Sales of LED products have jumped considerably for the Zumtobel Group in the first quarter of this year, with an increase of almost 50 per cent compared with the same period in 2012. The results?were announced against a backdrop?of ...
Solvay announces that it plans to reinforce its position as a world leader in soda ash and improve the activity's long-term profitability by reducing its 2012 European cost base by €100 million per year as of 2016. Solvay will focus ...
Spy Inc. reported overall first-quarter sales of $9 million, up 11 percent from $8.1 million a year earlier, and narrowed its net loss as the eyewear supplier’s Happy Lens Collection got off to strong launch. Income from operations ...
Tags: Spy, Transportation, Sales
Ciech published its report for Q1 2013. EBITDA (operating profit plus the value of depreciation/amortisation) amounted to PLN 132 million, compared to PLN 95 million in Q4 2012 and PLN 126 million in the same period a year earlier. ...
In the past 2012/2013 business year the North American office furniture group, Steelcase spent a total of US$34.7m on restructuring measures. Of this amount US$13m was spent on the closures of three North American production locations, ...
Tags: Steelcase, Restructuring
Chinese solar cell and module maker Suntech Power Holdings Co., Ltd. (NYSE: STP) owed nine banks a total of CNY 7.1 billion. It released financial forecasts for the fourth quarter of 2012 on May 2 and according to the forecasts, the ...
Tags: Service, Metallurgy, Mineral, Energy, solar
Nobia AB is meanwhile considering making further acquisitions with a view to penetrating new markets. CEO Morten Falkenberg explained the background to these considerations at an analysists' conference held on 30 April 2013 to discuss ...
Tags: Acquisitions, Construction
For first-quarter 2013, deposition equipment maker Aixtron SE, Aachen, Germany has reported revenue of €40.2m, down 4% on €42m a year ago and 48% on last quarter’s €77.5m. Fiscal Q1/2012 Q2/2012 Q3/2012 Q4/2012 ...
Tags: Aixtron, Aixtron SE
BASF is taking a number of steps to strengthen the competitiveness of its Performance Products segment. The segment bundles BASF’s businesses with chemicals that improve the properties of many different end-user products. The ...
Tags: BASF, Performance Products, Construction
China is tipped to produce more cars than Europe for the first time ever in 2013 as the Asian powerhouse continues to boom and the traditional home of the automobile struggles through continuing economic hardship. The Financial Times ...
Tags: Cars, automobile, vehicles
Centrosolar Group AG will sell its solar glass division off, following a year of devastating financial losses. The Germany-based company has also postponed the publication of its annual report and announced the continuation of its ...
Tags: solar glass division, solar glass, glass
The German company SCHOTT has announced that it plans to rely on its strong core businesses Pharmaceutical Systems, Home Tech, Electronic Packaging and Advanced Materials to deliver growth in fiscal year 2012/2013 (October 1, 2012 – ...
Tags: SCHOTT, strong core businesses, Pharmaceutical Systems
UPM-Kymmene had to put up with an operating loss of €1.350bn in 2012 in spite of a rise in turnover by around 4% to €10,438. In 2011 the group had still booked an operating profit of €459m. UPM-Kymmene blames the losses ...
Tags: UPM-Kymmene, turnover, operating profit
At its meeting on 19 December, the board of directors at Biesse spoke in favour of an extension until 10 August 2013 of the short-time working arrangement agreed in 2012. The state-subsidised short-time set-up (Cassa integrazione ...
Tags: Biesse, rotation, restructuring measures
Sony claimed the company's financial struggles were down to the poor state of the global economy,as well as the change in the exchange rate for Japanese Yen. The story was more positive within the mobile products and communications ...
Tags: Sony, mobile business