SocGen lifts profit target as retail bank offsets trading drop | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The logo of French bank Societe Generale is seen outside a bank building in Paris, France, April 25, 2025. REUTERS/Stephanie Lecocq/File Photo [Purchase Licensing Rights, opens new tab]- Companies- Summary- Plans new 1.46 bln-euro share buyback, dividend increase- CEO Krupa's four-year mandate renewed from 2027- Cost cuts, ...

End of a strong year for Festi: Strong operational performance in the quarter and the results for the year significantly exceeded the company's initial guidance. Main results in Q4 2025 Sales of goods and services amounted to ISK 44,956 million, an increase of 7.2% between years.Margin from sales of goods and services amounted to ISK 11,415 million, an increase of 11.2% from the previous year.Profit margin was 25.4%, decreases by 0.2 p.p. from Q3 2025 but increases by 0.9 from Q4 2024.EBITDA amounted to ISK ...

Southwest Airlines (NYSE:LUV) Q4 2025 Earnings call January 29, 2026 10:00 AM ET Company ParticipantsAndrew Watterson - COOBob Jordan - President and CEOCatherine O'Brien - VPConor Cunningham - DirectorDanielle Collins - Managing Director of Investor RelationsRavi Shanker - Managing DirectorSavi Syth - Managing DirectorTom Doxey - CFOTom Fitzgerald - VP of Equity ResearchConference Call ParticipantsAndrew Didora - Senior Equity Research AnalystAtul Maheswari - Equity Research AnalystBrandon Oglenski - Direc ...

Rogers Communications (NYSE:RCI) Q4 2025 Earnings call January 29, 2026 08:00 AM ET Speaker4Welcome to the Rogers Communications Inc. Fourth Quarter 2025 Results Conference Call. As a reminder, all participants are in listen-only mode, and the conference is being recorded. Following the presentation, we'll conduct a question-and-answer session. To join the question queue, you may press star then one on your telephone keypad. Should you need assistance during the conference call, you may reach an operator by ...

Video platform Vimeo is trimming its global staff this week, its owner, Bending Spoons, confirmed to Business Insider. The job cuts arrived a few months after the European tech company bought Vimeo for around $1.38 billion in November.A spokesperson for Bending Spoons declined to confirm the scale of this week's layoffs. It's Vimeo's second round of layoffs since September, when the company cut 10% of its full-time workforce in an "effort to ensure focus and efficiency," the company wrote in an SEC filing ...

Financial Data and Key Metrics Changes - Twin Vee PowerCats has a total market cap of under $4 million, indicating a relatively small market presence [6] - The company has produced over 10,000 boats globally, showcasing its experience in the industry [6] Business Line Data and Key Metrics Changes - Twin Vee has acquired 100% of Bahama Boat Works, which is now a part of Twin Vee, enhancing its product offerings [4] - The company operates a new modified 100,000 sq ft facility capable of producing up to 700 units annually, depending on the model mix [5] Market Data and Key Metrics Changes - The partnership with Mercury Marine is expected to elevate the trust and demand for Twin Vee's products, as Mercury is a leading brand in marine propulsion [5][6] - Motor packages account for 20%-35% of the total cost of a boat, highlighting the importance of brand reputation in buyer decisions [5] Company Strategy and Development Direction - The strategic partnership with Mercury Marine aims to relaunch the Bahama brand with a complete model lineup from 21 ft to 41 ft and possibly larger [4] - The company plans to reintroduce the Bahama Boat brand with a focus on discipline, execution, and modern manufacturing [8] Management's Comments on Operating Environment and Future Outlook - Management expresses excitement about the future, emphasizing the potential for growth and innovation under the new partnership [3][4] - The company aims to leverage shared costs and infrastructure to support multi-brand growth without duplicating capital expenditures [7] Other Important Information - The official relaunch of Bahama Boats with Mercury Marine is scheduled for March 25th at the Palm Beach Boat Show [8] Q&A Session Summary - No specific questions and answers were provided in the content.

Financial Performance & Growth - LATAM group's FY 2025 total revenue guidance midpoint is $14.5 billion, representing an 11% year-over-year growth[16] - The adjusted EBITDAR for FY 2025 is guided at $4.1 billion, a 30% year-over-year increase[16] - The adjusted operating income for FY 2025 is guided at $2.4 billion, a 42% year-over-year increase[16] - LATAM group's adjusted operating margin for FY 2025 is expected to be 16.3%, a 4 percentage point increase year-over-year[16] Operational Efficiency & Customer Experience - Passenger revenue per available seat kilometer (RASK) increased by 23% in 3Q 2025 compared to 3Q 2019, reaching US$7.6 cents[16] - Cargo revenue per available ton kilometer (RATK) increased by 29% in 3Q 2025 compared to 3Q 2019, reaching US$19.2 cents[16] - Perfect Flights (flights rated NPS 10 on main drivers and departing on time) increased 16 times from 1H 2019 to 1H 2025, from 0.9 thousand to 13.6 thousand[36, 38] - LATAM group's premium revenue streams account for 23% of passenger revenues[59] Network & Loyalty - LATAM group carried over 85 million passengers yearly & 1+ million Cargo tons[10] - LATAM Pass has 53 million members, with a 24% year-over-year growth on transactions and miles redeemed[49, 169]

Core Insights - The company is optimistic about its future, particularly looking forward to 2026, which marks its centennial year [2] - Significant progress has been made in improving the balance sheet post-COVID, with a focus on reducing debt levels [2] Financial Performance - The company had peak debt levels of $54 billion during COVID and has successfully reduced this by $15 billion ahead of its target, achieving this reduction by 2024 [2] - A new target has been set to lower total debt below $35 billion by the end of 2027, with ongoing progress being made towards this goal [2] Operational Efficiency - The company is recognized as a leader in cost efficiency, implementing a transformation initiative referred to as "reengineering the business" [2]

Financial Data and Key Metrics Changes - Third quarter 2025 revenue was $12.3 million, down from $15.4 million in the third quarter of 2024, primarily due to the sale of 9 Times Square in Q4 2024 [10] - GAAP net gain attributable to common stockholders was $35.8 million in Q3 2025, influenced by a $44.3 million non-cash gain related to the foreclosure at 1140 Avenue of the Americas, compared to a net loss of $34.5 million in Q3 2024 [10] - Adjusted EBITDA for Q3 2025 was $1.9 million, down from $4.1 million in Q3 2024, while cash net operating income decreased to $5.3 million from $7 million in the same period [10][11] Business Line Data and Key Metrics Changes - The company executed a significant lease renewal at 196 Orchard, extending the weighted average remaining lease term of the portfolio to 6.2 years, up from 5.9 years at the end of Q2 2025 [5] - Near-term lease expirations represent 8% of annualized straight-line rent, with 56% of leases now extending beyond 2030, an increase from 54% last quarter [6] Market Data and Key Metrics Changes - The company's real estate portfolio, valued at approximately $390 million and covering about 743,000 sq ft, is primarily located in Manhattan, benefiting from a strong tenant base that includes large investment-grade firms [7] - The focus on resilient industries near transit-oriented locations is expected to support occupancy growth and tenant retention [7] Company Strategy and Development Direction - The company aims to unlock value, diversify holdings, and strengthen its balance sheet by marketing properties like 123 Williams Street and 196 Orchard for sale [8] - The strategic disposition of 1140 Avenue of the Americas is anticipated to eliminate a $99 million liability, aligning with the strategy to manage the balance sheet proactively [8] Management's Comments on Operating Environment and Future Outlook - Management emphasized the importance of enhancing operational flexibility through the consensual foreclosure of 1140 Avenue of the Americas and ongoing property sales [12] - The focus remains on leasing available space, renewing existing leases, and maintaining strict expense controls [12] Other Important Information - The company has changed its audit partners to CBIZ CPAs to streamline costs and reduce general and administrative expenses, with no disputes with the previous firm [11] Q&A Session Summary - No specific questions or answers were recorded in the provided content, as the call concluded without a Q&A segment [13]

Financial Data and Key Metrics Changes - Third quarter 2025 revenue was $12.3 million, down from $15.4 million in the third quarter of 2024, primarily due to the sale of 9 Times Square in Q4 2024 [9] - GAAP net gain attributable to common stockholders was $35.8 million in Q3 2025, influenced by a $44.3 million non-cash gain related to the foreclosure at 1140 Avenue of the Americas, compared to a net loss of $34.5 million in Q3 2024 [9] - Adjusted EBITDA for Q3 2025 was $1.9 million, down from $4.1 million in Q3 2024, while cash net operating income decreased to $5.3 million from $7 million in the same period [9][10] Business Line Data and Key Metrics Changes - The company executed a significant lease renewal at 196 Orchard, extending the weighted average remaining lease term of the portfolio to 6.2 years, up from 5.9 years at the end of Q2 2025 [5] - Near-term lease expirations represent 8% of annualized straight-line rent, with 56% of leases now extending beyond 2030, an increase from 54% last quarter [6] Market Data and Key Metrics Changes - The real estate portfolio, excluding the property expected to be disposed of, is valued at approximately $390 million and spans about 743,000 square feet, primarily located in Manhattan [6] - The tenant base includes large investment-grade firms, contributing to portfolio stability [6] Company Strategy and Development Direction - The company is focused on unlocking value from current assets, emphasizing tenant retention, property improvements, and cost efficiency [5] - Ongoing marketing efforts for the sale of 123 Williams Street and 196 Orchard are aimed at generating cash to retire debt and reinvest in higher-yielding assets [7] - The strategic disposition of 1140 Avenue of the Americas is expected to eliminate a $99 million liability, aligning with the strategy to manage the balance sheet proactively [7] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of operational flexibility through the consensual foreclosure of 1140 Avenue of the Americas and ongoing sales efforts [11] - The focus remains on leasing available space, renewing existing leases, and maintaining strict expense controls [11] Other Important Information - The company has changed its audit partners to CBIZ CPAs to streamline costs and reduce general and administrative expenses [10] Q&A Session Summary - No specific questions or answers were documented in the provided content, indicating a focus on the presentation rather than an interactive Q&A session.