Richard Sengmany

Capri Holdings: staying the course on profits despite headwinds

Capri Holdings posted results above Wall Street estimates in the first quarter of its off-calendar fiscal 2026/2027 year, driven by a sharp improvement in profitability. However, the American luxury group cut its full-year revenue outlook due to supply chain delays and macroeconomic pressures across the EMEA region. Despite these sales headwinds, management is holding to its full-year earnings per share (EPS) target, supported by operating cost cuts and tight margin management.

August 05, 2026 at 10:33 am

Siemens Energy smashes its quarterly records

Siemens Energy (+0.17% at €151.12) is posting one of the strongest gains in the Dax in Frankfurt. The stock jumped 5% in early trading on Wednesday, lifted by a sharp acceleration in its business in the third quarter.

August 05, 2026 at 09:31 am

Europe hovers around break-even

European equity markets are trading very close to flat, supported by slight signs of easing in the Middle East. After posting a double all-time record the day before (8,669.69 points intraday and 8,666.63 points at the close), the CAC 40 hit a fresh record high at 8,694 points a few minutes after the open. Around noon, Paris's benchmark index is down 0.06% at 8,661.33 points, but could notch a fifth straight session of gains. The DAX also set an intraday record at 26,403.81 points. It is now up 0.03% at 26,209.69 points.

August 05, 2026 at 06:15 am

Aramco boosts profit and rewards shareholders in Q2

Aramco's revenue and other operating income in Q2 2026 totaled $139.14bn, a sharp increase from the $124.59bn recorded in Q1 2026 and from $108.57bn a year earlier.

August 04, 2026 at 06:22 am

Bp, a solid second quarter despite mixed outlook

bp (+1.47% at 560.25 pence) is posting one of the FTSE 100's biggest gains this Tuesday on the London Stock Exchange. The British oil group's shares are being buoyed by strong results for Q2 2026, despite disruption in the global energy market. Beating expectations, the figures were supported by higher hydrocarbon prices and solid refining margins.

August 04, 2026 at 05:27 am

Veolia modernizes water infrastructure in Cúcuta, Colombia

Veolia is reaching a major milestone in its Latin American expansion with the launch of a long-term project. The initiative aims to modernize drinking water and sanitation infrastructure, strengthen the resilience of essential services, and more broadly enhance environmental security for the 866,000 residents of Cúcuta, one of Colombia's leading cities. Building on more than 20 years of experience in waste management in Cúcuta, Veolia has been entrusted by the municipality with this new water mandate starting in July 2026.

July 30, 2026 at 09:43 am

ArcelorMittal lifted by the European market in Q2

ArcelorMittal (+1.42% at €58.62) ranks among the CAC 40's biggest gainers this Thursday, buoyed by broadly solid results in Q2 2026. Over the period, the steelmaker's revenue rose 8.4% year over year to reach $16.8bn, reflecting healthy commercial momentum.

July 30, 2026 at 09:32 am

Shell's adjusted profit more than doubled in the second quarter

Shell is up 0.80% at 3,350.75 pence on the London Stock Exchange, lifted by better-than-expected second-quarter results. Over the period, the oil major generated adjusted profit of $9.8bn, versus $4.2bn a year earlier. The increase reflects strong operational performance across its businesses, notably record upstream production in Brazil and record refinery utilization, despite disruptions linked to the conflict in the Middle East.

July 30, 2026 at 06:11 am

Soaring fuel prices weigh on Air France-KLM's second-quarter results

Air France-KLM's revenue in the second quarter of 2026 rose 9.9% year over year to €9.3bn, supported across all businesses. The geopolitical backdrop pushed fuel prices higher, with an €804m impact versus the prior year. Adjusted operating income of €484m fell by €251m year over year, with an operating margin of 5.2%.

July 30, 2026 at 02:50 am

Technip Energies recalibrates its 2026 margin targets by segment

Technip Energies' adjusted revenue for the first six months of fiscal 2026 rose 1% year on year to €2.764bn. Expected growth in LNG and decarbonization projects in the United States and Europe was largely offset by slower progress on projects in the Middle East due to logistical challenges, as well as currency movements, notably the euro's strengthening against the US dollar.

July 30, 2026 at 02:28 am

Eramet's EBITDA jumps 45% in the first half of 2026

Eramet's adjusted revenue in the first half came to €1.649bn, up 8% year on year (+14% at constant scope and exchange rates, with a currency impact of -6%). This increase was driven by a positive price effect (+9%) and a favorable volume effect (+5%), supported by growth in the manganese and lithium businesses. Adjusted EBITDA of €276m rose 45%, supported by higher lithium and manganese volumes, and by savings from the ReSolution program.

July 29, 2026 at 12:56 pm

Net profit doubled for Tikehau Capital in the first half

Tikehau Capital's net profit, Group share, reached €165m in the first half of 2026, double the level in the first half of 2025. Over the period, the asset manager posted 12-month growth of 13% in management fees and other income, reaching €190m. This increase was driven by a 7% year-on-year rise in fee-paying assets under management.

July 29, 2026 at 12:06 pm

Brookfield and NextEra land a $100bn technology hub project

A coalition of energy, infrastructure and utility companies (including Brookfield, NextEra Energy, Big Rivers Electric Power Corporation, Jackson Purchase Energy Cooperative and Paducah Power System) today announced a strategic partnership to develop a data center campus at the US Department of Energy (DOE) Paducah site in western Kentucky. The $100bn project, funded with private capital, will redevelop land at the former enrichment site into a hub for innovation and energy production.

July 29, 2026 at 11:12 am

Glencore jumps as trading strength eclipses a mixed mining first half

Glencore (+3.57% to 524.60 pence) is posting one of the FTSE 100's biggest gains on the London Stock Exchange. Despite mixed production volumes in the first half of 2026, the metals, minerals and oil trading and mining giant is reassuring the market. It is keeping the bulk of its full-year targets, backed by an expected rebound in the second half and an exceptional performance from its Marketing division.

July 29, 2026 at 09:24 am

Cyprus: TotalEnergies approves the Cronos gas project targeting the European market

TotalEnergies (50%) and Eni (50%, operator), partners in offshore Cyprus Block 6, have taken the final investment decision (FID) to develop the Cronos gas field, discovered in 2022 and successfully appraised in 2024. Located in deep water about 185 kilometers southwest of the Cypriot coast, Cronos will be developed using four subsea wells. The gas will be transported by subsea pipeline from Cypriot waters to Egypt, where it will be liquefied at the Damietta LNG terminal before being exported to Europe.

July 28, 2026 at 02:44 am

Air Liquide expects a slight acceleration in growth in the second half

Air Liquide's revenue came to €13.82bn in the first half of 2026, up 4.3% excluding currency and energy effects, including the acquisition of DIG Airgas. On a comparable basis, sales rose 2.6% year over year. Growth picked up in the second quarter to 5.2% excluding currency and energy effects, and to 3.5% on a comparable basis. The group's reported sales rose 0.8% in the first half of 2026. They benefited from favorable energy effects (+0.1%) and a significant scope effect (+1.7%), partly offset by a negative currency effect of 3.6%.

July 28, 2026 at 02:35 am

Lumibird: 9.7% organic growth in the first half

In the first half of 2026, Lumibird reported consolidated revenue of €114.7m, up 7.4% (+9.7% at constant exchange rates and scope). The Photonics division confirmed the acceleration of its growth momentum with revenue of €59.1m, up 15.3% (+17.4% at constant exchange rates and scope).

July 27, 2026 at 12:21 pm

SergeFerrari: revenue nearly stable in the first half

SergeFerrari's revenue in the second quarter of 2026 came to €96.7m, down 2.9% at current scope and exchange rates and down 2.8% at constant scope and exchange rates year over year.

July 27, 2026 at 12:04 pm

Baker Hughes: strong operating profitability and sharply higher cash flow in the second quarter

Baker Hughes shares (+6.71% at $61.09) are posting one of the Nasdaq's biggest gains this Monday, a day after the company reported second-quarter 2026 results that comfortably beat Wall Street expectations. The performance was driven by tight operational discipline and a strong cash position. Revenue for the period came in at $6.74bn. While that marks a 2% year-over-year decline, it topped the analyst consensus of $6.51bn.

July 27, 2026 at 11:33 am

Baker Hughes: operating performance up in the second quarter

Baker Hughes' second-quarter revenue came to $6.74bn, down 2% year over year. The decline in revenue is mainly explained by a smaller consolidated scope, following the divestitures of two divisions: Precision Sensors & Instrumentation (PSI) and Surface Pressure Control (SPC).

July 27, 2026 at 09:27 am

Bogart: revenue down 6.4% in the first half

Bogart posted revenue of nearly €115m in the first half of 2026 (-6.4% at current exchange rates), against a still challenging economic and geopolitical backdrop for consumer spending, and currency effects. Across its network, the luxury perfume and cosmetics retailer is continuing its strategic reorganization of its European stores to improve operational efficiency. The benefits of these actions will gradually flow through to the company's profitability.

July 24, 2026 at 12:18 pm