Company reported a net profit of €606 million for the first half of 2025 THE HAGUE: Aegon N.V. reported a net profit of €606 million for the first half of 2025, reversing a €65 million loss in the same period last year, as the Dutch insurer posted strong operating results and announced a strategic review…
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Vivendi reports strong first-half 2025 results, driven by Gameloft and portfolio optimization
PARIS: Vivendi SE (Paris: VIV) reported a sharp turnaround in its financial performance for the first half of 2025, with EBITA rising to €18 million, a €47 million improvement over the same period last year. The gains were fueled by strong results from its gaming subsidiary Gameloft, reduced corporate costs, and strategic portfolio adjustments. Gameloft…
Bouygues posts solid first-half results despite tax impact
Group confirms full-year 2025 outlook amid macroeconomic and geopolitical uncertainties PARIS: Bouygues reported robust first-half 2025 results with sales rising 1.3% year-on-year to €26.9bn, supported primarily by momentum in the construction sector and Equans. Current operating profit from activities (COPA) climbed €49m to €796m, while net profit attributable to the Group—excluding France’s exceptional income tax…
Technip Energies reports robust H1 2025 results, raises TPS margin guidance
Company posted a 15% increase in consolidated revenue, reaching €3.6 billion, while recurring EBITDA rose 13% to €319 million PARIS: Technip Energies reported strong unaudited financial results for the first half of 2025, underscoring its continued momentum and strategic progress in energy infrastructure and decarbonization. The company posted a 15% year-over-year increase in consolidated revenue,…
Bureau Veritas drives growth with strategic acquisitions in cybersecurity, nuclear, and sustainability consulting
PARIS: Bureau Veritas has stepped up its portfolio diversification strategy with three acquisitions designed to strengthen its presence across high-growth technical sectors. The global Testing, Inspection, and Certification (TIC) firm announced agreements to acquire specialized companies in Germany, Denmark, and South Korea, aligning with its LEAP I 28 growth strategy. Bureau Veritas will acquire Denmark’s…
Bureau Veritas reports strong H1 2025 results; Confirms full-year outlook amid strategic execution gains
PARIS: Bureau Veritas posted robust first-half results for 2025, fueled by strong organic revenue growth and margin expansion as the company accelerated the execution of its LEAP | 28 strategic plan. The inspection and certification giant reaffirmed its full-year outlook, citing resilient performance across regions and industries and tangible gains from ongoing performance programs. Key…
Signify reports Q2 sales of €1.4 billion amid resilient demand for connected lighting
EINDHOVEN: Signify (Euronext: LIGHT), the global leader in lighting solutions, posted second-quarter revenue of €1.418 billion, navigating persistent market headwinds with robust consumer demand and growing sustainability credentials. The company’s comparable sales declined 1.4%, dragged by its Conventional lighting business. Excluding that segment, topline growth reached 0.8%, driven by momentum in the Professional and Consumer…
TotalEnergies, CMA CGM to launch LNG bunkering venture at Rotterdam Port
ROTTERDAM: TotalEnergies (Paris:TTE) and CMA CGM Group have signed a joint venture agreement to establish an LNG bunkering logistics platform at the Port of Rotterdam, marking a strategic expansion in Europe’s maritime energy transition. The 50-50 partnership between the French energy major and global shipping and logistics provider will deliver liquefied natural gas (LNG) bunkering…
Covivio raises outlook for 2025 after strong half-year performance
PARIS: Covivio has delivered an upbeat first-half performance for 2025, posting a +14% jump in recurring net earnings to €263.2 million and raising its full-year guidance as Europe’s property markets show clear signs of recovery. The French real estate firm cited portfolio optimization and operational momentum across all segments—offices, hotels, and German residential—as key drivers…
EssilorLuxottica to acquire PUcore’s optical division in strategic lens material expansion
PARIS: EssilorLuxottica signed a definitive agreement to acquire the South Korean company PUcore’s optical division, a move aimed at enhancing its research and production capabilities in high-index ophthalmic lens materials. The acquisition includes PUcore’s R&D unit, manufacturing facility, and sales office dedicated to developing monomers used in thinner, lighter and more sustainable ophthalmic lenses. The…
Ayvens names Philippe de Rovira as next CEO; Albertsen to retire in December
PARIS: Ayvens has tapped auto industry veteran Philippe de Rovira to succeed Tim Albertsen as Chief Executive Officer, effective December 1, the company announced Monday. The leadership transition comes as part of a planned succession move supported by the board’s Nomination Committee. De Rovira, currently COO for Asia and the Middle East/Africa at Stellantis, will…
Air Liquide launches world’s largest molybdenum plant in South Korea to support chip industry’s shift from tungsten
PARIS: Air Liquide (AIRP.PA) said it has started operations at the world’s largest molybdenum manufacturing plant in Hwaseong, Gyeonggi Province, expanding its footprint in advanced materials for semiconductors. The site will produce ultra-high purity molybdenum molecules and proprietary distribution systems for Subleem™, the company’s latest materials offering. The strategic investment positions Air Liquide as the…