Europe shares slip; earnings, data, Fed in focus -2-
Volkswagen, Air France-KLM dip (Il Sole 24 Ore Radiocor) - Milan, 30 Apr - In European stock market dealings car makers led the losses, and insurers were also broadly lower, while food and beverage stocks rose.
German car maker Volkswagen dipped 2.89% in Frankfurt after it said its operating profit dropped by 20% in the first quarter, dropping to 4.6 billion euro from 5.7 billion in the same time period in 2023, as weaker demand for its premium brands weighed.
Airliner Air France-KLM sank 3.46% in Paris dealings after it reported operating loss due to costs associated with disruptions and a slower cargo business.
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(RADIOCOR) 30-04-24 13:49:06 (0479) 5 NNNN