Dutch tank storage company Vopak $VPK.AS has announced a slight increase in net profit for the first quarter, bolstered by various development projects. The company reported a 0.7% increase in earnings before interest, taxes, depreciation, and amortization (EBITDA), reaching €300 million ($341.7 million) for the three months ending March 31. This growth marks a continuation of the company's strategic efforts to expand its operational capabilities.
Oslo-based oil and gas company Vaar Energi $VAR.OL released its first-quarter earnings report on Wednesday, revealing an operating profit that fell short of market expectations. Despite a decline in profits, the company announced its intention to maintain dividend levels as it prepares for a projected increase in production over the coming months.
Swedish medical equipment manufacturer Getinge $GETI-B.ST has announced its first-quarter earnings, revealing that profits fell slightly short of market expectations. The company attributed this shortfall to a decline in sales of operating tables and challenges within its bioprocessing product category. Despite these headwinds, Getinge reported a significant year-over-year increase in adjusted earnings before interest, taxes, and amortization (EBITA).
Elevance Health $ELV has announced robust earnings for the first quarter, exceeding market expectations. This disclosure comes in the wake of UnitedHealth's $UNH downward adjustment of its annual forecast, which has led to significant sell-offs in the health insurance sector. Elevance's results not only reinforce its stability amidst market turbulence but also affirm its annual profit guidance.