UK based Intertek Group plc reported a 5.6% fall in second quarter 2014 revenues which dipped to £1,024.3 million from £1,084.7 million in second quarter 2013 at actual rates, mainly from headwinds in its minerals and ...
Tags: Intertek Group, 5.6%Fall, Textile
Innovative research has transformed the cotton industry in Australia, which now uses less land and water than in the past, according to the Cotton Research and Development Corporation (CRDC), one of fifteen Rural Research and Development ...
Tom Tailor Group an international fashion and lifestyle company offering fashionable casual wear and accessories posted a 4.5% hike in sales to reach EUR 425.2 million in the period January to June 2014 against EUR 407.0 million in the ...
Tags: Tom Tailor Group, Rise of 4.5%, Apparel
After recently unveiling the world’s largest terry towel plant, Trident Group aims to surpass the bounds of being the world’s largest integrated home textile manufacturer and continues to expand and modernize its capacities ...
Tags: Trident, Manufacturer, Textile
RAK Ceramics released its financial results for the first half of 2014 today. The results revealed a net profit of AED 149.9 Mio for the first six months of 2014 with net profit margins increasing to 9.0% compared to 8.6% for the same ...
Tags: Construction, Decoration, Ceramics
For second-quarter 2014, NeoPhotonics Corp of San Jose, CA, a vertically integrated designer and manufacturer of both indium phosphide (InP) and silica-on-silicon photonic integrated circuit (PIC)-based modules and subsystems for high-speed ...
Tags: NeoPhotonics PICs, Electrical, Electronics
Leggett & Platt expects to record a $108 million pre-tax, non-cash goodwill impairment charge for the second quarter. This charge reflects the complete write off of the goodwill associated with the Store Fixtures group, which is part of the ...
Tags: Leggett&Platt, Apparel, Accessories
For second-quarter 2014, specialty metal and chemical products firm 5N Plus Inc of Montreal, Québec, Canada has reported revenue of $136.6m, down 4% on $142.4m last quarter but up 21% on $112.6m a year ago. 5N Plus provides ...
Tags: 5N Plus, Electrical, Electronics
Australia's Antidumping Commission has announced that it has initiated an antidumping (AD) duty investigating regarding galvanized steel imports from Vietnam and India following an application from Australian steelmaker BlueScope Steel. ...
Tags: Australia, antidumping, Metallurgy, Mineral
For the second-quarter 2014, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $95.1m, up 5% on $90.8m last quarter but down 2.5% on $97.4m a year ago. Data Storage ...
Tags: Veeco MOCVD MBE ALD, Electrical, Electronics
Airline profit expectations for the year ahead are positive even though recent improvements in financial performance have paused, according to IATA's quarterly survey of airline CFO and heads of cargo in July. Recent past financial ...
Tags: Service, Airline Service
Following the successful completion of the restructuring announced in 2012 Amer Sports now moves into the next phase of restructuring. The primary objectives are to re-ignite profitable growth in Ball Sports and to further accelerate Amer ...
Tags: Amer Sports, Footwear, Apparel
Daimler AG (stock-exchange symbol: DAI) is continuing along its path of profitable growth. In the second quarter of 2014, the Group achieved new record levels of unit sales and revenue and significantly increased its operating profit from ...
Tags: Daimler AG, profitable, Auto Parts
Germany-based beverage filling and packaging lines manufacturer Krones has announced plans to upgrade the competitiveness of its Kosme subsidiary. Kosme, which has production facilities in Roverbella of Italy and Sollenau of Argentina, ...
Tags: Krones, Kosme subsidiary, Packaging
Cascades, a Canada-based firm that produces paper from recycled fibers, will close its Kraft paper manufacturing plant in the East Angus, Québec, effecting around 175 employees. The decision to close the plant, which will be ...
Tags: Cascades, Kraft Paper, Packaging