Coca-Cola Hellenic Bottling Company SA said Thursday its second-quarter net profit fell by 8 percent on the year, due partly to poor weather in some markets, rising costs and a Greek transportation strike in May.
Eni SpA, Italy's largest natural gas and oil company, reported Thursday second quarter earnings rose 52 percent on soaring oil prices and rising production.
Tire and autoparts maker Continental AG saw a sharp drop in net profit in the first half of the year -- 37 percent -- amid "a difficult market environment," the company said Thursday.
Shares in BT Group PLC slumped 11 percent on Thursday after Britain's biggest telecommunications company posted a 35 percent fall in net profit and provided a worrying update over key parts of the business.
French pharmaceutical giant Sanofi-aventis said Thursday quarterly profit fell 10.5 percent to 1.01 billion euros ($1.57 billion) as a weak dollar weighed on earnings, but the company lifted its full-year guidance amid strong U.S. demand for its flagship diabetes and cancer drugs.
Spanish telecom giant Telefonica said Thursday its second-quarter net profit dropped 20 percent to 2.05 billion euros ($3.2 billion) from 2.57 billion euros for the same period last year, when the company had a large one-time gain.
