Spanish food group Ebro Foods has recorded an increase in profit in the first nine months of the year driven by the integration of businesses acquired last year and innovation. Ebro posted a net profit of EUR110m (US$141.6m) in the ...
Tags: profit rise, Ebro Foods, acquisition, food industry
It’s reported that Brazilian Usinas Siderurgicas de Minas Gerais (Usiminas) announced its financial report for the third quarter of this year. In the third quarter of this year, the company realized net sales of BRL3.4 billion, ...
Tags: Usinas Siderurgicas de Minas Gerais, financial report, profit rise
India’s largest state-run steelmaker Steel Authority of India Ltd (SAIL) has posted a 12% quarterly profit rise, though it misses market estimate. The company said its net profit reached Rs543-crore (US$99.4 million) for the second ...
Tags: Sail, Profit Growth, state run steelmaker, steel market, Indian market
According to report, Argentina' steelmaker Ternium Siderar reported a profit rise of 250% in the third quarter to 324 million pesos (US$68 million), from 92.6 million pesos (US$20 million). The third-quarter result also rose from the ...
Tags: flat steel, Argentina'steelmaker, Shipments of flat steel
Caterpillar Inc., (CAT) the largest construction and mining-equipment maker, plans to close a Canadian locomotive plant that employs about 800 people after failing to reach an agreement with locked-out union members. “The cost ...