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11.08

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getquin Daily Summary 11.08.2022

Hello getquin,

today is McDonals, Turkish Airlines and the quarterly figures of Siemens!

Europe🌍:

1. McDonald's starts reopening restaurants in Ukraine

McDonald's Corp. said Thursday that it plans to reopen its restaurants in Ukraine in the coming months. This is the first sign that Western companies are returning to the country, even as the conflict with Russia continues.

The world's largest burger chain had closed all of its restaurants in Ukraine and Russia in March following Moscow's invasion of the Eastern European country.

McDonald's maintained 109 restaurants in Ukraine but did not specify how many would reopen. In May, McDonald's sold most of its 850 restaurants in Russia to one of its local licensees.

Read more: https://reut.rs/3zPgjqj

🟥 $MCD (+0,06%) (🔽 -0,59%)

2. Turkish Airlines increases profit and flies more passengers than before Corona

Turkish Airlines, a partially state-owned airline in Turkey, has dramatically increased the number of flights it offers while posting higher profits than before. The company reported Thursday in Istanbul a net profit of $576 million for the second quarter. For the first six months of the year, the surplus was $730 million, according to the report.

That makes Turkish Airlines quite profitable compared with rival and Star Alliance partner Lufthansa. With the exception of Swiss subsidiary Swiss, Lufthansa's passenger airlines also posted losses in the second quarter. However, as Lufthansa management noted in early August, demand for airline tickets remains high.

Click here for the article: https://bit.ly/3SKKM1y

🟩 $TKHVY (+0%) (🔼 +3,87%)

Quarterly figures:

Siemens $SIE (+0,15%)

EPS: 🟩 €1.12 expected vs €1.39 published; difference: 23.99

Sales: 🟩 €16.84 billion expected vs €17.04 billion published; difference: 1.2

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