The Local France

Alcatel losses 'worse than expected'

Fri, 02 Nov 2012 10:36:56 +0100

French telecommunications equipment maker Alcatel-Lucent said on Friday that it had suffered a worse-than-expected net loss in the third quarter of the year owing partly to an exceptional charge related to the cost of buying Lucent in 2006.

BNP Paribas profits hit by Greek woes

Tue, 02 Aug 2011 13:55:49 +0200

French banking giant BNP Paribas reported Tuesday a second quarter net profit up 1.1 percent at €2.12 billion, short of analyst forecasts as it set aside €534 million to cover its Greek exposure.

Air France-KLM reports €197 million quarterly loss

Thu, 28 Jul 2011 14:15:57 +0200

Air France-KLM announced Wednesday a first quarter net loss of €197 million ($283 million) and said the outlook was uncertain for the rest of the year.