Sentence examples for Profit slump from inspiring English sources

BP has warned of further job cuts as the company further slashed spending plans after a profit slump caused by the oil price collapse.

Trinity Mirror said that the profit slump reflected factors including reduced operating profit, foreign currency borrowing and increased interest-related costs relating to its pension scheme.

The relocations come amid a profit slump that will likely mean another round of job cuts on top of the tens of thousands of layoffs that brokerage firms and investment banks made last year.

The profit slump was in line with a revised earning estimate issued by Samsung two weeks earlier after it killed off the Note 7 when devices overheated and burst into flames.

The profit slump comes after fellow department stores John Lewis and Next both revealed a fall in first-half profits as they were hit by the need to discount to clear summer stock.

"Despite the year-on-year decline in the financial results the underlying financial health of the group has not suffered," the company said, attributing a significant portion of the operating profit slump to a £1.4m investment in three new offices.

Sales at AOL fell 7.1percentto to $1.98 billion, in the first quarter, and profit slumped 17percentt.

The company is aiming to trim costs, particularly at the air express unit, where profit slumped about 33 percent.

Last year, profit slumped 16 percent at the bank, which faced a tough economic environment and new regulatory challenges.

Still, Bankinter's profit slumped 24.1 percent in the first half, comparable with a 29.6 percent profit decline for Sabadell, the Barcelona bank that also announced earnings Thursday.

Markets were broadly disappointed by Dell's earnings; profit slumped by 79% to $130m as it continued to struggle in the PC market.