Business Standard reported that Unitech Corporate Parks Plc, the real estate investment company listed on London’s Alternative Investment Market in which developer Unitech Ltd holds a 40% stake, has decided to put one of its largest ...
Tags: Unitech Corporate Parks, Gurgaon property, real estate, economic zone
Laiwu Steel Group produced steel,pig iron and steel products of 14.112 million tonnes,14.488 million tonnes and 14.159 million tonnes separately in 2011,increasing by 12.8%,7.4%and 13.4%over the same period last,realizing pre-tax profits of ...
Tags: Laiwu Steel, Profits, crude steel, steel products
Shandong Iron&Steel Group Co Ltd put into operation of its phase I Kashgar steel project on December 18th 2012. With total investment of CNY 3 billion on its phase I project, Kashgar steel project is equipped with matched production line of ...
Tags: Iron, Steel, Kashgar steel project, hot metal, crude steel, steel products
Egger Holzwerkstoffe delivered significant growth in its earnings during its 2011/12 financial year, which ended on 30 April. The company erased a weaker start in the first six months as the year progressed. EBITDA had risen by just 5% ...
Tags: Egger Holzwerkstoffe, earnings, EBITDA
UK retailer Marks and Spencer today (22 May) hailed the "strong" performance of its food business, which posted higher sales and margins in a year when company-wide profits fell. The company reported a 0.2% fall in underlying pre-tax ...
Tags: Marks and Spencer, food business, sales, profit
UK sugar-to-dessert group Real Good Food Company has booked a 62% increase in EBITDA on strong sales gains. EBITDA for the 15 months to 31 March rose to GBP9.1m (US$14.3m) on sales that increased from GBP249m to GBP305.5m. Key trading ...
Tags: Real Good Food, sales gains, increase, company news
UK cake manufacturer Finsbury Food Group today (24 September) reported an increase in full-year profits after seeing sales exceed GBP200m (US$324.3m) for the first time. The company booked profit after tax of GBP4.9m for the year to the ...
Tags: Finsbury Food Group, pension scheme, share option charges
Sainsbury's this morning (14 November) reported an increase in half-year profits, a period in which the UK retailer said it had "outperformed" its competitors. Pre-tax profits were up 2.5% to GBP405m in the 28 weeks to 29 September. ...
Tags: Sainsbury's, half year profits, increase, food industry
Norwegian conglomerate Orkla has booked a decline in first-half profits from its FMCG division. The loss of contract production in the second half of 2011 had a negative impact on the unit's earnings in the six months to the end of June, ...
Tags: Orkla, consumer goods, first-half profits
Premier Foods plc chairman Ronnie Bell has decided to leave the UK food manufacturer after 18 months in the role. Former Kraft Foods veteran Bell joined Premier in October 2010 just weeks after the Hovis bread and Ambrosia custard maker ...
Tags: chairman Ronnie Bell, Premier Foods, food manufacturer
Sainsbury's, the UK's third-largest grocer, today (9 May) reported a 7% increase in annual underlying profits, ahead of City forecasts. The company booked underlying pre-tax profits of GBP712m (US$1.15bn) for the 12 months to 17 March, a ...
Tags: profits, grocery market, grocery, sales
German food company Zertus has struck a deal to buy UK confectioner and snack firm Zetar. Zertus and London-listed Zetar announced an agreement valuing the UK firm at GBP43.7m. The German company is paying 297p per Zetar share, which ...
Tags: food company, Food Firm, confectioner firm, snack firm
UK dairy co-op First Milk has booked an increase in full-year profits, boosted by earnings from the sale on its shareholding in Wiseman Dairies. In the year to the end of March pre-tax profits climbed to GBP13.3m (US$20.8m) from GBP7.2m ...
Tags: Pre-tax profits, First Milk, milk prices
Associated British Foods has said it expects "substantial" growth in full-year earnings after its first-half results benefited from a strong performance by its sugar division and Primark. For the six months to 3 March, pre-tax profits ...
Tags: ABF, substantial growth, sugar division, Primark
Singapore agribusiness giant Wilmar International has booked a drop in first-half profits as the group suffered losses in its oilseeds and grains business. In the six months to the end of June, Wilmar recorded a net profit of US$373m, ...
Tags: Wilmar International, first half profits, food industry, food