Australia-based Pacific Brands today said that it has entered into an agreement to sell its Workwear business to fellow Aussie company - Wesfarmers Industrial and Safety (WIS), a division of Wesfarmers Limited. The sale has been done at ...
Tags: Pacific Brands, Workwear Business, Apparel
Australian iron ore miner Fortescue Metals Group has announced its financial results for the financial year 2013-14 ended on June 30. During the given period, Fortescue's net profit amounted to US$2.73 billion, rising 56 percent compared ...
Tags: Fortescue Metals Group, Results, Energy
Toll’s revenue increased 1.1 per cent over the previous year to $8.8 billion. Total earnings before interest and tax (before individually significant items) were up 4.3 per cent to $444.4 million, and net profit after tax (before ...
Tags: Toll, Challenges, Service
A transformation plan initiated in 2012, has not helped Li Ning Company Limited wipe out losses from its balance sheet, instead losses multiplied in the results announced for the first six months of 2014. Loss at Li Ning, one of the ...
Tags: Loss, Apparel, Accessories
Celanese Corporation, a global technology and specialty materials company, reported second quarter 2014 adjusted earnings per share of $1.47 versus $1.33 in the prior quarter. Highlights: -Achieved record adjusted earnings of $1.47 ...
Tags: Celanese, EPS Surges, Textile
Royal DSM, the Life Sciences and Materials Sciences company, posted EBITDA from continuing operations of €293 million in the second quarter of 2014, compared to €332 million in corresponding quarter of 2013. According to Royal ...
Tags: DSM, Fire&Negative, Textile
Royal DSM, the Life Sciences and Materials Sciences company, posted EBITDA from continuing operations of €293 million in the second quarter of 2014, compared to €332 million in corresponding quarter of 2013. According to ...
Tags: 250 Firms, Textile Vilnius, Textile
Gerdau S.A. reported Wednesday that shipments of steel products reached 4.5 million mt in the second quarter of 2014, a reduction of 2.4 percent when compared to Q2 2013. Net Sales reached R$10.4 billion in Q2 2014, an increase of 5.7 ...
Tags: Steel Products, Mineral
Australian iron ore giant Rio Tinto has announced its financial results for the first half of 2014, posting a net profit of US$4.4 billion in the given period, increasing from a net profit of US$1.7 billion in the same period of the ...
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
Duni AB announces Interim report for Duni AB (publ) 1 January – 30 June 2014. 1 April – 30 June 2014 -Net sales amounted to SEK 1 017 m (914). Adjusted for exchange rate changes, net sales increased by 7.1%. -Earnings ...
US-based food processing company Archer-Daniels-Midland (ADM) has acquired Swiss flavor manufacturer Wild Flavors, the Switzerland-based producer of natural ingredients, in a deal worth EUR2.3bn. ADM will pay €2.2bn to acquire WILD ...
Tags: ADM, Wild Flavors, Food
Marks and Spencer Group Plc reports full year results 2013/14 for the 52 weeks ended 29 March 2014. Highlights: Full year results: • Group sales up 2.7%1 at £10.3bn • Total UK sales +2.3%: Food +4.2%; General ...
Tags: Marks&Spencer
SunOpta, a leading global company focused on natural, organic and specialty foods, announced financial results for the first quarter ended April 5, 2014. All amounts are expressed in US dollars and results are reported in accordance with ...
Tags: specialty foods
Head NV reported that sales for the first three months of 2014 increased 1.6 percent to €70.4 million ($97mm) compared to the prior year as a surge at its Winter Sports division more than offset declines or flat sales at its other ...
Tags: Sporting Goods, Recreation