Associated British Foods has forecast flat revenue from its grocery division in the first half of its fiscal year amid challenging conditions in bread markets in the UK and Australia. ABF, which owns the Kingsmill bread brand in the UK ...
Tags: ABF, flat revenue, grocery division
US own-label firm TreeHouse Foods has booked a decline in full-year profits as restructuring and other one-off costs hit earnings. In the 12 months to the end of December, net profit slid 6.3% to US$88.4m, the company reported yesterday ...
Tags: Foods FY, TreeHouse Foods, grocery industry
European confectioner Cloetta saw its losses widen in 2012 thanks to the merger that formed the company last year but it reported improved profits in the fourth quarter. In the 12 months to the end of December, the company made a net loss ...
Panasonic’s net profit of 61 billion yen (about 662 million dollars) in the third quarter of December 31, while at the same time last year the net loss of 198 billion yen. Analysts had expected the net loss of 17 billion yen on ...
Tags: Panasonic, Net Profit, operating profit
ArcelorMittal Flat Carbon Europe has reported the operation outcome for the fourth quarter and full year of 2012. The steel giant’s Flat Carbon Europe posted operating loss of 2,212 million Euro for the fourth quarter of 2012, ...
Tags: Flat Carbon, steel giant, steel demand
Australian dairy-to-bakery group Goodman Fielder has reported a mixed first half, with a jump in net profit but lower adjusted operating profit and sales. Goodman Fielder said today (13 February) that net profit more than doubled to A$51m ...
Tags: dairy, Goodman Fielder, net profit
Huntsman Corporation released its quarter four and full year 2012 results. Full Year 2012 Highlights -Net income attributable to Huntsman Corporation increased to $363 million compared to $247 million in the prior year period. ...
Food manufacturing and consumer goods giant Unilever has demonstrated skill in navigating choppy global waters by delivering a solid performance in its fourth quarter results to December 31, with sales up by 10.5% to €1.3bn and profits ...
The world's largest steelmaker Luxembourg-based ArcelorMittal has announced its financial results for the fourth quarter and the full year 2012. In the fourth quarter, ArcelorMittal registered a net loss of $3.99 billion compared to a net ...
The company's Q4 loss widens Swiss semiconductor firm STMicroelectronics said it will write down about $500m to exit its struggling mobile chip joint venture, which was formed in 2008 with Swedish telecoms equipment manufacturer Ericsson. ...
Tags: semiconductor firm, STMicroelectronics, mobile chip joint venture
Avery Dennison Corporation announced preliminary, unaudited fourth quarter and full-year 2012 results. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise indicated, ...
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Philips operational results improved by 50% to EUR 875 million, while net income was impacted by significant charges in Q4 • Deal signed to transfer Audio, Video, Multimedia and Accessories business to Funai Electric Co., ...
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Tempur-Pedic International Inc. a leading manufacturer, marketer and distributor of premium mattresses and pillows worldwide, announced financial results for the fourth quarter and year ended December 31, 2012. The Company also issued ...
Tags: Tempur-Pedic International, premium mattresses, pillows
Verizon Communications posted a net loss of $1.9 billion during the fourth quarter of 2012, but the losses were due to a series of one-time expenses announced earlier. The company on Tuesday announced revenue of $30 billion for the fourth ...
Tags: Verizon Communications, net loss, revenue
CORNING, N.Y., January 07, 2013 – Corning Incorporated (NYSE: GLW) today will introduce Corning® Gorilla® Glass 3 with Native Damage Resistance™ at the International Consumer Electronics Show (CES) in Las Vegas this ...
Tags: Corning, Glass, glass composition, Corning Gorilla Glass