All articles tagged with #organic growth
Originally Published 2 months ago — by CNBC
Nestle announced plans to cut 16,000 jobs to improve efficiency and accelerate growth under new CEO Philipp Navratil, leading to a 7.2% rise in its shares. The company posted better-than-expected Q3 organic growth of 4.3%, driven by strategic focus on successful brands and turnaround efforts, despite challenges in Greater China and past leadership upheavals.
Originally Published 5 months ago — by Yahoo Finance
3M reported better-than-expected Q2 2025 results with $6.3 billion in sales and raised its full-year guidance, driven by growth in electronics and industrials, improved margins, and strategic cost management, despite tariff and foreign exchange headwinds.
Originally Published 2 years ago — by Yahoo Finance
Bank of America reported a 10% decrease in Q4 revenue, with adjusted net income of $5.9 billion and adjusted EPS of $0.70, beating consensus. The bank's CFO highlighted organic growth and the addition of 4.6 million credit card accounts in 2023. Despite the revenue dip, the bank saw an increase in net income for its Global Markets segment. The efficiency ratio for the quarter was 81%, and the bank's CET1 ratio improved to 11.8%.
Originally Published 2 years ago — by LVMH
LVMH, the world's leading high-quality products group, reported a 14% organic revenue growth in the first nine months of 2023 compared to the same period in 2022. All business groups, except Wines & Spirits, experienced sustained organic revenue growth. The Fashion & Leather Goods business group achieved the highest growth at 16%, driven by the success of brands like Louis Vuitton and Christian Dior. The Perfumes & Cosmetics and Watches & Jewelry business groups also saw positive growth. Selective Retailing, which includes Sephora, performed exceptionally well with a 26% organic revenue growth. LVMH remains confident in its growth strategy and aims to strengthen its global leadership in the luxury goods market.
Originally Published 2 years ago — by Video Games Chronicle
Capcom's COO, Haruhito Tsujimoto, stated in an interview that the company is not interested in acquiring new studios or being acquired itself. Tsujimoto emphasized the importance of organic growth and developing in-house talent. When asked about a potential acquisition offer from Microsoft, Tsujimoto said he would gracefully decline, preferring to be equal partners. Capcom's stock price has reached record highs, and the company expects to break its sales record with upcoming releases.