Belgian retailer Delhaize has posted a drop in first-half profits and said it now expects to achieve the bottom-end of its full-year earnings guidance range. Profit in the six months to the end of June slumped 65.9% to EUR83m (US$103.5m), ...
Spanish discount retailer Dia has recorded an increase in first-half profit, boosted by a "good business performance" in Iberia, Argentina and Brazil. Net earnings in the six-month period amounted to EUR61.7m (US$75.8m), an 18.5% increase ...
Tags: Net profits, Sales increase, net sales
Swiss meat processing company Bell Group said it is "holding up well", despite booking a drop in first-half profits today (9 August). The company said it faced a "difficult" trading environment in the six-month period as net profit ...
Tags: Bell Group, meat processing company, meat, meat processing
Swedish retailer Axfood has booked an increase in first-half profits, boosted by an increase in customer numbers and continued cost control measures. In the six months to the end of June, profit after tax amounted to SEK403m (US$57.5m), a ...
Tags: Axfood, H1 Profit, increase, customer numbers
Chinese meat processor Zhongpin saw its half-year net profits slump 36% despite posting a rise in revenues. Net income attributable to Zhongpin shareholders for first six months of the year ending 30 June was US$23.2m, compared to $36.2m ...
Tags: Zhongpin, half year net profits, revenue rise, gross profit margin
Dutch dairy cooperative Royal FrieslandCampina has reported that its profit for the first half of 2012 increased 8.7% to EUR138m, up from EUR127m in 2011, helped by volume growth and focus on international operations. Revenues increased ...
Tags: dairy cooperative, volume growth, international operations
Vienna Insurance (VIG) has posted a profit (before taxes, consolidated) of €301.7m for the first half of 2012, up by almost 7% compared to the profit earned last year during the same period, primarily due to growth in premium income ...
Tags: Insurance, profit, premium income, Vienna Insurance Group
Australian retail distributor Metcash has recorded a drop in first-half earnings as a results of store closures in the period. Earnings in the six months to the end of October dropped 13.1% to A$82m (US$85.4m), the retailer said today (30 ...
Tags: retail, Metcash, store closures, earning dropped
Heinz reaffirms previously announced Fiscal 2013 full-year sales and profit outlook. Reconciliations of non-GAAP amounts are set forth in the attached financial tables.Results excluding productivity charges in Fiscal 2012 represent the ...
Tags: Heinz, sales, profit, food giant
US retailer Kroger has raised its full-year earnings guidance after booking an increase in first-half profits. In the six months to the end of June, earnings climbed to US$718.4m from $713.1m a year earlier, the company reported today (7 ...
Tags: retailer, raised earnings guidance, supermarket, increase
Global food ingredients manufacturer International Flavors and Fragrances saw its half-year net profits rise after its flavours business delivered a positive performance. Net income for the six months of the year ending 30 June, increased ...
Tags: food, flavors, fragrances, flavours business
US snacks firm Snyder's-Lance has reported an increase in first-half profits despite lower sales. Earnings in the six months to the end of June amounted to US$33.8m from$7.3m in the prior-year period,the company reported today(7 August). ...
Tags: Snyder's Lance, profits, route system, report
Egypt s Torah Cement has posted a 12% decline in first-half net profit to EGP167.9m ($28.2m), Reuters has reported. Torah is a subsidiary of Egypt s largest listed cement maker, Suez Cement, which first-half net profit declined by 37%. ...
Tags: cement