ROUNDUP: Delivery Hero aims to multiply operating profit - share price flash in the pan

BERLIN - After jumping into the black, food delivery service Delivery Hero wants to multiply its operating profit in the current year. As recently, CEO Niklas Östberg is focusing on profit over growth, as he said in a surprising announcement on Monday. Accordingly, the Berlin-based company aims to generate between 725 and 775 million euros this year before interest, taxes, depreciation and amortization and special effects (adjusted EBITDA). This is more than analysts had previously expected. The news caused only brief relief on the stock market.

ROUNDUP: Unicredit wants to give record profit entirely to shareholders - share price jumps

MILAN - Following a surprisingly high record profit, the major Italian bank Unicredit wants to give all the money to its shareholders. This involves dividends and share buybacks totaling 8.6 billion euros, as the parent company of Germany's Hypovereinsbank announced in Milan on Monday. For 2024, the bank's CEO Andrea Orcel now expects an adjusted surplus of a similar amount. In the future, at least 90 percent of this result is to continue to flow to shareholders. On the stock market, the news was rewarded with a jump in the share price.

Caterpillar surprises with jump in profits

IRVING - The US construction equipment and commercial vehicle manufacturer Caterpillar benefited from higher demand from the energy and transportation industries in the fourth quarter. Thanks to higher prices and favorable currency effects, sales rose by three percent to 17.1 billion US dollars (15.85 billion euros) in the last quarter of the year, as the company announced on Monday in Irving (US state of Texas). Analysts had expected slightly higher earnings.

Gaza war slows McDonald's growth

CHICAGO - The fast food company McDonald's has felt the effects of the Gaza war in recent months. In the fourth quarter, sales grew by 3.4 percent on a comparable basis compared to the same period last year, as the company announced in Chicago on Monday. Analysts had expected more, even after Group CEO Chris Kempczinski had dampened expectations a few weeks ago with reference to the war in the region.

ROUNDUP: Nordea earns more and raises 2025 return target - investors disappointed

HELSINKI - The Scandinavian bank Nordea has raised its medium-term profitability target after a jump in profits last year. The bank announced in Helsinki on Monday that the return on equity should be more than 15 percent by 2025. Previously, the bank had targeted more than 13 percent. Investors in the EuroStoxx 50-listed bank were nevertheless disappointed on the stock market. Analysts attributed this mainly to last year's results.

IPO/ROUNDUP: Financial investor Triton makes new attempt for Renk-Borsengang

AUGSBURG - The financial investor Triton wants to bring the former Volkswagen subsidiary Renk Group to the stock exchange in a second attempt via a private placement. A total of up to 30 million shares in the manufacturer of special gearboxes for tanks, frigates and icebreakers are to be sold to institutional investors, the company announced in Augsburg on Monday. The offer price per share is 15 euros. The defense group KNDS and the asset management company Wellington Management Company LLP will acquire shares worth 100 million euros and 50 million euros respectively as anchor investors.

SFC exceeds annual targets thanks to strong final quarter - share price rises

BRUNNTHAL (dpa-AFX) - Fuel cell supplier SFC Energy performed better than expected last year. Thanks to an improved product mix and additional revenue in the final quarter, the annual forecast for 2023 was exceeded, the SDax company surprisingly announced on Monday in Brunnthal near Munich. The share price rose by over six percent.

TOTAL-ROUNDUP: Next strike at Lufthansa hits passengers harder

FRANKFURT - Lufthansa and its customers are facing the next wave of strikes with numerous flight cancellations and delays. This Wednesday (February 7), the trade union Verdi has called on the ground staff of several Lufthansa companies, including technical staff, to go on an all-day warning strike. The company wanted to work out a replacement flight plan on Monday and expects more than 100,000 passengers to be affected. Details should be published in the course of Monday.

^

Further news

-ROUNDUP: Samsung heir acquitted of allegations of share manipulation

-Germany: 10.5 percent of newly registered cars in January were pure e-cars

-High demand: Novo Nordisk expands filling capacity for appetite suppressants

-Power plant strategy: bosses of Uniper and 50Hertz satisfied

-More advertising: Do streaming services see the end of subscription growth?

-New problem with Boeing 737 Max not yet delivered

-Still fewer air passengers than before Corona

-Vodafone generates less revenue - but does better than expected

-AI pioneer Hochreiter challenges OpenAI with company

-Green light for demand for 'green steel' in ArcelorMittal plants

-Analysis: Rent growth in metropolitan areas is accelerating

-Countdown for Ford in Saarlouis

-Candy retailers Arko, Hussel and Eilles insolvent again

-Julius Baer Chairman: There was no pressure from Finma or shareholders

-Consumer advocates sue Deutsche Bahn over Bahncard rules

-French shipping giant avoids the Red Sea

-Buschmann reaffirms no to EU supply chain law

-Special ship for Rügen LNG terminal underway

-VAT reduction for gas could only expire at the end of March after all

-ROUNDUP: Pilots at Lufthansa subsidiary Discover continue to strike

-Lufthansa expects Verdi warning strike to have a major impact

-ROUNDUP/Legalization of cannabis: Parents worry about their children

-ROUNDUP 2: Fighting SUVs in Paris - Parking fees to be tripled

-SoftwareOne founding shareholders support financial investor Bain in takeover plan

-Car buyers can hope for increasing discounts

-Criticism of rail savings plans due to budget crisis

-Holcim boss sees era of global corporations coming to an end

-Ceconomy holds on to its stake in Fnac Darty

-ROUNDUP: IT service provider Yandex sells Russian business to investor group

-IPO/'FT': Galderma could still be listed on the Swiss stock exchange in the first half of the year

-IHK President: VW to decide on battery factory in Emden

-VW removes choice between days off and wage supplement

-SoftwareOne founding shareholders support financial investor Bain in takeover plan

-Paris raises parking tariff for heavy cars - German response divided

-ROUNDUP 2: Significantly more complaints from passengers against airlines

-Unions demand significantly more money for Postbank employees

-'Too little': Dortmund trial needs more time°

Customer tip:

ROUNDUP: You are reading a summary in the company overview. There are several reports on this topic on the dpa-AFX news service.

/jha