From SPACs to COVID-19 to Mario Draghi, here’s the highlights of what international corporate leaders have been discussing on earnings calls MarketWatch 2/17/2021 © kazuhiro nogi/Agence France-Presse/Getty Images
As much as U.S. companies have suffered from the pandemic, their global competition has struggled even more.
Popular Searches
Fourth-quarter earnings per share for S&P 500 companies are on pace to rise 2.3%, while those for Europe, Australasia and Middle East (EAFE) are projected to slide 12.7%, according to data compiled by Credit Suisse using both actual company reports as well as analyst estimates. Revenue is forecast to edge up 0.7% in the U.S., compared with a 5.4% downturn in the EAFE regions.
Here s the best of what international corporate leaders have been discussing on earnings calls
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
15 February 2021 By db staff
When he presented half year results last week, Alexandre Ricard was keen to say that Pernod Ricard expects organic sales growth to turn positive in the full year which ends in June.
He predicted that progress in the second half would “more than offset” the 3.9% decline in the first six months of the company’s financial year. The trend is upwards. If travel retail is excluded, organic sales in the six months to December rose 1% compared with 2019, the most recent half year unaffected by coronavirus.
But travel retail slumped by 57% in the half year to Christmas, hence the 2.4% first half decline in organic profits.
Diageo investment through SBL to implement SDGs paying off
02
Diageo investment through SBL to implement SDGs paying off
GLOBAL alcoholic manufacturer, Diageo through its local subsidiary, Serengeti Breweries Limited is investing heavily in community services and human capital development as part of efforts to help Tanzania implement the UN’s sustainable development goals (SDGs).
Some of the students who are beneficiaries of Serengeti Breweries Limited’s ‘Kilimo-Viwanda’ scholarship undergoing training at Iringa based Saint Maria Goretti College of Agriculture. Photo: Guardian Correspondent.
In 2015, United Nations member states made a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030. They created a sustainable development plan consisting of 17 urgent development goals (2030 Sustainable Development Goals (SDGs) in partnership with the global community.
US spirits buying boosts drinks companies 1st February, 2021 by db staff
God Bless America, Land That I Love. That is surely the song drinks company chief executives would take to their desert island after buoyant consumption in the United States enabled them to produce startling results for the final months of 2020.
Diageo, Rémy Cointreau and LVMH all issued figures last week that both surprised and cheered investors. And all made much of dynamic trading in the past few months despite bars and restaurants being locked down in the face of coronavirus.
As reported by
the drinks business, sales through restaurants in the US fell by 44% last year. But Uncle Sam’s consumption is heavily slewed to the ‘off’ sector, which accounts for 80% of sales. That more than made up the on-trade deficit with an 18% rise.
vimarsana © 2020. All Rights Reserved.