Flour Mills of Nigeria plans to invest N200bn($1.25bn)in various projects,in order to boost food production in Nigeria. The plan was disclosed by the company's chairman George Coumantaros at its 52nd annual general meeting in Lagos. ...
Tags: Flour Mills, food production, pasta
Flour Mills of Nigeria plans to invest NGN100bn($623.36bn)in Nigeria over the next five years,to take advantage of the increasing demand for pasta,bread and fast food in the country. The company plans to double its existing milling ...
Tags: Flour Mills, fast food, pasta, bread
Reuters reported that copper production at Chile's Codelco slipped 5 percent in the January to September period from a year earlier to 1.189 million tonnes as dwindling ore grades at ageing deposits dampened output. The state run miner ...
Tags: Chile's Codelco, Chile, Copper Output, copper
Efficiency improvements and successful price negotiations are helping meat firm Cranswick offset the impact of rising feed costs,according to City analysts commenting on its interim results for the six months to September 30. Reported ...
Tags: Cranswick, feed costs, input costs
Meat company Cranswick is conducting"unprecedented"negotiations with retailers,as pig feed prices continue to rise,according to City analyst Panmure Gordon. In a note on the firm's interim results–due to be published on Monday ...
Tags: pig feed, Pork prices, Cranswick
Growth in own-label food has helped Sainsbury achieve a 2.5%rise in profits to £405M in the six months to September 29. Underlying profit before tax climbed by 5.4%to reach £373M. The retailer's ceo Justin King told BBC ...
Tags: profits, retailer, grocery market
BT's sales have fallen across all of its divisions, despite being ahead of schedule with its superfast broadband roll-out. BT recorded revenues of £4.47bn for the second quarter of 2012 – ending 30 September – which is ...
Tags: BT, superfast broadband, broadband, fibre broadband network
BASF India Limited registered sales of Rs 10,066 million for the second quarter ended September 30, 2012 as compared to Rs 9,593 million for the corresponding period of the previous year, representing an increase of 5% on a comparable ...
Tags: BASF India, second quarter, EPS business, Styropor Production
,the multi-channel retailer,announces its Half Year results for the 26 weeks ended 1 September 2012. Highlights: Total revenue(£379.3m+4.3%) Operating Profit(£45.7m-2.8%) Profit before tax and fair value ...
Tags: N Brown Group, Half Year results, Total revenue, Profit before tax
Tesco plc announces interim results 2012/13. Financial headlines: •Group sales up 1.4%to£36.0bn(up 3.2%at constant rates);Group sales exc.petrol up 1.6%(up 3.7%at constant rates) •Statutory profit before tax ...
Premier Investments Limited (Premier) reported a profit before tax of $92.8 million and a net profit after tax of $68.2 million NPAT for the year ended 28 July 2012, up 68 percent on the previous year. Premier Retail (The Just Group) EBIT ...
Tags: Premier, Premier Retail, successful implementation, strong contributions
Debenhams plc, the leading international, multi-channel brand, announces a trading update for the 52 weeks to 1 September 2012 ahead of its full year results on 25 October 2012. Key highlights • Strong like-for-like sales ...
Tags: Debenhams, trading update, sales growth, modernised stores
BT today reported a 6% drop in overall revenues for the first quarter of 2012, blaming the economic downturn for its poor performance. Revenue fell from almost £4.8bn to £4.48bn compared with the same quarter last year, with ...
Tags: BT, long-troubled Global Services, financial services, European Economy
Aarti Industries, a manufacturer of chemicals and pharmaceuticals, has decided to merge the manufacturing division of Anushakti Chemicals and Drugs with it. Anushakti Chemicals is an associate company of Aarti with 49.67% stake, and is a ...
Tags: cooperation, chemical service, manufacturer
UK confectioner Thorntons has maintained a cautious outlook, despite seeing some improvement in sales trends during the fourth quarter. The company, which sells chocolates through supermarkets as well as its own and franchised stores, ...
Tags: confectioner, Q4 sales, chocolates, candy, Thorntons