Belgium-based Ter Beke has reported a sharp drop in half-year profits, due to higher raw material costs and one-off charges. For the six months to the end of June, the meat and ready meals group said net profit sank by 31% on the same ...
Tags: Net sales, EBITDA, net profit
Shares in Kettle Chips owner Diamond Foods tumbled today(10 December),the first day of trading after the US snack group reported a fourth-quarter loss. Diamond's stock was down almost 9%today after the company booked a loss of US$32.9m ...
Tags: Diamond Foods, stock, financial results, loss
Agribusiness giant Bunge has booked a jump in third-quarter income, which more than doubled as sales benefited from rising grain prices. The company said net earnings in the three months to the end of September rose to US$289m, up from ...
Tags: Agribusiness, grain prices, grain, grain trader
Associated British Foods today (10 September) revealed it had taken an impairment charge of A$150m (US$155m) on its Australian meat business as it battles "difficult" trading conditions in the market. The UK-listed group announced the ...
Tags: Australia, ABF, impairment charge, meat business
For its fiscal fourth-quarter 2012 (to end-August), LED chip and component maker SemiLEDs Corp of Hsinchu Science Park, Taiwan has reported revenue of $5.5m, up 3% on $5.3m a year ago but down 40% on $9.2m. last quarter. Revenue for ...
Tags: SemiLEDs, LED chip, LED component, LED projects, metal vertical photon LED
US dairy company Dean Foods has swung to a profit of$36.44m in the third quarter of 2012,compared to a loss of$1.55bn in 2011,when the company incurred a$1.9bn goodwill impairment charge related to its Fresh Dairy Direct segment. Net ...
Tags: profit, net sales, quarter results
US-based food manufacturer Ralcorp Holdings plans to consolidate its cereal,pasta,and snacks,sauces&spreads businesses into a single firm. Through the restructuring,the company expects to gain annual pre-tax cost savings of about$26m ...
Tags: cereal, pasta, snacks, sauces, consolidate
Levi Strauss & Co. announced financial results for the third quarter ended August 26, 2012. Third quarter 2012 net revenues declined 9 percent on a reported basis and 4 percent on a constant currency basis. These results reflect the ...
Tags: Levi Strauss, revenues, financial results, third quarter
Akzo Nobel N.V. reported a 6% increase in third quarter revenue compared with the same period last year. This was due to favorable currency effects and pricing actions. EBITDA for Q3 was 7% higher at €540 million. AkzoNobel has ...
Tags: AkzoNobel, Revenue, Third Quarter, Increase
Hewlett-Packard is taking an $8.8 billion charge as a result of what it called serious accounting improprieties that occurred at U.K. software company Autonomy before it acquired the firm in 2011. Taking the charge into account, HP ...
Tags: HP, software, enterprise search engine, PC
Retailer Saks Incorporated announced results for the third quarter and nine months ended October 27,2012. Sales for the Third Quarter and Nine Months Ended October 27,2012 For the third quarter ended October 27,2012,total sales ...
Dick's Sporting Goods Inc.,the largest U.S.-based full-line sporting goods retailer,reported sales and earnings results for the third quarter ended October 27,2012. Third Quarter Results The Company reported consolidated net income for ...
Tags: Dick's Sporting Goods, full-line sporting goods retailer
The Warnaco Group Inc. reported results for the third quarter ended September 29, 2012. The Company believes it is valuable for users of the Company's financial statements to be made aware of the adjusted financial information; as such ...
Tags: Warnaco Group, results, third quarter, net revenues
ST. LOUIS --- Furniture Brands International reported today that it cut its third-quarter net loss to $18 million on a 0.9% drop in sales. The most recent quarterly loss, which equals 33 cents per share, compares with a net loss of $24.5 ...
Tags: Furniture
The Dow Chemical Company announced a restructuring program designed to accelerate cost reduction actions and advance the next stage of the Company's transformation in the midst of persistently slow macroeconomic growth. These actions will ...
Tags: The Dow Chemical Company, Ribaforada, Tessenderlo, polyethylene facility