LVMH reported strong performance in the nine months of 2022 after sales surged on the rising demand from local customers and a recovery in international travel.
Swiss elevator maker Schindler lowered its annual outlook citing China market contraction. Delivery Hero revised its annual gross merchandise value estimate. Norsk Hydro announced to return more capital to shareholders.
Nokia surged after net income soared. Electrolux dropped on weaker than expected results. Thales said its unit will take a one-time charge linked to Russian business closure. SAP lowered its full-year outlook.
J D Wetherspoon said revenues are improving but at a slower pace and labor costs are rising. Glencore sold a royalty package to Sandstrom Gold. Tullow Oil reaffirmed the fiscal year outlook.