Australian wholesaler and distributor of groceries and hardware products Metcash Limited (Metcash) has announced a drop in its Underlying Profit after Tax of 9 per cent, to $101.7 million, which it said was due to “ongoing operating ...
Tags: hardware products, groceries, Agriculture
Just like Australia Post, the UK's Royal Mail is experiencing a loss of profitability from the parcel boom and mail bust. It is, however, also looking down the barrel of Amazon’s own delivery network, which threatens future growth ...
Tags: Royal Mail, Parcel Pinch, Service
Monro Muffler Brake Inc. posted net income of $16.3 million on net sales of $221.3 million for its second quarter ended Sept. 27, 2014. That compares to income of $13.6 million on sales of $205.3 million for the same period last year. The ...
Akzo Nobel N.V. has reported positive volume growth and, for the fifth consecutive quarter, an improvement in Return on sales (ROS) – from 8.0 percent to 9.1 percent. Excluding restructuring costs of €55 million, ROS was 10.6 ...
Tags: AkzoNobel, Performance Coatings
Tough market conditions led to Swedish fashion retailer – Bjorn Borg, a marketer of innerwear and sportswear, witnessing decline across all key financial parameters including sales, net profit and EPS in the second quarter of 2014. ...
Tags: Tough market, Bjorn Borg, Apparel
Taiwan's leading machine-tool makers remained profitable in the first half (H1), 2014 despite the revaluation of the new New Taiwan dollar against the U.S. dollar, which seriously compromised gains from foreign exchange in H1. Industry ...
Tags: Machine Tool, motivate machinery, Machinery
AVX Corporation (NYSE: AVX) today reported preliminary unaudited results for the first quarter ended June 30, 2014. Chairman and Chief Executive Officer, John Gilbertson, stated, “We saw improved first quarter operating results ...
Tags: AVX, Electrical, Electronics
Akzo Nobel N.V. reported positive volume development in all three Business Areas. Second quarter revenue of €3,710 million was 4 percent lower compared with the same quarter last year. The decrease was mainly due to 5 percent adverse ...
Tags: Akzonobel, Report, Decoration
PPG Industries' industrial coatings business has published a brochure covering its full line of coating, pretreatment and customer support solutions for designers and manufacturers of consumer electronics. The four-page booklet details ...
Tags: PPG, brochure, Decoration
Glatfelter reported second quarter 2014 net income of $4.7 million, or $0.11 per diluted share, and adjusted earnings of $3.8 million, or $0.09 per diluted share. For the second quarter of 2013, net income was $0.9 million, or $0.02 per ...
Tags: Glatfelter, Income, Textile
Momentive Specialty Chemicals Inc. announced results for the first quarter ended March 31, 2014. First Quarter 2014 Highlights -Total revenues increased 8% to $1.29 billion primarily reflecting increased volumes in our oilfield, ...
German PVC producer Vestolit expects European polyvinyl chloride (PVC) demand to grow at a pace of 2-3% a year, following years of contraction, amid a revival in the construction sector, company CEO Michael Trager said Monday. Over 60% of ...
Tags: PVC Demand, economic crisis
American Apparel, Inc., a vertically integrated manufacturer, distributor, and retailer of branded fashion-basic apparel, announced financial results for its first quarter ended March 31, 2014. Financial Performance Summary for the ...
Tags: Apparel, fashion-basic apparel
Greenville-based AVX Corp. said net income for its fiscal year ended March 31 increased 24% to $127 million, up from $102.1 million the prior year. The prior-year figure excludes a $266 million chargeThe amount of electricity present upon ...
Solvay Group announces first quarter results for 2014. Q1 highlights -Group net sales at € 2,552 m, up 1% yoy, with volumes 3%, prices (1)%, forex (4)% and scope 4%. -REBITDA at € 467 m, up 11% yoy driven by volume growth ...