trending Market Intelligence /marketintelligence/en/news-insights/trending/0IBVooEB6ZHJNO2JFFSP0Q2 content esgSubNav
In This List

Groupe Bruxelles Lambert Q3 profit falls YOY

Podcast

Next in Tech | Episode 85: Taming complexity for the Digital Next

Blog

Insight Weekly: Unease roils markets; US likely to slip into recession; firms' cash ratios fall

Blog

S&P 500 Q2 2022 Sector Earnings & Revenue Data

Blog

Worldwide smartphone shipment forecast through 2026: from small drop to mild recovery


Groupe Bruxelles Lambert Q3 profit falls YOY

Groupe Bruxelles Lambert SA said its normalized net income for the third quarter amounted to 80 euro cents per share, a decrease of 13.3% from 92 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €125.3 million, a decrease of 12.4% from €143.1 million in the prior-year period.

The normalized profit margin fell to 9.8% from 81.6% in the year-earlier period.

Total revenue rose 627.7% year over year to €1.28 billion from €175.5 million, and total operating expenses grew 12,218.5% year over year to €997.8 million from €8.1 million.

Reported net income declined 31.1% year over year to €163.0 million, or €1.04 per share, from €236.7 million, or €1.53 per share.