Britain’s biggest retailer Tesco enjoyed a happier Christmas than Marks and Spencer, with sales up by nearly 2%, compared with sales down by the same amount at M&S. Online food sales were up by 18% on the same period last year. ...
Tags: Britain, retailer, Tesco, Marks and Spencer
Toledo Mining has put the final piece in place in a deal to develop the Berong nickel venture in the Philippines. Toledo has sold its 31% stake in Nickeline Resources and bought 18.7% of Berong Nickel Corporation of which Nickeline ...
Tags: Toledo Mining, mining, Berong nickel, nickle, metal industry
BERNAMA reported that Malaysia Steel Works Bhd has posted a lower pre tax profit of MYR 7.55 million for the third quarter ended September 30, 2012, compared with MYR 17.46 million in the same period last year. The company revenue, however, ...
UK retailer Marks and Spencer today (22 May) hailed the "strong" performance of its food business, which posted higher sales and margins in a year when company-wide profits fell. The company reported a 0.2% fall in underlying pre-tax ...
Tags: Marks and Spencer, food business, sales, profit
At their EGM held on November 30th 2012, the shareholders of OJSC Rosneft elected a new Board of Directors now consisting of 9 members. The new Board of Directors is as follows: Mr Matthias Warnig MD of Nord Stream AG; Mr Mikhail V ...
Tags: OJSC Rosneft, oil company, IFRS
In half-year results published this morning, for the six months to 31 October, the group posted a 62% year-on-year rise in revenue to £1.67bn, while pre-tax profit rose 62.5% to £106.1m. The increase was driven by the ...
Tags: SCA Packaging, plastic packaging, packaging
In particular, Severstal CYBB Limited, Lybica Holding BV withdrew from Severstal's authorized capital after divestment of their stakes. Holdgrove Limited acquired the right to own 3.2% of Severstal shares Holdgrove Limited increased its ...
Tags: Severstal CYBB Limited, mining enterprises, gold mining assets
Ocado today (26 June) said first-half profit before tax was "in line" with last year as the group booked a jump in sales. The UK online retailer booked pre-tax profit of GBP0.2m (US$0.3m) on gross sales which were up 12% to GBP332.3m. ...
Tags: Ocado, first-half profit, UK online retailer
Sainsbury's, the UK's third-largest grocer, today (9 May) reported a 7% increase in annual underlying profits, ahead of City forecasts. The company booked underlying pre-tax profits of GBP712m (US$1.15bn) for the 12 months to 17 March, a ...
Tags: profits, grocery market, grocery, sales
Dairy Crest has booked a 16% drop in first-half adjusted profits as continued difficulties at its milk unit weighed on the bottom line. The Cathedral City cheese maker said adjusted pre-tax profit fell to GBP19.1m (US$30.5m) for the six ...
Tags: pre-tax profit, Sales drop, milk sector
The UK's largest cash and carry wholesaler Booker Group has posted a 13% rise in first-half profits, beating market expectations and prompting shares in the group to jump in morning trade today (18 October). In its half-year earnings ...
Tags: first-half profits, market expectations, full-year profit
Bernard Matthews has said it is "cautious" on the outlook for the coming 12 months, despite returning to profit in its last financial year. The company said pre-tax profit in the 12 months to 1 July rose to GBP2m (US$3.2m). In the ...
Tags: feed costs, consumer sentiment, turkey
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 ...
Taiwan-based LED epitaxial wafer and chip maker Epistar has received more orders than originally expected for LED chips used in backlight units (BLUs) from South Korea-based LCD TV vendors in December, according to the company. Due to ...
Tags: Epistar, TV, LCD TV, LED chips, BLUs, more orders, CD TVs
Maruti Suzuki India, a subsidiary of Japanese automaker Suzuki Motor, is planning to increase its diesel engine production capacity to 700,000 units by 2014. Currently, the company has a diesel engine production capacity of 300,000 units ...