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Business

Santander Reports a Strong Q1 in 2025 with a 1% Revenue Increase to €15.5B and 19% Profit Surge

Banco Santander announces a 1% increase in Q1 2025 revenue to €15.5 billion, with profits up 19% to €3.4 billion, driven by new customers and cost savings. The bank reaffirms its 2...

Business

UBS Surpasses Expectations with a Staggering $1.7 Billion Q1 Net Profit

UBS Group AG reported a net profit of $1.7 billion for Q1 2025, surpassing analyst expectations despite a slight quarterly decline. The bank's operational strength and client-focus...

Business

ArcelorMittal Faces 9% Sales Drop in Q1 2025 Amid Global Steel Demand Slump

ArcelorMittal's Q1 2025 sales dropped to $14.8 billion, a 9% decline year-on-year, due to weaker steel prices and global demand. Net income and EBITDA also saw significant decrease...

Business

Volkswagen Surpasses Expectations with a 2.8% Increase in Q1 Sales Revenue Amidst Market Challenges

Volkswagen Group reports a 2.8% revenue increase to €77.6B in Q1 2025, despite a 36.9% plunge in operating profit. Vehicle sales rose slightly, but production fell. The company eye...

Business

Barclays Surges Ahead with an 11% Income Jump to £7.7 Billion in Q1 2025

Barclays PLC announced an 11% rise in Q1 2025 income to £7.7 billion, with profits before and after tax growing by 19% and 16% respectively. The bank's strong performance is attrib...

Business

Stellantis Faces 14% Revenue Drop in Q1 2025 Amidst Global Tariff Uncertainties

Stellantis reports a 14% revenue drop in Q1 2025 to €35.8 billion, attributed to lower shipment volumes and tariff uncertainties. The company is adjusting production plans and sees...

Business

TotalEnergies Faces a Challenging Quarter: Net Income Plummets by 33% to $3.8B

TotalEnergies SE reports a 33% drop in net income to $3.85 billion in Q1 2025, with adjusted figures and EBITDA also declining. Cash flow and earnings per share show significant de...

Business

GSK Reports a 2% Increase in Q1 Sales to £7.5 Billion, Highlighting Strong Portfolio Resilience

GSK plc announced a 2% increase in Q1 2023 sales to £6.95 billion, with significant growth in earnings per share and operating profit. CEO Emma Walmsley highlighted the strength of...