Commerzbank generates profit for quarter in spite of corona – costs and capital on track

Underlying revenues in second quarter of 2020 increased to €2.3bn (Q2 2019: €2.1bn) – significant growth in net commission income Operating costs continue to fall to €1.53bn despite IT investments […]

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Schaeffler generates positive operating earnings in the 1st half of 2020 despite significant decline in revenue

. Revenue for 1st half of 2020 down 21.8 percent at constant currency due to coronavirus pandemic (prior year: 0.8 percent), second quarter shows gradual recovery, Greater China growth at […]

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RWE to strengthen its European renewables business with acquisition of 2.7 GW project pipeline

Nordex has selected RWE as exclusive bidder for the acquisition of its European onshore wind and solar development business / Purchase price of about €400 million Strategic enhancement adds to […]

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BASF Group: EBIT before special items declines in second quarter due to weaker demand as a result of the corona pandemic

. Q2 2020: Sales of €12.7 billion (minus 12%), mainly due to lower sales volumes resulting from lockdowns EBIT before special items of €226 million (minus 77%) Net income of […]

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