Better management of input costs and higher sales in emerging markets have helped global snacks giant Mondelez International report higher underlying profits in 2012. The Cadbury owner booked a 4% increase in operating income to US$3.64bn ...
Tags: Cost Control, Developing Markets, Mondelez
PepsiCo has posted a fall in full-year profits and sales as a 53rd week in 2011 results left a tough comparison. Net profits were down by 4% to US$6.18bn in 2012, the New York-based company said today (14 February). Net sales slipped by ...
Tags: PepsiCo, profits and sales, tough comparison
Popular micro-blogging website Twitter could be valued at $11 billion if it goes public in 2014, according to a report by specialist financial researchers Greencrest Capital. This would suggest that the company has regained value that was ...
Tags: Twitter, 2014, IPO, Greencrest Capital
American Capital,Ltd.announced that in December 2012 its portfolio company Potpourri Group,Inc.acquired Cuddledown,Inc.,a leading multi-channel retailer of high-end bedding related products.PGI is a multi-brand direct marketer offering a ...
Tags: American Capital Ltd, Potpourri, High-End Bedding, Textile
LVMH Moët Hennessy Louis Vuitton, the world's leading luxury products group, recorded revenue of €13 billion in the first half 2012, an increase of 26%. Organic revenue growth was 12%. "All business groups contributed to this ...
Mondelez International, the snacks group spun off from Kraft Foods last month, has reported a fall in underlying third-quarter sales amid problems in Brazil and Russia. The company, which produces brands including Cadbury chocolate, ...
Tags: Mondelez International, Kraft Foods, sales, comapany news
Kraft Foods has booked an increase in first-half profits, despite recording a fall in sales, thanks to productivity and price gains. In the six months to the end of June, net profit increased 4.2% to US$1.85bn. Operating profit in the ...
Tags: Kraft Foods, first half profits, fall in sales, food price
In Fashion & Leather Goods, Louis Vuitton continued its double-digit growth (+ 17 %). The Wines & Spirits business (+ 22 %) as well as that of Perfumes & Cosmetics (+ 12 %) saw an acceleration in revenue growth compared to the trends seen ...
Tags: cosmetics, first quarter, revenue, LVMH, sales 2012, perfumes
Denmark-based food ingredients firm Chr. Hansen has booked an increase in full-year profit and said it is "well prepared" for future growth. EBIT in the 12 month period climbed 16% to EUR185m (US$239.7m), the company reported yesterday ...
Tags: Profit, full-year profit, organic revenue
Aon has reported that its total revenue during the first quarter of 2012 grew by 3% to $2.8bn from the prior year quarter backed by a 4% increase in organic revenue, partially offset by a 1% decrease from unfavorable foreign currency ...
Tags: Aon, net income, organic revenue, insurer
US food company Smart Balance has completed the acquisition of Udi's Healthy Foods,a producer of gluten-free products,for$125m in cash. Smart Balance has acquired Udi's Healthy Foods from majority shareholder Hubson Acquisition,an ...
VF Corporation announced results for its third quarter ended September 29, 2012. All per share amounts are presented on a diluted basis. All references to “organic” financial data exclude the Timberland and Smartwool brands, ...
Tags: VF Corp, Revenues, Timberland, Smartwool
LVMH:LVMH's Beauty Sales Remain Strong LVMH Moët Hennessy Louis Vuitton,the world's leading luxury products group,recorded revenue of€19.9 billion for the first nine months of 2012,an increase of 22%on the comparable period ...
Tags: Louis Vuitton, revenue, currency
LVMH Moët Hennessy Louis Vuitton,the world's leading high quality products group,recorded revenue of€19.9 billion for the first nine months of 2012,an increase of 22%on the comparable period in 2011.After taking into account the ...
Tags: LVMH, Revenue Growth, Organic revenue
Aon has reported net income of $246m, or $0.73 diluted income per share, for the second quarter of 2012, down 5%, compared to $258m, or $0.75 diluted income per share for the same period in 2011. The total revenues reported for the second ...
Tags: Aon, net income, total revenues