Dossier
pre-tax profits
Coverage of pre-tax profits in the Nexus archive.
- UBS CEO says the AI pullback is healthy — but there’s a bigger risk investors should watch
UBS reported $3.6 billion in pre-tax profits for the quarter. CEO Sergio Ermotti described the AI pullback as 'healthy' but highlighted risks from geopolitical volatility.
- Ocado chief says he won’t be a ‘puppet master’ amid apparent succession row
Ocado CEO Tim Steiner denies he will act as a 'puppet master' in a succession dispute, as the company's shares fall nearly 15% due to a sharp drop in pre-tax profits to £17m. Steiner, who plans to step down in 2028, stated any successor would work with him.