Several companies across Brazil, Italy, Spain, and Portugal reported their first-quarter profits for 2025, showing notable growth. In Brazil, BB Seguridade (BBSE3) posted an 8.3% increase in profit, with BrasilPrev highlighted as a key contributor. TIM Brasil (TIMS3) reported a 54% rise in profit, reaching R$798 million, while Caixa Seguridade (CXSE3) achieved R$1 billion in profit. Eldorado Brasil increased its profit by 50%, and Carrefour Brasil reported a profit of R$225 million. In Portugal, Real Vida insurance company grew its profit by 94%, planning to distribute 8.1 million euros to shareholders. Corticeira Amorim's profit rose despite a decline in sales, and Banco Montepio's profit increased by 6.7% to 34.2 million euros. The owner of Pingo Doce saw its profit surge 31.4% to 127 million euros. In Italy, Intesa Sanpaolo posted a first-quarter profit of 2.6 billion euros, a 13.6% increase year-over-year, exceeding market expectations. Banco BPM recorded a record profit of 511 million euros and raised its profit guidance, expecting a 38% jump in 2024 and profits of 1.95 billion euros in 2025. In Spain, Ibercaja's profit rose 47% to 84 million euros in the first quarter. These results reflect a generally positive earnings season across multiple sectors and countries.
Lucro da dona do Pingo Doce dispara 31,4% para 127 milhões no primeiro trimestre... https://t.co/bZfYjYduyM https://t.co/C7n9lCLnF6
Seguradora Real Vida cresceu 94% e vai dar 8,1 milhões ao acionista https://t.co/xxe5vi9jlR https://t.co/3rllHPNms9
Record profit 511 mn, Banco BPM raises guidance. 38% jump on 2024, 2025 profits expected at 1.95 billion #ANSA https://t.co/MlksXXSyqg