Russian grocery retailer Magnit has booked a 142% jump in first-half profit, driven partly by higher sales. Magnit said today (24 July) its net profit for the six months to the end of June rose to US$339.6m. Sales increased by 33%, ...
Tags: Magnit, grocery, profit, company news, sales
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 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
Canadian food manufacturer Maple Leaf Foods has booked a drop in first-half profits. In the six months to the end of June, net earnings amounted to C$33.3m (US$33.2m), a 5.2% decline on the prior year. Adjusted operating earnings, ...
Tags: profits, food manufacturer, food, net earnings
French vegetable processor Bonduelle has booked an increase in full-year earnings, with sales growth outside of Europe offsetting weakness on the continent while cost cutting initiatives and lower financing costs boosted the bottom line. ...
Tags: vegetable processor, net income, Bonduelle
OAO TMK, one of the world's leading producers of tubular products for the oil and gas industry, announced its interim consolidated IFRS financial results for the nine months ending September 30, 2012. 3Q 2012 Highlights In line with ...
The Board of Directors of Salvatore Ferragamo S.p.A.,parent company of the Salvatore Ferragamo Group,one of the global leaders in the luxury sector,meeting under the chairmanship of Ferruccio Ferragamo,examined and approved the Consolidated ...
Tags: Salvatore Ferragamo S.p.A, Salvatore Ferragamo Group, luxury sector
Business software provider SAP has posted strong Q3 financial results,with cloud representing a key area of growth. The firm's software revenues rose to€1bn,a rise of 17 per cent compared with this time last year.Cloud subscriptions ...
Tags: FaceBook, Strong Q3 for SAP While, Mobile Revenue Growth
Bauer Performance Sports Ltd.announced its financial results for the first quarter of Fiscal 2013 ended August 31,2012 reported under IFRS. Revenues grew by 4%(8%excluding the impact of foreign exchange)to$148.3 million in the first ...
Tags: Bauer Performance Sports, financial results, IFRS, apparel
Architectural and external lighting manufacturers Hess is planning an initial public offering in the Prime Standard of the Frankfurt Stock Exchange,the proceeds from which will be used mainly to finance further growth. Hess,which has been ...
Tags: lighting, Hess, public offering
X5 Retail Group has booked a 20.6% decline in first-half profits, with declining sales and margins hitting the bottom line and currency exchange dampening comparisons. The company said today (21 August) net profit slipped to US$135.2m in ...
Tags: retailer, net sale, report, X5 Retail Group
5N Plus'revenue falls 14%in Q2 5N Plus Inc of Montreal,Quebec,Canada,a producer of specialty metal and chemical products,has reported results for second-quarter 2012,with numbers for the comparable period to end-May 2011 restated to ...
Dutch Financial conglomerate ING posted 17.8% fall in underlying net profit for the second quarter of 2012, which was €1.04bn, compared to €1.52bn during the same period last year. The diversified financial startup blamed ...
Tags: Financial conglomerate, ING, net profit
SAP's revenue for the second quarter grew 18 percent over the same quarter last year to AA!3.9 billion(US$4.9 billion)following record software revenue of over AA!1 billion,it reported on Tuesday. The business software company in ...
Tags: SAP, Cloud, mobile, business software company
SAP's software revenue grew 26%in its second quarter to 1.06 billion euros(US$1.3 billion),coming in at the high end of expectations,the company announced Thursday. Software and software-related services revenues rose 21%to 3.12 billion ...
Tags: SAP, software revenue, HANA, cloud software market