4:00 PM Frankfurt – Airbus profit climbed 93% to €439 million. Banca Monte dei Paschi net loss widened to €174 million as revenue declined 25%. easyJet net loss narrowed to £41 million. ThyssenKrupp net swung to profit €200 million. UniCredit profit surged 59% to €712 million.
In London trading, FTSE 100 index slid 0.1% or 8.51 to 6,864.01 and in Frankfurt the DAX index rose 0.1% or 10.68 to 9,765.11.
In Paris, CAC 40 index slipped 0.1% or 4.53 to 4,500.41.
Airbus Group NV
surged 6.4% to €52.66 after the Netherlands-based aerospace and defense services provider reported revenue in the first-quarter ending in March jumped 5% to €12.65 billion from €12.09 billion a year ago.
Net income in the quarter climbed 93% to €439 million compared to €227 million and earnings per share rose to €0.56 from €28 a year earlier.
Banca Monte dei Paschi di Siena SpA
slid 0.4% to €6.42 after the Italy-based bank reported net interest income in the first-quarter ending in March declined 25.4% to €446 million from €597.7 million a year ago.
Net loss in the quarter widened to €174.1 million compared to €101.2 million a year earlier.
declined 4.4% to 1,654 pence after the U.K.-based airline company said total revenue climbed 6.3% to £1.70 billion from £1.60 billion a year ago.
Net loss for the period narrowed to £41 million compared to £47 million and loss per share slipped to 10.4 pence from 12 pence a year earlier.
climbed 5.2% to €22.38 after the Germany-based steel producer reported revenue in the first-half ending in March jumped 4% to €19.40 billion from €18.76 billion a year ago period.
Net in the period swung to a profit €200 million compared to a loss of €145 million and earnings per share swung to a €0.37 from a loss of €0.26 a year earlier.
Order intake in the first-half from continuing operations jumped 6% to €20.9 billion and group net financial debt significantly dropped to €4 billion from €5.3 billion a year earlier.
slipped 1% to €6.24 after the Italy-based investment bank reported revenue in the first-quarter ending in March dropped 3.6% to €5.58 billion from €5.78 billion a year ago.
Net profit in the quarter surged 58.8% to €712 million compared to €449 million a year ago period.
The bank said bad debts dropped for first time since 2008 and new loans in Italy climbed 63% to €2.7 billion. Total outstanding customer loan rose 0.3% to €432.5 billion from last quarter.