Australian retail distributor Metcash has booked a drop in full-year profit. For the 12 months to the end of April, earnings dropped to A$90m (US$90.4m) from A$241.4m in the prior-year. Metcash blamed the decline on restructuring costs ...
Tags: Metcash, full year profit drop, food retail, food industry
Swedish confectioner Cloetta has today (24 August) reported higher half-year losses, hit by higher commodity costs but also its merger with rival Leaf International. Cloetta booked a loss of SEK241m (US$36.5m) for the six months to the ...
Tags: Cloetta, operating profit, operating loss, sugar
Boosted by growth in all segments,Jotun Group announced strong tertiary and year to date numbers in its latest financial report. "We are happy with the continuous sales growth and EBITA development after a challenging 2011,"said Morten ...
Tags: Jotun Group, financial report, coatings
Shares in Dutch food group CSM closed up today (8 August) after the company reported half-year profits that beat analyst forecasts and it provided an update on the planned sale of its bakery business. CSM shares finished 3.05% higher on ...
Tags: Dutch food, bakery businesses, net sales
Dutch ingredients group CSM said its first-quarter profits were down by more than a quarter today (24 April), as weakness at its bakery supplies unit continued to weigh on the group's results. EBITA excluding one-off costs in the first ...
Tags: Csm Profits, Dutch ingredients group, industry channels
Dutch food group CSM reported a decline in third-quarter profits today (25 October) as one-off costs hit earnings. In the three months to the end of September, EBITA fell to EUR20.9m (US$27.1m) from EUR28.3m a year earlier. One-off ...
"Weak" global consumption of chocolate hit profits at Singapore chocolate and cocoa group Petra Foods in the third quarter. Petra said its cocoa ingredients division started the year on a "positive" note but said the industry is facing ...
Tags: Petra Foods, chocolate, Singapore chocolate, cocoa
Net profit slides to EUR146.3m Underlying net profit, pre-tax profit rises Sales, margins improve Swiss bakery group Aryzta said that its performance for fiscal 2012 was "satisfactory" as it booked a decline in net profit, despite ...
Australian retail distributor Metcash has recorded a drop in first-half earnings as a results of store closures in the period. Earnings in the six months to the end of October dropped 13.1% to A$82m (US$85.4m), the retailer said today (30 ...
Tags: retail, Metcash, store closures, earning dropped
Dutch food ingredients firm CSM expects to make a major progress on the sale of its bakery unit by early 2013. The company is currently undertaking preparatory work to divest the unit. CSM's bakery unit, which supplies ready-made muffins ...
Tags: ready-made muffins and croissants, bread and pastry mixes
Taipei, Nov. 13, 2012 (CENS)--Taiwan Mobile Corp., Chunghwa Telecom Co., Ltd. and Far EasTone Telecom Co., Ltd. made more-than-expected profits in the first 10 months of the year, with Taiwan Mobile leading industry peers. In the ...
Tags: Chunghwa Telecom Co., Far EasTone Telecom Co., Ltd., mobile, telecom
1. Philips Introduces LED BR30, Says 100w-Equivalent A21 to Ship Dec 1 Philips Lighting has announced a new LED BR30 that dims to a warm 2200K and an LED T8 retrofit tube with an external driver, and said that it will be first to market ...
For third-quarter 2012,epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview,NY,USA has reported total revenue of$127m,while its adjusted EBITA(earnings before interest,income taxes and amortization)and ...
Tags: Veeco, revenue and earnings, NY
Veeco Instruments Inc. (Nasdaq: VECO) announced its financial results for the third quarter ended September 30, 2012. Veeco reports its results on a U.S. generally accepted accounting principles ("GAAP") basis, and also provides results ...
In the last quarter, LED-based sales at Philips were 24% of total lighting sales. Also, the company has published a paper with Cisco that discusses connected public LED lighting in cities. Philips' ...
Tags: LED Light