Spanish food group Ebro Foods has recorded an increase in profit in the first nine months of the year driven by the integration of businesses acquired last year and innovation. Ebro posted a net profit of EUR110m (US$141.6m) in the ...
Tags: profit rise, Ebro Foods, acquisition, food industry
Russian retailer Magnit has booked an increase in profit in the first nine months of the year, boosted by a high pace of new store openings and a focus on low prices. In the nine months to the end of September, net income soared 140.6% to ...
Russian retailer Dixy has booked an increase in profit in the third quarter of the year. Earnings in the three months to the end of September amounted to US$8.7m, a 7.2% increase on the prior year period. Operating profit climbed 1.4% ...
Tags: Net profit, Operating profit, Net sales
Swiss food company Nestlé has reported an 8.9% increase in profit to CHF 5.1bn ($5.2bn) for the first half of 2012, compared to CHF4.7bn ($4.8bn) in 2011, helped by higher pricing and strong demand from emerging markets. Sales ...
US-based Hormel Foods has reported that its net earnings for the third quarter ended 29 July 2012 increased 13% to $111.2m, compared to $98.5m in 2011, due to strong performance of its grocery products unit. Sales for the quarter ...
The global packaging giant posted its results for the year ended 30 June 2012 this morning (21 August). It said that it had achieved record profit after tax of $634.9m, up 11.3%, compared to the same period last year. It also announced ...
Tags: Amcor, profit, packaging, company profit
Union Cement reported a turnaround in its profitability despite flat sales in the first half of the year. The company said that net profit for the first nine months grew to $12.2m, compared with a loss of $7.3m during the same period last ...
Tags: market view, cement
Taiwanese PCB (printed circuit board) makers reported mixed operation results for the third quarter, with Compeq Manufacturing Co., Ltd. Witnessing after-tax net income surging the most sequentially and Unitech Electronics Co., Ltd. ...
Tags: market view, PCB
Spanish discount retailer Dia has booked an increase in profit in the first nine months of the year,boosted by growth in emerging markets. The Spain-listed company,which was spun off by France's Carrefour last year,saw its net profit ...
Tags: emerging markets, net profit, net sales
Cement results 1Q12 Dangote Cement has released its financial results for 1Q12. The results reveal an 8.9% y/y increase in profit before tax, rising from N27.4 billion in 2011 to N31.6 billion in 2012. Operating profits grew 13.7% y/y to ...
Tags: market view, cement