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Company News
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Australian Retail Distributor Metcash Has Booked a Drop in Full-Year Profit
Dec 11, 2012Australian retail distributor Metcash has booked a drop in full-year profit. For the 12 months to the end of April, earnings dropped to A$90m (US$90.4m) from A$241.4m in the prior-year. Metcash blamed the decline on restructuring costs ...
Tags: Metcash, full year profit drop, food retail, food industry
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Retailer Dairy Farm International Holdings Has Said It Is Trading Ahead of Last Year
Dec 11, 2012Pan-Asian retailer Dairy Farm International Holdings has said it is trading ahead of last year, with growth recorded across the majority of its business. The company said sales and earnings increased in the period from 1 July to 6 ...
Tags: Dairy Farm, food trading, food industry, company news
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Recent Acquisition Indo Pacific Housing Finance Has Been Renamed as L&T Housing Finance
Dec 11, 2012PTI quoted L&T Finance Holdings said that its recent acquisition Indo Pacific Housing Finance has been renamed as L&T Housing Finance. The company said that the new nomenclature is effective December 4th. Mr Dinanath Dubhashi finance ...
Tags: PTI, L&T Finance Holdings, Indo Pacific Housing Finance, nomenclature
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Saint-Gobain Glass Launched a Number of New Initiatives and Improvements for Members
Dec 11, 2012Saint-Gobain Glass UK Ltd has launched a number of new initiatives and improvements for members of its PLANITHERM Network as the award-winning TV campaign is confirmed to run throughout 2013.These include an advanced online marketing ...
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CREE Is Claiming 170 Lm/W with Good Colour Rendering From a Lab Prototype LED Light Bulb
Dec 11, 2012Cree is claiming 170 lm/W with good colour rendering from a lab prototype LED light bulb. "LED lighting at this level of performance is only made possible by advancements across all elements of the LED lighting system:lighting-class ...
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Landia Has Won an Order to Supply 18 Biomover Mixers for MBBR
Dec 11, 2012Landia has won an order from major Indian water and wastewater treatment company Triveni Engineering&Industries Limited to supply 18 BioMover mixers for Moving Bed Biofilm Reactors(MBBR)cccin Agra,home of the Taj Mahal. At what is India's ...
Tags: Landia, MBBR, BioMover mixers, Yamuna river
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Casey's General Stores Has Reported a Fall in First-Quarter Profits
Dec 11, 2012US convenience retailer Casey's General Stores has reported a fall in first-quarter profits on the back of flat turnover hit by a decline in fuel sales. Casey's booked net income of US$39m for the three months to the end of July. A year ...
Tags: convenience retailer, decline in fuel sales, Casey's General Stores
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Lotte Confectionery Has Reported a Slide in First-Half Profits After a Weak Second Quarter
Dec 11, 2012Lotte Confectionery has reported a slide in first-half profits after a weak second quarter. For the six months to the end of June, the South Korea-based confectionery maker reported net profit down by 14% on the same period of last year, ...
Tags: Lotte Confectionery, first half profits, profit, company news
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Strategic Materials to Pay $159,750 to Settle EPA's Claims
Dec 11, 2012Strategic Materials,Inc.has agreed to pay a penalty of$159,750 to settle EPA's claims that it violated the federal Clean Water Act by allowing polluted storm water from its Franklin facility to flow into nearby waters,according to an EPA ...
Tags: Strategic Materials, penalty, EPA, federal Clean Water Act
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Osram Has Found a Way Around The Lack of LED Second-Sourcing Amongst Lighting LEDs
Dec 11, 2012Osram has found a way around the lack of footprint standards amongst lighting LEDs. Solder pad patterns and shapes underneath lighting LEDs are not the same from different manufacturers,forcing users to re-lay their PCB if they change ...
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Mars Has Added to Is Confectionery Stable in The UK with The Launch of a Mars Caramel Bar
Dec 11, 2012Mars Inc has added to is confectionery stable in the UK with the launch of a Mars Caramel bar. The product, which, according to Mars has already had success in the US, Canada and Australia, will be available from 10 September as a limited ...
Tags: Mars Inc, food product, food industry, company news
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Lighting and Visuals Rental Company HSL Supplied Nearly 300 Moving and LED Lightsources
Dec 11, 2012UK - Lighting and visuals rental company HSL supplied nearly 300 moving and LED lightsources and over 100 generics to a series of Welsh language channel S4C Light Entertainment programmes recorded in a 10 day block at Studio 1 of the NEP ...
Tags: HSL, Lighting euqipement, lighting design
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Ralcorp Holding Has Sold Its Remaining Stake in Cereal Maker Post Holdings
Dec 11, 2012Ralcorp Holding has sold its remaining stake in cereal maker Post Holdings as it looks to free up funds to support its growth strategy. The company said that the sale of its remaining 20% Post stake will reduce outstanding debt by ...
Tags: Ralcorp Holding, Post Holdings, growth strategy, food industry
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Fresh Del Monte Said Its First-Half Net Income Was US$119.7m
Dec 11, 2012A fall in costs pushed up half-year profits at Fresh Del Monte Produce despite the US company reporting lower sales. Fresh Del Monte said today (31 July) its first-half net income was US$119.7m, up from $90.4m a year earlier. The higher ...
Tags: Fresh Del Monte Produce, lower sales, profit, company news, food industry
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Mars Has Extended Its Uncle Ben's Rice Offering in The UK
Dec 11, 2012Mars Inc has extended its Uncle Ben's rice offering in the UK with the launch of a 'Twice the Fibre' line. The food giant is hoping to target parents looking to get more fibre into their family meals with the range, which offers "a blend ...
Tags: Mars, Uncle Ben, rice, rice price, food industry
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