4:00 PM Frankfurt – Allianz net climbed 11% to €1.8 billion on 11% increase in revenues. Carlsberg net loss widened. Deutsche Post profit fell 1% to €495 million. easyJet tumbled despite net swung to profit. K+S Group net soared 32%. ThyssenKrupp profit tumbled 82%.
In London trading, FTSE 100 index dropped 1.1% or 78.83 to 6,951.02 and in Frankfurt the DAX index declined 1.5% or 172.67 to 11,500.68.
In Paris, CAC 40 index slumped 0.9% or 48.40 to 4,979.47.
dropped 2.3% to €145.95 after the Germany-based financial services provider said total revenues in the first-quarter ending in March soared 11.2% to €37.8 billion from €33.96 billion in a year ago period.
Net profit in the quarter climbed 11% from a year ago to €1.82 billion compared to €1.64 billion and diluted earnings per share jumped to €4 from €3.55.
plunged 5.2% to 605 kronor after the Denmark-based beer and soft drinks maker reported net revenues in the first-quarter ending in March jumped 4.4% to 13.47 billion kronor from 12.90 billion kronor in a year ago period.
Net loss in the quarter widened from a year ago to 90 million kronor compared to 67 million kronor and diluted loss per share slipped to 0.6 kronor from 0.4 kronor.
Deutsche Post AG
declined 4.6% to €28.39 after the Germany-based logistics services provider stated revenues in the first-quarter ending in March climbed 8.8% to €14.8 billion form €13.57 billion in a year ago period.
Net profit in the quarter dropped 1.4% from a year ago to €495 million compared to €502 million and diluted earnings per share fell to €0.39 from €0.40.
The logistic company forecasted operating profit for the year to increase between €3.05 billion to €3.2 billion and will increase by an average of more than 8% annually during the period from 2013 to 2020.
tumbled 9.7% to 1,656 pence after the U.K.-based discount airline operator said total revenues in the first-quarter ending in March jumped 3.8% to £1.77 billion from £1.70 billion in a year ago period.
Net in the quarter swung to profit from a year ago to £5 million compared to a loss of £41 million and diluted earnings per share swung to 1.3 pence.
The company said total revenue per seat in the quarter gained 0.2% to £54.91 while costs per seat slipped 1.4% to £38.66.
The airline forecasted revenue per seat in constant currency for the second-half to drop by low single-digit percentage points.
plummeted 5.8% to €30.17 after the Germany-based potash maker reported revenues in the first-quarter ending in March soared 15.8% to €1.38 billion form €1.19 billion in a year ago period.
Net income in the quarter soared 31.9% from a year ago to €163.7 million compared to €124.1 million and diluted earnings per share increased to €0.85 from €0.65.
jumped 3.1% to €25.63 after the Germany-based steel maker said revenues in the second-quarter ending in March jumped 7% to €11 billion form €10.27 billion in a year ago period.
Net profit in the quarter tumbled 82% from a year ago to €48 million compared to €269 million and diluted earnings per share decreased to €0.09 from €0.40.