Soft drinks firm Britvic is to close two factories and a warehouse, placing up to 400 jobs in jeopardy, in a bid to slash costs by £30M by 2016. Britvic's plans to cut 400 jobs with the closure of two factories and a warehouse are ...
Tags: Soft drinks, Food
Philips operational results improve by 31% to EUR 421 million; net income at EUR 162 million. Frans van Houten, CEO: “We made solid progress again in the first quarter as all sectors contributed to the 31% improvement of our ...
European confectioner Cloetta saw its losses widen in 2012 thanks to the merger that formed the company last year but it reported improved profits in the fourth quarter. In the 12 months to the end of December, the company made a net loss ...
Philips operational results improved by 50% to EUR 875 million, while net income was impacted by significant charges in Q4 • Deal signed to transfer Audio, Video, Multimedia and Accessories business to Funai Electric Co., ...
Tags: Philips, LEDinside, operational results
Arvind Limited, one of the largest integrated textile and branded apparel players, recorded Revenue growth of 16% to Rs. 1405 crores and Net Profit After Tax growth of 46% to Rs. 75 crores for the quarter ended on 31 December, 2012 as ...
Tags: denim maker, textile, apparel
One-off costs have caused profits at ingredients group CSM to fall in 2012, but sales growth and better-than-expected underlying earnings saw the firm's share price jump following its results announcement. CSM's share price rose by 4% in ...
Tags: share price, CSM, net sales
For second-quarter 2012, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $136.5m, down 2% on $139.9m last quarter and 48% on $264.8m a year ago. Fiscal ...
Tags: Veeco, MOCVD, revenue and earnings
Metso will hold a Capital Markets Day event focused on the Group's services business on December 11, at Automation's Valve Technology Center in Vantaa, Finland. Metso's senior management will review the Group's strategy and financial ...
Tags: Metso, Capital Markets Day, services business, future prospects
VKR Holding, under the umbrella of which numerous companies of the window, solar systems and air conditioning/ventilation technology sectors are grouped together, increased its turnover in the 2011 financial year by 4.5% vis à vis ...
Tags: VKR Holding, turnover, details, decline
Philips has released its second quarter and semi-annual results 2012. According to the company, its second-quarter comparable sales have reached to EUR 5.9 billion, increasing by 5%. Other results as following, •Growth led by 7% ...
Tags: Philips, electronics, finacial results
Veeco Instruments Inc.(Nasdaq:VECO)announced its financial results for the second quarter ended June 30,2012.Veeco reports its results on a U.S.generally accepted accounting principles("GAAP")basis,and also provides results excluding ...
Tags: Veeco, North America, financial results, Second Quarter
Philips reports third-quarter comparable sales growth of 5% to EUR 6.1 billion; EBITA of EUR 450 million • Comparable sales up 5%, with all three sectors contributing to growth • Sales in growth geographies up 10% on a ...
Tags: LED, Philips, Q3 financials, healthcare
A "strong" performance from Glanbia's nutrition ingredients business has led the Irish food group to lift its forecast for full-year earnings. Glanbia said it expects its adjusted earnings per share to increase 8-10% on a ...
Tags: Glanbia, nutrition ingredients, earnings, food industry
Produce group Fyffes today (3 September) increased its forecast for annual profits, sending its shares higher. Fyffes said it expects EBITA to hit EUR28-33m (US$35.2-41.5m) up from a previous prediction of EUR25-30m. The company said ...
Tags: annual profits, shares higher, group Fyffes, new guidance
Norwegian conglomerate Orkla has booked a decline in first-half profits from its FMCG division. The loss of contract production in the second half of 2011 had a negative impact on the unit's earnings in the six months to the end of June, ...
Tags: Orkla, consumer goods, first-half profits