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        Financial results

         Bank Millennium sees profits up 56% to September
        0
        By Christopher Graeme
        In Banks, Financial results, Millennium BCP, News
        Posted 24 Outubro, 2025

        Bank Millennium sees profits up 56% to September

        The Polish bank Millennium controlled by BPC, closed the first nine months of 2025 with profits of 855 million zlótis (€202 million), a 56% increase on the 547 million zlótis (€127 million) [...]

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         MEO revenues up 3.5% to €1.4Bn in 1H
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        By Christopher Graeme
        In Altice Portugal, Financial results, MEO, News, Telecoms
        Posted 29 Agosto, 2025

        MEO revenues up 3.5% to €1.4Bn in 1H

        Portugal’s telecoms brand MEO enjoyed revenues of €1.392Bn in the first half of the year, which represents an increase of 3.5% compared to the same period last year. And Altice Portugal’s [...]

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         TAP posts profits of €37.5 million for 2Q but an overall loss of €70.7 million for 1H, 2025
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        By Christopher Graeme
        In Financial results, News, Privatisations, TAP
        Posted 29 Agosto, 2025

        TAP posts profits of €37.5 million for 2Q but an overall loss of €70.7 million for 1H, 2025

        Portugal ’s national airline TAP is moving towards part privatisation after the government approved a 49.9% sale of its capital. But despite a profit of €37.5 million between April and June this [...]

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         Galp profits up 25% in 2Q to €373 million
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        By Christopher Graeme
        In Energy, Financial results, Galp, News
        Posted 21 Julho, 2025

        Galp profits up 25% in 2Q to €373 million

        Galp Energy has posted profits of €373 million for the second quarter of 2025 compared to the same period last year. The Portuguese petroleum company says the improved results from April and [...]

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         Banco Finantia doubled profits to €25.3 million
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        By Christopher Graeme
        In Banks, Financial results, News
        Posted 6 Junho, 2025

        Banco Finantia doubled profits to €25.3 million

        Banco Finantia almost doubled its profits last year to €25.3 million it announced on Thursday. The shareholders agreed at its general assembly to award a dividend of €18 million or 12 cents per [...]

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         Navigator sparks 18% fall in Semapa profits to March
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        By Christopher Graeme
        In Companies, Financial results, News, Semapa
        Posted 19 Maio, 2025

        Navigator sparks 18% fall in Semapa profits to March

        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 [...]

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         Bank Millennium Poland profits up 40% to €42.8 million in 1Q
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        By Christopher Graeme
        In Banks, Financial results, Millennium BCP, News
        Posted 12 Maio, 2025

        Bank Millennium Poland profits up 40% to €42.8 million in 1Q

        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 [...]

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         Haitong Bank profits fall 70% to €5 million in 2024
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        By Christopher Graeme
        In Banks, Financial results, News
        Posted 16 Março, 2025

        Haitong Bank profits fall 70% to €5 million in 2024

        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 [...]

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         CGD profits up 34% to €1.735Bn with €850 million dividend payout to the State
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        By Christopher Graeme
        In Banks, CGD, Financial results, News
        Posted 3 Março, 2025

        CGD profits up 34% to €1.735Bn with €850 million dividend payout to the State

        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 [...]

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         Zurich Portugal grows across all segments as HQ announces record results
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        By Christopher Graeme
        In Financial results, Insurance, News
        Posted 24 Fevereiro, 2025

        Zurich Portugal grows across all segments as HQ announces record results

        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 [...]

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