Business figures: Cisco raises revenue forecast
CTS Eventim Sticks with Cautious Outlook +++ Foxconn Expects Further Growth +++ Mobile Subsidiary 1&1 Acts as Growth Brake for United Internet +++ The Newsblog.
Nissan's operating profit plummeted 96 percent to 2.1 billion Yen in the second quarter due to higher raw material and component costs, weak sales in China, and the loss of a relief from lower emission costs in the US. Despite this, the company maintains its full-year operating profit forecast of 200 billion Yen, citing a strong market in Japan and North America.
Meanwhile, SFC Energy's profit surged in the first nine months, driven by a large order from Ukraine, with its revenue rising 29 percent to 133 million Euros and its adjusted EBITDA tripling to nearly 34 million Euros. The company has raised its full-year forecast, now expecting an adjusted EBITDA of 36-38 million Euros.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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- +++ Business figures +++: Sixt raises its forecast handelsblatt.com
