Glanbia Co-op has proposed to create a strategic joint venture named Glanbia Ireland encompassing Glanbia Ingredients Ireland, Consumer Products & Agribusiness. Glanbia Co-op also proposes a €100m “spin-out” of Glanbia ...
Tags: Glanbia, Premier Milk
After the third quarter of the 2016/2017 financial year, Heidelberger Druckmaschinen is still on course to increase its annual profit as planned. For example, during the third quarter (October 1 to December 31, 2016), the operating result ...
Vetropack Group significantly enhanced its revenue in the first half of 2016. Vetropack Italia, a member of the Group since early August 2015, making a major contribution of over 10%. Net sales from goods and services amounted to CHF ...
Australian drinks company Coca-Cola Amatil Ltd’s underlying profit declined by a quarter (25.3%) to AUD375.5m ($292.8m) in the 12 months ending December due to drop in volumes of soft drinks. The firm's core brands saw dip in sales ...
French yogurt maker Danone is contemplating sale of its 20% stake in Tokyo based dairy-drink producer Yakult Honsha, which if materialised, can raise cash for any future acquisitions by Danone. Bloomberg reported that Danone already had ...
Tags: Danone, Yakult, Agriculture
A large number of textiles exporters are facing a huge financial crunch due to substantial delay in getting duty drawback since the last five months from all the major ports. According to Shri Manikam Ramaswami ,Chairman, “The ...
Tags: textiles, Textiles Export
The supermarket has announced falling profits for second year in a row, dropping to £3.3bn. Tesco has reported a six per cent fall in group trading. For the second year in a row, the supermarket has announced falling profits, with ...
Tags: Tesco, supermarket
In 2013, despite the complex and competitive market environment, the major business of FAW Wuxi Diesel Engine Factory experienced steady growth with its diesel engines sales up by 9%, the main business income increased by over 15% year on ...
Tags: Auto Parts, Transportation
Ssangyong Motor (CEO Lee Yoo-il;www.smotor.com), part of the Mahindra Group, today announced that the company achieved its highest revenue last year since its establishment, driven by global sales growth despite the overall sluggish demand ...
Tags: Ssangyong Motor, Auto Parts
John Sommers II for Transport Topics Paccar Inc. said its profit grew 31.8% in the fourth quarter as European truck demand increased and business improved in its parts and financial services units. Paccar earned $334.2 million in the ...
Tags: Transport
Carr's Milling Industries is eyeing acquisitions in the UK and overseas for all of its divisions, including its food business, which supplies flour to bakers and baked good manufacturers. Carr's Milling opened its Kirkcaldy flour mill for ...
Tags: Carr's Milling, eye, acquisition
Chinese display manufacturer BOE Technology Corp. (BOE) has released their 3Q13 financial report. Gross revenue for July-Sept. 2013 reached RMB 8.52 billion (US $1.4 billion) with a gross profit margin at RMB 499 million, doubling from last ...
A Russian business delegation went on a fact-finding tour to Vietnam's central Binh Dinh province late last week to have a better look at the Nhon Hoi Oil Refinery Complex, which will be built in the locality, state-run Vietnam News Agency ...
Tags: Metallurgy, Mineral, Energy, oil
Wild hogs take the headlines when it comes to crop destruction, but for many farmers, birds should get top billing. Bird damage across the United States costs growers hundreds of millions in annual profit — an approximate $50-million ...
Tags: Agriculture, Food
PetroChina Co Ltd, the nation's leading oil and natural gas producer, said on Thursday it expects a 20-billion-yuan ($3.3 billion) annual profit boost from the government's natural gas price reform. That inflow will further buoy the ...
Tags: PetroChina, natural gas producer