Communications services provider BT Group Plc reported higher profit in its third quarter, despite weak sales, as all segments posted a decline except BT Consumer. Futher, the company backed its outlook for revenue and EBITDA, a key earnings metric. Separately, BT said it has reached agreement with the Trustee of the BT Pension Scheme or BTPS on the 2014 triennial funding valuation and recovery pl
India-focused miner Vedanta Resources Plc. (VED.L) Friday reported a small rise in revenue for the third quarter, but Earnings Before Interest, Tax, Depreciation and Amortization or EBITDA declined from the prior year, with a sharp decline in the Oil & gas business.
European oil giant Royal Dutch Shell Plc. (RDS-B, RDSB.L, RDSA.L, RDS-A) Thursday said profit for the fourth quarter declined 57 percent from last year, amid lower revenues against the backdrop of a sharp decline in oil prices.
Fiat Chrysler Automobiles NV reported Wednesday a profit for the fourth quarter that plunged from last year, which included hefty gains from divestiture. However, quarterly net revenues grew 13 percent, and worldwide shipments increased 4 percent from last year. The company also provided earnings and revenue forecast for the full-year 2015.
Shares of Antofagasta Plc declined around 3 percent in the morning trading in London after the mining company reported Wednesday lower production of copper and gold in fiscal 2014, primarily due to lower grades at Los Pelambres and Centinela.
Diversified miner Anglo American Plc. (AAUKY.PK, AAL.L) Wednesday reported increased production of iron ore at Kumba in the fourth quarter, adding that it expects to record charges for the full year owing to lower commodity prices.