Financial results

Paper and pulp company Semapa posted profits of €39.6 million for the first quarter of 2025 – a fall of 17.9% on the €48.2 million posted in March 2024. The results were affected by a fall [...]

Bank Millennium in Poland, which is controlled by Portugal’s BCP, enjoyed a first quarter net result of €179 million zlótis (€42.8 million) – an increase of 40% on the same period last year [...]

Haitong Bank posted profits of €5 million in 2024, a fall of 70% on the €17 million in 2023. In a note sent to the Portuguese stock market and securities commission CMVM on Friday, the private [...]

Portugal public bank Caixa Geral de Depósitos has posted net profits of over €1.7Bn for 2024 and paid the State out €850 million in dividends; more than had been factored for in the State Budget [...]

Zurich Portugal has “continued to grow across all segments” according to its CEO Helene Westerlind. In 2023 Zurich Portugal was in 6th place in the ranking of the largest insurers in Portugal [...]

EDP posted a net result of €1.08Bn between January and September according to a note sent to the Portuguese securities commission CMVM. Profits for thew period were up 14% on the same period in [...]

Portugal’s banks raked in €3.6Bn in the first three quarters of 2024. Profits from State-owned bank Caixa Geral de Depósitos (CGD) (€1.2Bn) catapulted the results of the country’s five largest [...]

Portuguese technology consultancy Reditus finally published its annual results for 2022 on Tuesday. A string of delays in publishing the results – the company has recorded a €8.7 million [...]

EDP made a profit of €762 million in the six months ended in June, the company said on Tuesday, in a statement published on the website of the market regulator, the Securities Market Commission [...]

Sonae closed the first half of the year with a net profit of €75 million, which represents a growth of 14% compared to the same period last year. Sales exceeded €4.3Bn, helped by the integration [...]