Swedish independent oil firm Lundin Energy raised its output forecast on Thursday and reported stronger than expected fourth-quarter earnings as Norway's largest oilfield Johan Sverdrup ramped up production.
Wartsila posted fourth-quarter earnings per share below market forecasts on Thursday, saying the COVID-19 pandemic continued to limit investments in both its marine and energy markets.
Brazilian card processor Cielo SA posted a fourth-quarter net income of 298.2 million reais ($55.68 million), it said on Tuesday. ($1 = 5.3552 reais) (Reporting by Gabriel Stargardter Editing by Chris Reese)
By Reuters Staff
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Jan 26 (Reuters) - Canadian National Railway Co on Tuesday reported a 17% rise in quarterly profit as improvement in consumer spending drove volume momentum.
Net income at the largest railroad operator in Canada rose to C$1.02 billion ($803.53 million), or C$1.43 per share, in the quarter ended Dec. 31, from C$873 million, or C$1.22 per share, a year earlier. ($1 = 1.2694 Canadian dollars) (Reporting by Shreyasee Raj in Bengaluru; Editing by Aditya Soni)
Fresnillo Plc forecast lower gold output for the current year than COVID-hit 2020 on Wednesday, mainly due to a land slip at its Noche Buena mine in Mexico.