Oilfield service company Schlumberger reported a third-quarter net profit growth of 18% year-on-year to $644 million. Earnings per share amounted to 46 cents, while experts had expected it to be 43 cents. Revenues amounted to 8 billion 504 million dollars, having increased over the year by 8% and being below forecasts of 8 billion 580 million dollars. In quarterly terms, revenue increased by 2%. The company recorded revenue growth in Latin America by 6%, in the Middle East and Asia – by 2%. Quarterly dividends are approved by the board of directors at 50 cents per share.
Adidas aims to sell its Reebok division in March 202121.10.2020
Tesla to hit its vehicle production goal this year20.10.2020
Cathay Pacific cuts 18% of its workforce amid the coronavirus pandemic20.10.2020
UBS' third-quarter revenue increases due to its strong performance in the global markets