Section · page 19

Economy

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Economy archive — page 19 of 22, newest and highest-significance first.

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Faes Farma H1 2026 slides: revenue jumps 27% on acquisitions

Faes Farma is a company. In the first half of 2026, its revenue went up by 27%. This happened because the company made some new purchases. Faes Farma's revenue is the money it makes from selling its products or services.

Jul 30, 09:21upd. 2d
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Ventas Q2 2026 slides: SHOP growth drives 16% NOI gain, stock falls

Ventas released its Q2 2026 earnings slides. The slides show that growth in its SHOP business led to a 16% increase in net operating income (NOI). Despite the profit rise, Ventas' stock price fell after the release. Investors reacted to other factors that outweighed the NOI gain.

Jul 30, 17:10upd. 1d
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West Fraser Q2 2026 slides: EBITDA rebounds as portfolio shifts south

West Fraser Timber Co. shared its Q2 2026 investor slides on July 30, 2026. The slides showed adjusted EBITDA of $59 million, a turnaround from a loss of $66 million in Q1. All three core business parts made money for the first time in several quarters. Even with these gains, the stock price dropped 5.86% to $88.11 as investors worried about long‑term sustainability.

Jul 30, 17:11upd. 1d
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AGCO Q2 2026 slides show margin pressure despite pricing gains

{"AGCO released slides for its second quarter of 2026.","The slides show that the company raised prices on its products.","Even with higher prices, AGCO’s profit margins came under pressure.","This suggests that costs rose faster than the price increases."}

Jul 30, 17:08upd. 1d
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Corebridge, Equitable stockholders approve merger

Corebridge and Equitable held shareholder votes on their proposed merger. Both companies' stockholders approved the deal. The merger will combine the two firms into a single financial services entity.

Jul 30, 17:04upd. 1d
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Algoma Steel Q2 2026 slides: EBITDA turns positive amid transformation

Algoma Steel released its Q2 2026 results. The company's EBITDA turned positive for the first time in several quarters. This improvement follows a transformation plan aimed at cutting costs and boosting efficiency. Management said the turnaround shows the plan is working.

Jul 30, 17:10upd. 1d
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SunCoke Q2 2026 slides: EBITDA surges 60%, shares fall 13%

SunCoke reported its second-quarter 2026 results. EBITDA rose 60% compared to the same period last year. Despite the strong earnings, the company's shares fell 13% in trading. Investors reacted to concerns about future outlook.

Jul 30, 17:05upd. 1d
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Ontex H1 2026 slides: €240M savings plan amid guidance cut

Ontex, a Belgium‑based maker of hygiene products, released its first‑half 2026 results on July 30. The company announced a €240 million savings plan to cut costs. At the same time, it lowered its full‑year profit guidance. Its shares fell 8.6 % to close at $2.25, near the 52‑week low of $2.13.

Jul 30, 12:29upd. 2d
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Rathbones Group appoints Michelle Scrimgeour to board

Rathbones Group, a UK wealth management firm, has appointed Michelle Scrimgeour to its board of directors. Scrimgeour previously worked as CEO of Legal & General Investment Management. She brings extensive experience in asset management and sustainable investing. The appointment is effective immediately.

Jul 30, 12:28upd. 2d
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BAWAG’s PTSB acquisition wins 91% shareholder approval

BAWAG Group AG said that shareholders of Permanent TSB voted to approve its purchase of the bank. About 91% of the votes cast supported the deal at a special meeting. All other resolutions needed for the acquisition also passed. BAWAG made an all‑cash offer for Permanent TSB, which it announced in April 2026.

Jul 30, 12:32upd. 2d
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SES H1 2026 slides show mixed results, shares fall 15%

SES is a satellite operator. It presented its first-half 2026 results on July 30. The results were mixed, with revenue and profit falling. SES shares fell 15.38% after the announcement.

Jul 30, 09:21upd. 2d
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Foxtons H1 2026 slides: lettings stability offsets sales decline

Foxtons is a UK property agency. In the first half of 2026, they had a problem with fewer people buying houses. But they were happy because many people were still renting houses.

Jul 30, 09:16upd. 2d
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BBVA Q2 2026 slides: record profit drives €2B buyback, ROTE at 22%

BBVA, a Spanish bank, made a lot of money in Q2 2026. The bank's profit was €3.062 billion, a record high. This led to a €2 billion share buyback program. The bank's performance was strong in Spain and Mexico.

Jul 30, 09:17upd. 2d
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Drax H1 2026 slides: earnings dip as portfolio expands to 6.1GW

Drax, a company that produces energy, had lower earnings in the first half of 2026. This happened even though the company's energy production increased to 6.1GW. Drax's earnings decreased because the company spent more money on its operations.

Jul 30, 09:19upd. 2d
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