Supermarket chain Morrisons spent £27m developing its own online delivery system - before lashing out £170m in a deal with Ocado. The figures were revealed in the company's half-year results in which it saw pre-tax profits ...
Tags: Computer Products, software
Pfleiderer Grajewo kept its revenues stable and posted an increase in almost all key earnings figures compared with the prior-year period between January and June 2013. This came despite the rather unfavourable market climate in Poland. ...
Tags: Construction, Decoration
In results published today (27 August), the Greenock-based polythene manufacturer said that operating profits increased 14% to 16.4m. Chairman Cameron McLatchie said: "The improvement in operating profits can be attributed to another ...
The world's second-biggest tobacco company, which started selling its Vype e-cigarette brand over the internet in Britain this week, intends to roll the business out to other European countries and the US, as well as on the high street. ...
Tags: E-Cigarette, E Cigarette, Cigarette
Sonae Industria has reported a 10 % slump in revenues in the first quarter of 2013 to €318m when adjusted for British activities divested last year. However, turnover had improved slightly by 1 % compared with the fourth quarter of ...
Tags: Construction, Decoration
British luxury car manufacturer Jaguar Land Rover (JLR) is planning to invest about GBP2.75bn in the UK in 2014, after recording yearly pre tax profits of about GBP1.67bn. Tata Motors' owned firm, further revealed plans to continue ...
Tags: Land Rover
Apple has been accused of being one of the largest tax avoiders in the US, by a powerful committee of US senators. The company's chief executive, Tim Cook, CFO Peter Oppenheimer, and head of tax operations, Philip Bullock, will appear ...
Tags: Computer Products, apple
Raysut Cement, one of two major listed cement manufacturers in Oman, has announced that its first quarter pre-tax profits grew by a third during the first quarter of 2013 to $23.7m (OR: 9.13m). The company s revenues grew by 2% to $65.5m ...
Tags: Raysut Cement, Cement
In first quarter results published this morning (3 May), the group reported that revenues for the period rose by 4% year-on-year to €1.89bn, while EBITDA profit slipped 2% to €241m. Pre-tax profits, meanwhile, fell to €57m ...
Tags: Smurfit Kappa, Packaging
ARM, the Cambridge-based chip designer, has posted higher than expected first quarter financial results, citing strong demand for its new chip design in tablets and smartphones for the growth. The firm posted first quarter revenues of ...
Tags: taiwan, Computer Products
Retail giant Tesco has reported pre-tax profits down 51% to 1.96bn – its first profit drop in 20 years – and revealed plans to close its US chain of Fresh & Easy shops in its full-year results for the 52 weeks to February 23. ...
The multinational has agreed to sell the Van der Windt Group, which has operations in Netherlands, Belgium, England and Ireland, to Dutch distribution business the Paardekooper Group for €68.5m. In North American, meanwhile, ...
Tags: Clondalkin, Fortune Plastics
The owners of UK-based egg producer Noble Foods are evaluating plans to sell the company, which is valued at approximately £400m. Farmers Peter Dean and Michael Kent, the joint owners of the business, are believed to have started ...
Tags: Noble Foods, eggs, packing
On March 12, Audi announced the financial report of 2012. Audi revenue, operating profit, net profit and sales increased year-on-year last year, but operating profit increased less than 1%, far below the level of previous years. In 2012, ...
Tags: Audi, Sales, operating income
Britain’s fourth largest supermarket Morrisons has revealed plans to start selling food online by the end of the year and open more convenience stores in its latest financial results, which reported profit before tax down by 4% to ...
Tags: Morrisons, Online, Convenience