ABB has first-quarter decline on slowdown in world-wide orders
Article Abstract:
ABB reported a 2% drop in its earnings for the 2001 first-quarter as a result of a slowdown in orders worldwide. The company posted $201 million (224 million euros) in earnings for the period.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Air France posts an 11% in full-year profit
Article Abstract:
Air France posted an 11% decline in its income for the 1998 year. The carrier was hurt by a pilot's strike and by a slowdown in the freight industry. However, Air France did move forward on its three-year cost reduction strategy. Jean-Cyril Spinetta, the carrier's chief executive officer, predicted that Air France would see a major financial improvement for the 1999 fiscal year. Air France posted 1.6 billion French francs (243.9 million euros) after taxes for the year ending on March 31, 1999.
Comment:
Posts 11% decline in its income for the 1998 year
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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Sanofi-Synthelabo's net rises by 21%
Article Abstract:
Sanofi-Synthelabo SA reported a 21% increase in first-half net income even though it had to deal with completing its most intense phase of integration during its first six months as a merged company. Still, the outlook for the company looks less optimistic as its biggest shareholder, Elf Aquitane SA, revealed plans to cut its holding to 19.8% from the current 35.3%.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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