Qantas CEO Alan Joyce. Photo courtesy of the ABC. The Qantas Group has announced statutory profit after tax of $111 million and underlying profit before tax of $223 million for the six months ended 31 December 2012. This includes $125 ...
Tags: Qantas, statutory profit, underlying profit, company news
France-based pipe manufacturer Vallourec has announced its financial results for the fourth quarter and the full year 2012. According to Vallourec's report, in the fourth quarter the company registered a net profit of €70 million, ...
Tags: Vallourec, Net Profit, pipe manufacturer
Acquisitions and growth in markets outside the EU have helped dairy giant Arla Foods report higher annual sales and profits. The company said today (20 February) its consolidated net profit jumped by more than a third in 2012 to DKK1.9bn ...
Tags: M&A, Emerging Markets, 2012
Iconix Brand Group, Inc. announced that it has acquired Lee Cooper, a global lifestyle brand with over a 100-year heritage for $72 million in cash. The brand was acquired through the Company's Luxembourg subsidiary, Iconix Luxembourg ...
Tags: Iconix Brand, Lifestyle Brand, Lee Cooper
An increase in prices has driven improved annual profits at Fresh Del Monte Produce, the company announced today (19 February). Fresh Del Monte booked underlying net income of US$147.4m for 2012, up from $107.4m a year earlier. The ...
Tags: annual profits, Fresh Del Monte Produce, 2012, Profits
UAE-based food packaging company Al Bayader International has invested AED15m ($4.09m) in a new production line at its manufacturing facility in Jebel Ali Free Zone to manufacture its Towerpac range of food containers. The latest ...
Tags: Al Bayader, food packaging, packaging
Kronos Worldwide, Inc. announced a price increase for all titanium dioxide (TiO2) products sold outside of North America and Europe including among other areas, Asia Pacific, Latin America, Middle East, Africa and Asia. Effective March 1, ...
Tags: Kronos Worldwide, price increase, TiO2
UAE-based food packaging firm Al Bayader International has unveiled a new production line at its facility in Jebel Ali Free Zone, Dubai, for the manufacture of tOWERPAC range of food and beverage containers. The new line, which was ...
Tags: food packaging, Al Bayader International, food and beverage containers
Clariant announced full-year sales 2012 from continuing operations of CHF 6.038 billion compared to CHF 5.571 billion in the previous-year period. This corresponds to an increase of 8% in local currencies and in Swiss francs. The 8% ...
Tags: Clariant, full-year, sales 2012
First Solar Inc of Tempe, AZ, USA, which manufactures thin-film photovoltaic (PV) modules based on cadmium telluride (CdTe) as well as providing engineering, procurement and construction (EPC) services, says that Ahmed Nada will join it as ...
Tags: First Solar, PV, power industries
Iranian President Mahmoud Ahmadinejad inaugurated the Middle East's biggest float glass factory in the Central province of Yazd on Saturday, reports Fars News Agency. The 75ha factory, located in Yazd province's Ardakan city, is the ...
Tags: Iran, Float Glass Plant, safety glass
Zurich Insurance Group has reported a business operating profit (BOP) of $4.1bn for the full year 2012, down by 4% from $4.24bn during the same period last fiscal. Net income after tax attributable to shareholders (NIAS) stood at $3.9bn, ...
Tags: Zurich Insurance Group, BOP, 2012
Haiti became the 31st country to join the TAAT alliance which is seeking strong and fair textile rules in the TPP agreement. Gregor Avril, the Executive Director of the Association of Industries of Haiti said, "We stand with our free ...
Tags: Haiti, TAAT Alliance, TPP
Global food group Nestle said 2013 looks every bit as "challenging" as 2012, a year when profits increased but underlying sales growth slowed. The Swiss food giant reported a 11.8% increase in earnings of CHF10.61bn (US$12.02bn) in 2012. ...
USA - Orlando-based Alcorn McBride is well positioned for growth in international markets. In the past year, Alcorn McBride has restructured distribution in Asia, partnering with Wincomn in China and Hong Kong, Electori in Japan, Sovico in ...