Europe: latest news, insights and analysis | ESM Magazine

L'Oréal Misses Third Quarter Sales Expectations As China Buys Less

L'Oréal reported a rise in third quarter sales that missed expectations after low consumer confidence in China sapped demand for beauty products.

Philip Morris Raises Annual Profit Forecast On Strong Demand For Nicotine Pouches

Philip Morris International raised its annual profit forecast after beating third-quarter estimates, betting on higher prices and resilient demand for its...

HDE Sees 'Great Potential' For AI Technologies In Retail

The German Retail Association (HDE) noted that AI technologies have 'great potential' in retail and urged against implementing overly strict regulations as...

Coca-Cola Bottler CCEP To Change UK Listing Category, Eyes FTSE 100 Inclusion

Bottler Coca-Cola Europacific Partners (CCEP) said it plans to change its London stock listing category, in a move that would make the company potentially...

Carrefour France Likely To See Improved LFL Sales Growth In Q3: Barclays

Carrefour is likely to see improvement in LFL sales to -2.2% in the third quarter from -3.5% in the second quarter, according to estimates from Barclays.

Bolt, Starship Launch Autonomous Grocery Delivery Service In Estonia

Estonian firms Bolt and Starship Technologies have launched an autonomous grocery delivery service in the country's capital, Tallinn.

UK's Mondi Posts Sequential Fall In Third-Quarter Profit

British packaging company Mondi said trading conditions remained muted in the third quarter, after it reported a lower core profit compared with the previo...

Procter & Gamble Set To Report Tepid Revenue Growth

Procter & Gamble is set to report muted quarterly revenue growth as its faces rivals competing on price in its two biggest markets, the United States a...