Altos Hornos de Mexico and subsidiaries (AHMSA) reported Thursday an EBITDA of 558 million pesos (US$46 million) at the end of Q1 2013. During the period, AHMSA sold 860,266 tons of steel products, with revenues of 9.003 billion pesos ...
Tags: Altos Hornos, Mineral
Samsung Electronics said its Galaxy S3 and Note 2 helped it to defy a shrinking smartphone market in the first quarter, boosting its overall profits by 42% from a year ago. The company said Friday its net profit was a record $6.4 billion ...
Tags: Samsung, Computer Products
Alcatel-Lucent's first-quarter revenue inched up 0.6 percent year on year, but it reported a net loss after making a profit a year earlier. Sales for the quarter ended March 31 totalled €3.2 billion, up 0.6 percent, but the net loss ...
Tags: Alcatel, Computer Products
Swedish-based iron ore producer LKAB has issued its financial results for the first quarter of 2013, stating that its target for a 35 percent increase in planned deliveries by 2015 remains unchanged. The licensing process for the Mertainen ...
Tags: Net Profit, Mineral
Finnish mining and metal manufacturing equipment provider Outotec has issued its financial results for the first quarter of 2013. Accordingly, in the first quarter the operating profit of Outotec increased to €31.7 million, up 14.85 ...
Swedish specialty steel producer SSAB has posted its financial results for the first quarter of the current year, reporting a net loss of SEK 137 million, compared to a net profit of SEK 281 million in the corresponding quarter of 2012. The ...
Tags: Metallurgy, Mineral, Energy
Finland-based steelmaker Ruukki has issued its financial results for the first quarter of 2013, reporting an operating profit of €5 million, compared to an operating loss of €15 million in the corresponding quarter of 2012. Net ...
Tags: Metallurgy, Mineral, Energy
Finland-based stainless steel producer Outokumpu has announced that it expects to reduce up to 2,500 jobs globally between 2013 and 2017, as part of its intention to significantly reduce its operating expenses and return the company to ...
Tags: Metallurgy, Mineral, Energy
Brazil-based miner Vale has announced its financial results for the first quarter of the current year, reporting a net profit of $3.2 billion, decreasing by 10.1 percent compared to the first quarter of the previous year. The company's ...
Tags: Metallurgy, Mineral, Energy
For the quarter ended March 30, 2013, net sales declined 3 percent to $945 million, operating profit increased substantially to $85 million, and EPS improved to $0.51 from a $0.25 loss a year ago. While net sales for the first quarter ...
Tags: Hanesbrands, Apparel
The Australian Competition and Consumer Commission (ACCC) has announced that it will not oppose the proposed acquisition by Virgin Australia Holdings Limited of 60% of Tiger Airways Australia Pty Ltd. Virgin Australia is the second ...
Tags: Virgin Australia, Tiger Takeover
Allied Bakeries is on target to commission its largest bread plant, with a capacity of 10,000 loaves an hour, at Walthamstow in East London this summer. Allied Bakeries plans to commission its largest bread plant, with a capacity of ...
Tags: Allied Bakeries, Food
Ahlstrom made changes to its financial segment reporting as of January 1, 2013 as the former Filtration business area was divided into two separate segments: Advanced Filtration and Transportation Filtration. In addition, a new reporting ...
Tags: Ahlstrom, Filtration Business, Textile
Swedish high-technology engineering and steelmaking group Sandvik has issued its financial results for the first quarter of 2013, stating that global demand for Sandvik's products displayed a mixed trend during the first quarter. Some ...
Tags: Sandvik, Net Profit
Celanese Corporation, a global technology and specialty materials company, reported first quarter 2013 adjusted earnings per share of $1.14 versus $0.79 in the prior year quarter. First quarter 2013 financial highlights: -GAAP operating ...
Tags: Textile, Textile Industry