WITHAM Glass, an independent glass and mirror supplier, has invested pound 150,000 in new machinery to win more business. The new glass toughening equipment is now up and running at the Hull-based firm, which was established in 1947 and ...
IGI Group, a wholly owned subsidiary of global insurance holding company AmTrust Financial Services, has purchased Car Care Plan (Holdings) (CCPH) from Ally Insurance Holdings, in a deal valued at nearly $70m. Commenting on the ...
Tags: IGI Group, global insurance, AmTrust Financial Services, CCPH
The group reported its full year results and, despite its confidence, posted a 19% dip in pre-tax profits to €371m. It was boosted by revenues, which were up 1% to €5.8bn Mondi said it will focus on further integration and ...
Tags: paper grades, Mondi
The Authentic Food Company has reported a 10% rise in sales and a 15% hike in profits in its latest financial report. Authentic Food said it expected to achieve revenue of pound 50M this year The Manchester-based supplier of Indian, ...
Tags: Authentic Food Company, sales, profits
Britain’s biggest food manufacturer Premier Foods could be forced to compromise its recovery plan by selling key power brands to boost its troubled balanced sheet, according to a leading City analyst. Not for sale: Premier’s ...
The Venezuelan government announced the devaluation of its currency, the bolivar fuerte (VEF), on 8 February. The official exchange rate was changed from VEF 4.3 per US dollar to VEF 6.3 per US dollar. Smurfit Kappa said that as a result ...
Tags: Venezuelan government, VEF, Smurfit Kappa
Associated British Foods has "emphatically" denied allegations of tax evasion on profits made by its sugar processing operations in Zambia. In a report published by Action Aid at the weekend, the charity claims the Ryvita and Silver Spoon ...
Tags: ABF, Zambia, tax evasion on profits
It’s reported that China Iron and Steel Association pointed out that its 80 member enterprises in China realized net profits of RMB1.581 billion in 2012, slumping by 98.22% from a year ago. In 2012, the 82 member enterprises posted ...
Tags: CISA, net profits, 2012
Revenues at BT Group dropped in the three months to 31 December 2012, according to a statement released today, but the firm still managed to produce a profit thanks to cost cutting and lower operating costs. The statement presented ...
Tags: BT Group, operating costs, revenues
Hornby has seen its debt fall as it restructures its board. Plus, the majority of its discounted branded Olympics products have now been sold. Net debt as of December 31st, 2012, was £3 million, an improvement of £5.5 ...
Tags: Hornby, net debt, Board Restructures
The China Iron and Steel Association (CISA) has stated that in 2012 the aggregate net profit of its 80 member steel enterprises in China totaled RMB 1.581 billion ($252 million), down 98.22 percent year on year. Meanwhile, last year the ...
Tags: Steel Association, CISA, steel enterprises
UK pork producer Cranswick has managed record high pig prices and grown sales during its third quarter. The group said today (31 January) its underlying sales were up 7% in the period to 30 January thanks to "strong" volume growth. ...
Tags: pork producer, Cranswick, pig prices
Apple posted record revenue and pre-tax profits in its fiscal 2013 first-quarter results, covering the three months to 29 December. However, the company's shares continued declining in value in after-hours trading - falling by a further ...
Tags: Apple, pre-tax profits, profit margins
Jiangsu Province-based Chinese steelmaker Shagang Group has announced that in 2012 its sales revenue amounted to RMB 218 billion ($34.6 billion), up five percent year on year. Meanwhile, in 2012 the group achieved pre-tax profits of over ...
Tags: steelmaker, steel, finished steel
The China Iron and Steel Association (CISA) has stated that in the January-November period of 2012 the aggregate net loss of large and medium-sized steel enterprises in China totaled RMB 1.97 billion ($313 million). Meanwhile, in the given ...
Tags: China'S Steel Sector, Metallurgy, CISA, Net Loss