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UniCredit raises expectations after quarterly earnings beat expectations | The second Italian bank published quarterly results with Net profit of 2.06 billion euros in the first trimester. Thus, the bank has revised its forecast upwards for the entire year 2023 and expects to achieve a higher net profit than the previous year, i.e. 6.5 billion euros, its best annual result in a decade. Despite the turmoil in American financial systemUniCredit maintained its growth by increasing its turnover by 18.3% to 5.93 billion euros in the first trimester. The bank’s capital adequacy ratio also increased to 16.05%, which indicates its ability to face crises.
UniCredit: Net profit increased sevenfold in the first quarter https://t.co/xEr8vyAW6W
– SME (@SMEmagazine_) May 3, 2023
He follows Mercedes is delaying its goal of selling 50% of its electric and hybrid cars until 2026 | Group CEO, Stop caleniusHe did not specify the reasons for this delay. This target was set as part of a plan to reduce CO2 emissions per vehicle by 50% by 2030. Mercedes Always aim 100% of electricity sales by 2030When market conditions permit. The group’s share of electric and hybrid vehicle sales remains modest, with only 10% of total sales in the first quarter of 2023. Despite this deferred target, Mercedes continues to invest heavily to become a technological leader in electric vehicles.
# mercedes He pushes his goal of 50% of electric and hybrid vehicle sales by 2026 https://t.co/3rQd6IIGcV
– car guide (guideauto) May 3, 2023
