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

Groupe Bruxelles Lambert Q3 profit falls YOY

Blog

Corporate and Municipal CUSIP Request Volumes Slow in August

Blog

Q&A: U.S. Battery Storage and Global Battery Metals Trends Webinar

CASE STUDY

A Trade Finance Firm Ups Its Game With Supply Chain Intelligence

Blog

Greenhouse gas and gold mines - Emissions intensities unaffected by lockdowns


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.