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Uniper swings to quarterly profit, maintains 2023 guidance

FRANKFURT (Reuters) -German state-owned utility Uniper reported a first quarter net profit of 6.7 billion euros ($7.43 billion) on Thursday after releasing significant provisions it previously made in the wake of Moscow's move to stop gas supplies. | 03:45am

Volkswagen revenue jumps on growth in Europe, North America

BERLIN (Reuters) - Volkswagen reported a rise in revenue of 22% to 76 billion euros ($84.22 billion) but saw a drop in operating profit to 5.7 billion.

Rheinmetall misses Q1 operating earnings expectations

(Reuters) -Rheinmetall reported a bigger-than-expected decline first-quarter operating earnings on Thursday, which the German defence contractor attributed to negative earnings contributions from its Chinese joint venture and inflation-compensation payments to staff. | 02:49am

BMW cars segment sees earnings boost on higher pricing, EV sales

BMW reported on Thursday an earnings margin of 12.1% in the first quarter of 2023 for its cars segment, up from 8.9% a year earlier, confirming its outlook for 2023 but warning of ongoing high. | May 4, 2023

Infineon raises full-year guidance | MarketScreener

BERLIN -German chipmaker Infineon raised its full-year guidance on Thursday, citing strong demand from the electromobility, renewable energy generation and energy infrastructure sectors.. | May 4, 2023

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