Grundfos’s earnings before interest and tax (EBIT) for the first six months of 2016 increased by 29% on 2015, from DKK637 million to DKK824 million. Half-year 2016 turnover however slipped 2.5% to almost DKK11.6 billion. ...
Najran Cement Company has said that its profits for the second quarter of 2013 increased by 140% year-on-year to $17.3m, while profits for the half year were up by 41% to $40.3m (SR: 151.2m). The company said the reason for the ...
Tags: Construction, Decoration, Cement
Sausage casings manufacturer Devro has released a first half year trading update, which reports slower than expected revenue growth, with volumes up just 1%. Devro has reported slower than expected revenue growth in an interim trading ...
Tags: Interim trading statement, Devro
South African supermarket operator Shoprite Holdings said it has maintained its "robust and established" growth pattern, booking an increase in half-year profits. Earnings for the six month period earnings grew 19.6% to ZAR1.70bn ...
Tags: supermarket operator, Shoprite Holdings, growth pattern
Half-year profits at Coles, Australia's second-largest retailer, increased by more than 15%, owner Wesfarmers has reported. Earnings before interest and tax from Coles for the six months to the end of December were up 15.1% at A$755m. ...
Tags: Coles, profits, second-largest retailer
Emmi has continued to see its share price rise after another acquisition deal to improve the Swiss dairy giant's presence in key international markets. This week, Emmi announced it has acquired 70% of Netherlands-based AVH Dairy Trade, ...
Tags: dairy giant, dairy, Dairy Trade, milk products, cheese
Hosting giant Rackspace saw profits grow 55% to $48.3m (pound 31m) in the first six months of this year. Total revenue for the first half of the year was $620m, a 30% jump on the first half of 2011. “At the halfway point in the ...
Tags: Rackspace, profits, total revenue
Tate & Lyle plc has booked a drop in half-year profits, which were dented by one-off charges and investments. The company today (8 November) revealed operating profit fell 26% to GBP187m (US$299.9m) and profit before tax slipped 28% to ...
Tags: Tate&Lyle, half-year profits, exceptional items, investments
A fall in production has hit half-year profits at UK-listed palm oil processor New Britain Palm Oil. CEO Nick Thompson said heavy rain made it harder to collect and transport fresh fruit bunches. The wet weather also meant the fruit ...
Tags: oil process, profits, New Britain Palm Oil, production fall
UK bakery and ingredients firm The Real Good Food Co. has booked a drop in half-year profits, despite rising revenues. The sugar-to-dessert company said profit for the six months to end September dipped to GBP1m (US$161.9m), down from ...
Tags: Real Good Food, profits drop, rising revenues, company news
Swiss food manufacturer Huegli has blamed higher commodity costs for a plunge in half-year profits. The firm, which makes organic consumer brands and supplies other food manufacturers, as well as retailers and foodservice operators, ...
Tags: Huegli, commodity costs, plunge, half year profits
A fall in second-quarter earnings has failed to stop employee-owned US retailer Publix from reporting half-year profits. Publix, which operates 1,055 stores in the south of the US, said today (1 August) its net earnings dipped 0.2% in the ...
Higher second-quarter earnings has led US spice maker McCormick & Co. to report an increase in half-year profits. McCormick reported a 3% rise in first-half net income to US$154.9m. In March, the company had booked a 3% decline in ...
Tags: McCormick, report an increase, higher operating profit
Lower margins from gas sales have hit half-year profits at US c-store retailer Casey's General Stores. Net income fell 6.7% to US$71.9m for the six months to the end of October despite higher sales. Casey's pointed to lower margins from ...
Finnish retailer S Group has booked higher half-year profits on the back of improved sales. S Group today (16 August) reported a 2.9% increase in first-half profit to EUR80.6m (US$99.6m). Retail sales were up 5.8% to EUR5.84bn. The ...
Tags: S Group, half year profits, sales, food company