Hain Celestial has booked an increase in first-half profits, which benefited from higher sales and improved margins. The company revealed yesterday (6 February) that net income for the first six months of the year rose to US$48m from ...
Tags: Hain, profits, organic food
US-based food company Kellogg has reported that its net income increased by 10.9% to $961m for the full-year 2012, compared to $866m in 2011. For the year ended 29 December 2012, the company posted 7.6% increase in net sales to $14.19bn, ...
Tags: net income, food company, cereals
US c-store retailer The Pantry has seen its net losses widen in its first quarter. In the three months ended 27 December, the company made a net loss of US$3.1m compared to a net loss of $2.9m last year, it reported today (5 February). ...
Tags: store retailer, store chain, food industry
US cereal giant Kellogg has recorded an increase in full-year profits and reiterated its 2013 outlook. Earnings in the year to 29 December amounted to US$961m, an 11.2% increase on the prior-year period. The growth was boosted by its ...
Tags: Kellogg, cereal giant, Profits
Expansion into Russia and store openings hit profits from Finland-based retailer Kesko's food stores last year. Operating profit from Kesko's food business dropped 3.8% to EUR168.4m (US$228m) in 2012, the company reported today (5 ...
Tags: food profits, food stores, food
Reportedly, Japan’s JFE Steel announced that the company’s net incomes increased to 21.9 billion in the third quarter of the current fiscal year (during April 1st, 2012 through December 31st, 2012). In the third quarter of ...
Tags: Japan, JFE Steel, net incomes
Shares in toy giant Mattel hit a 14-year high after the company revealed its 2012 financial results last Friday. Its share price on the NASDAQ US stock exchange closed at $38.26 on Friday, February 1st, its highest since June 1998. ...
The Indian steel rim producer Steel Strips Wheels Ltd (SSWL) has announced that it registered net sales of INR 754 million ($14.15 million) in January, down 7.25 percent compared to the corresponding month of 2012. In terms of units sold, ...
US-based Mead Johnson Nutrition has reported that its net income increased by 48.1% to $132.3m for the fourth quarter ended 31 December 2012, compared to $89.3m for the same period in 2011. The company's net sales increased by 7.65% to ...
Tags: Mead Johnson Nutrition, net income, the fourth quarter
US food company Hillshire Brands has reported that its net income decreased by 86.1% to $65m for the second quarter ended 29 December 2012, compared to $470m for the corresponding period in the last year. The company's net sales increased ...
Tags: Hillshire Brands, net income, second quarter
Aluminium can maker Ball reported Q4 income of $60.6m, down from earnings of $77.5m, in the fourth quarter of 2011. Sales were $2.11bn in Q4, compared with sales of $2.05bn in the fourth quarter of 2011. Fourth quarter earnings were ...
Tags: US, Pack Firms, packaging segment
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
US food manufacturer Lancaster Colony has recorded an increase in first-half profits, boosted by sales growth in both of its divisions. Earnings in the six months to the end of December amounted to US$61.9m, a 20% increase on the ...
US meat giant Tyson Foods said fiscal 2013 is off to "a good start" after it booked an increase in first-quarter earnings. Net profit in the three months ended 29 December amounted to US$173m, an 11% increase on last year, it reported ...
Tags: Tyson Foods, meat giant, profits
US canned foods firm Seneca Foods has booked an increase in earnings in the first nine months of its fiscal year. In the period ended 29 December, net profit soared to US$37.5m from $13.4m in the year-ago period, the company reported ...
Tags: Seneca Foods, canned foods, profits