trending Market Intelligence /marketintelligence/en/news-insights/trending/c4gtZcYVVokcMMT8IMG49w2 content esgSubNav
In This List

Ibersol Q3 profit climbs YOY

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Podcast

Next in Tech | Episode 65: The operations side of AI/ML


Ibersol Q3 profit climbs YOY

Ibersol S.G.P.S. SA said its third-quarter normalized net income amounted to 15 euro cents per share, an increase from 15 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €4.2 million, a gain from €4.1 million in the prior-year period.

The normalized profit margin fell to 7.2% from 7.9% in the year-earlier period.

Total revenue increased 11.5% year over year to €58.5 million from €52.4 million, and total operating expenses grew 9.9% from the prior-year period to €50.2 million from €45.6 million.

Reported net income rose from the prior-year period to €5.1 million, or 19 cents per share, from €4.9 million, or 18 cents per share.