Profitable Portfolio of B2B SaaS Companies with Kevin McArdle

How2Exit

rn Big Band Software focuses on acquiring profitable and growing B2B SaaS businesses. rn McArdle states, "The dream business is one that's big, growing, profitable, has the team. They also discuss the characteristics of Kevin's dream business and the factors that make a business attractive for acquisition.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sabadell doubles Q2 net profit, lifts guidance for 2023

Global Banking & Finance

Sabadell doubles Q2 net profit, lifts guidance for 2023 By Jesús Aguado MADRID (Reuters) -Higher margins helped Spain’s Sabadell double net profit in the second quarter, beating market expectations and prompting the bank to lift its guidance for overall lending income and profitability in 2023.

article thumbnail

EDF swings to profit thanks to price increases

Global Banking & Finance

EDF swings to profit thanks to price increases PARIS (Reuters) – French nuclear power giant EDF swung to profit in the first half of the year, rebounding from a record loss in 2022 thanks to higher electricity prices and nuclear reactor output. Net income was 5.8 billion euros ($6.44 billion), compared with a loss of […]

article thumbnail

Russia’s Gazprom Neft Q2 net profit falls 43% y/y

Global Banking & Finance

Russia’s Gazprom Neft Q2 net profit falls 43% y/y MOSCOW (Reuters) -Russian oil major Gazprom Neft said on Thursday its second-quarter net profit fell 43% from the same period last year to 140.1 Profits for global oil majors have dropped by about half from a bumper 2022, when […] billion roubles ($1.5

article thumbnail

Lloyd’s of London insurer Hiscox profit spikes on premium rise

Global Banking & Finance

Lloyd’s of London insurer Hiscox profit spikes on premium rise By Carolyn Cohn LONDON (Reuters) -Lloyd’s of London insurer Hiscox posted a sharp rise in pretax profit on rising premium rates, but its shares fell on Wednesday as analysts focused on a disappointing retail outlook.

article thumbnail

Swedbank profit exceeds forecast as real estate slump leaves scant mark

Global Banking & Finance

Swedbank profit exceeds forecast as real estate slump leaves scant mark By Niklas Pollard STOCKHOLM (Reuters) -Swedish banking group Swedbank reported a bigger-than-expected rise in net profit on Tuesday on the back of higher interest income, and said its credit quality was solid as loan impairments fell sequentially in the second quarter.