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DHL beats profit forecasts aided by cost and capacity management

By Matthias Inverardi and Amir Orusov April 30 (Reuters) - German logistics giant DHL reported a higher-than-expected quarterly operating profit on Thursday, as capacity management and structural cost improvements helped it weather geopolitical uncertainty stemming from the Middle East conflict. Analysts were expecting European logistics... Read More.

Stellantis sinks on weak cash flows as tariff refunds lift profit

By Giulio Piovaccari and Gilles Guillaume MILAN, April 30 (Reuters) - Stellantis reported a near tripling in first-quarter adjusted operating income on Thursday, helped by U.S. tariff refunds, but a disappointing cash flow result sent shares in the Franco-Italian carmaker sharply lower. The results underscore the... Read More.

Puma reports Q1 operating profit beat helped by inventory clearance

April 30 (Reuters) - German sportswear maker Puma on Thursday reported a first-quarter operating profit that beat expectations, supported by inventory clearance and lower operating expenses. Its earnings before interest and taxes (EBIT) rose 19.6% to 51.9 million euros ($60.53 million), compared with analysts' estimates... Read More.