2:00 PM Frankfurt – Anglo American, the copper and precious metals miner reported revenues in the quarter increased 10% but swung to a net loss of 10%. Aker Solutions plunged 12% on a decline in net income. Eni SpA said net income fell 1.4%.
Anglo American plc
increased 1.3% to £2,038.36 after the UK based mining company reported group revenue for the year ending in December jumped 10% to $32.79 billion compared to $36.55 billion in the same period of last year. Net loss for the year swung to $1.49 billion from net income of $6.17 billion and earnings per share declined 123% to $1.19 compared to $5.10 from a year ago.
The company said group underlying operating profit plunged 44% to $6.2 billion.
, plunged 11.9% to €14.42 after the oil services provider said fourth quarter revenues rose 4% to NOK 12 billion compared to NOK 11.6 billion a year ago period.
Net profit for the year declined NOK 504 million compared to NOK 684 million. Diluted earnings per share declined to NOK 1.86 compared to NOK 2.50.
Revenues for the year surged 23% to NOK 44.9 billion compared to NOK 36.5 billion and earnings per share to NOK 8.33.
New orders in the fourth quarter increased to NOK 9.1 billion compared to NOK 7.9 billion a year ago.
gained 2.9% to €17.83 after the Italian oil and gas explorer reported net sales in the fourth quarter ending in December, advanced 10% to €32.57 billion compared to €29.65 billion in the same period of last year.
Net income fell 1.4% to €1.52 billion from €1.54 billion from a year ago and earnings per ADR share dropped 6% to €1.09 compared to €1.16 from a year ago.
soared 6.9% to €170.75 after the France based luxury goods retailer reported group revenue for the year ending in December surged 21% to €9.74 billion compared to €8.06 billion in the same period of last year.
Net income climbed 6% to €1.05 billion from €986 million and earnings per share jumped 6% to €8.32 compared to €7.82 from a year ago.
For the fourth quarter of 2012, consolidated revenue jumped 17.5% to €2.6 billion and gross margin for the year soared 20% to €5.96 billion.