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FX headwinds

  • CAB Payments posts slump in profit as currency shifts drag down earnings

    Banking

    Fintech CAB Payments has reported a slump in profit for first half of 2024 as currency shifts continued to weigh on its earnings.

    The recruitment industry is grappling with a slowdown in hiring among UK employers and wider macro-economic uncertainty.
  • Coca-Cola HBC hit by exchange rate headwinds despite sales growth

    Coca-Cola HBC

    The bottling giant said revenue only grew by one per cent in the quarter, primarily due to foreign exchange turbulence, the company said. 

    Coca-Cola (Unsplash/ laura-chouette)

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