The first increase in dairy sales volumes for nearly two years in the fourth quarter of 2012 has helped Danone round off a challenging year on a positive note. Danone, which was forced to issue a profit warning in June amid poor sales in ...
Tags: Danone, 2012, Dairy Boost
The sharemarket jumped to a 21-month high as stronger than expected trade data for China boosted confidence in Australia's biggest trading partner, and as the Reserve Bank said it had scope for further interest rate cuts. Shares were also ...
Tags: sharemarket, Shares, benchmark
As the second largest telecommunication equipment provider, ZTE Corporation expressed that they were confident about selling more than 50,000,000 smart phones in 2013, more than expected. ZTE predicted smart phone sale would get 70% of ...
Tags: ZTE, China, Consumer Electronics
UK retailer Tesco booked better-than-expected UK sales over the key Christmas trading period as the group benefited from the various initiatives under its domestic turnaround plan. The group has invested in improving its customer ...
But the infrared imaging company increased earnings despite sharp year-over-year contraction in sales. Electrical fault? The CEO of FLIR Systems has described the thermal imaging company's second financial quarter of 2012 as"extremely ...
Tags: FLIR Systems, infrared imaging, profit, cost-saving, Optic
Grocers undoubtedly felt the economic pressures in 2012 with discounters enjoying buoyant growth as a result of an increase in value-seeking consumers. Shoppers' focus on value led to rising online sales and further investment in the ...
Tags: economic pressures, buoyant growth, value-seeking consumers
Tesco, the UK's largest retailer, said this morning (11 June) its performance in the first quarter of its financial year had been "solid" despite another period of falling domestic like-for-like sales. The company reported a 1.5% decline ...
Tags: Tesco, falling domestic sales, like-for-like sales, Kantar
Chinese infant formula group Synutra International has lowered its full-year outlook for a second time, having booked a second-quarter loss. The company said net losses totalled US$44.2m in the three months to the end of September, ...
Tags: Synutra, infant formula group, full-year outlook, second-quarter loss
German retail giant Metro Group has issued a profit warning for the full year amid a "worsening" European consumer environment and its impact on spending. The world's fourth-largest retailer said it expects EBIT before special items to ...
Tags: Metro Group, profit warning, consumer environment, food industry
Swiss food manufacturer Huegli has said its 2012 profits will not hit its forecasts after a drop in sales in recent months. Huegli, which makes products from soups to desserts, saw revenues increase in the first half of the year but ...
Tags: Huegli, profits, sales drop, food industry
French dairy group Danone has warned that its profits will be hit by weaker margins during fiscal 2012. Danone today (19 June) lowered its margins outlook for the financial year from "stable" to "down 50 basis points", citing a weak ...
Tags: margins outlook, Sales target, margins
UK sausage-skin maker Devrp has warned that its full-year operating profit will likely miss forecasts. The company blamed higher input costs and the negative impact of currency exchange, due to a weak Czech crown. Nevertheless, the ...
Tags: Profit Warning, operating profit, productivity initiatives
French retail giant Carrefour has suggested that efforts to improve the performance of its hypermarkets in France were paying off, despite sales falling in the second quarter of the year. Like-for-like sales from Carrefour's French ...
Tags: Hypermarkets, Carrefour, retail giant, market
The long-awaited disposal of Metro's Real grocery chain in eastern Europe was finally announced this week, putting an end to months of speculation over the future of the division. French retail giant Auchan was the buyer, securing the ...
Tags: Aucha, Real grocery chain, Metro's Real, grocery
Rival smartphone makers Apple and HTC have settled all outstanding disputes over patents. The agreement has seen HTC both losing and winning court battles against Apple in just over two-and-a-half years of legal wrangling. In ...
Tags: Apple, HTC, Android operating system, smartphone