Adidas said on
Wednesday that inventory levels continued to decline in the
third quarter as the German firm curbed its selling into
wholesalers, while lower costs helped increase its gross margin. .
German logistics company DHL Group on Wednesday posted a 32% drop in its third-quarter operating profit and narrowed its full-year and medium-term profit forecasts as falling e-commerce demand.
DHL Group Q3 operating profit falls 32% marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
FRANKFURT (Reuters) -Germany's Commerzbank said on Wednesday that net profit more than tripled in the third quarter, better than expected and helped by higher interest rates, as it presented a strategy update. Analysts had on average expected profit of 611 million euros, according to a consensus forecast published by Commerzbank. Like many banks, Commerzbank is benefiting from a rise in interest rates and the income that generates.
Adidas said on Wednesday that inventory levels continued to improve strongly in the third quarter, as the German firm s conservative sell-in strategy was paying off..