Hoogovens doesn't expect profits to increase in 1998

Article Abstract:

Koninklijke Hoogovens NV of the Netherlands is expecting its net earnings to remain unchanged at an estimated $263.2 million for 1998. The profit warning is attributed to the worsening economies of Russia and countries in Latin America, as well as the force of the crisis in Asia. The steel maker earlier said potential difficulties in Asia are causing uncertainties in North American and European markets, with the risk anticipated to materialize in the second half. Hoogovens is the Netherlands' fourth blue-chip firm that issued a profit warning.

Comment:

Is expecting its net earnings to remain unchanged at an estimated $263.2 million for 1998

Iron and Steel Mills, Blast Furnaces & Steel Mills, Koninklijke Hoogovens NV

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ING per-share net is seen increasing 30% to 35% in 1998

Article Abstract:

ING Groep NV's earnings per share are seen increasing between 30% and 35% in 1998, according to former Chairman Aad Jacobs. ING, a Dutch banking-to-insurance company, recorded an 86% increase in net profit for the first quarter of 1998 to 1.94 billion guilders ($947.1 million) from 1.04 billion guilders in the same period in 1997. Meanwhile, Godfried van der Klucht, Jacobs' successor as chairman, would position ING as a leading service provider and boost the company's corporate and investment banking operations.

Comment:

Its earnings per share are seen increasing between 30% and 35% in 1998, says former Chairman Aad Jacobs

Commercial Banks, Commercial Banking, ING Groep N.V.

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Company's net tumbles 24%, but divestments are on track

Article Abstract:

Numico N.V. posted a fall of 24% in net profits for the 2003 first quarter. The company posted 16 million euros in net profits for the period. However, Numico's said it is on track to finish its divestments before July 2003.

Finance, Company sales and earnings, Dietary supplements industry, Company earnings/profit, Numico N.V.

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