Duni releases interim report for the period 1 January – 30 September 2013. Highlights: 1 July – 30 September 2013 - Net sales amounted to SEK 936 m (849). - Adjusted for exchange rate changes, net sales increased by 9.1%. ...
Wolverine Worldwide reported record financial results for its third fiscal quarter ended September 7, 2013. The quarter included a full 12 weeks contribution from the Company's October 2012 acquisition of the Sperry Top-Sider, Saucony, ...
Shuanghui International has acquired a US pork processor Smithfield Foods in an all-cash deal valued at $7.1bn, which includes the assumption of net debt. The deal received approval from Smithfield's shareholders at a special meeting held ...
Tags: Shuanghui International, pork
Smithfield Foods announced that its shareholders have voted in favor of proposed merger with China's Shuanghui International for $4.7bn, in a development which will be the largest ever takeover of a US company by a Chinese firm. At a ...
An increasing focus on brands and a revamped management structure have been pinpointed as two reasons why profits at the Real Good Food Company (RGFC) rose by 24% to £10.5M this year. "We are already discussing the potential for ...
Tags: Agriculture, Food, Good Food
Morrisons' half-year results delivered another disappointing read, concluded Shore Capital, which nevertheless upgraded its share advice from 'sell' to 'hold'. Morrsions' half-year results divided City opinion Analysts Darren Shirley ...
Tags: Agriculture, Food
Morrisons' boss Dalton Philips said the supermarket's growth would come from expansion of its convenience and online businesses, in a statement accompanying the retailer's half-year results posted today (September 12). Morrisons' strategy ...
Tags: Agriculture, Food
The Hilton Food Group's half-year results posted today (September 10) received a mixed reception from City analysts. Hilton Food's Australian joint venture with Woolworths would become 'a major profit centre', predicted Panmure Gordon ...
Tags: Agriculture, Food
Elders Limited has agreed terms with its existing financiers to renew and extend its syndicated finance facilities to 31 December 2014, as part of a comprehensive plan to secure the repositioning and sustainability of the company as a pure ...
China's Shuanghui International has announced that the Committee on Foreign Investment in the United States (CFIUS) has approved its proposal to acquire Smithfield Foods. Smithfield and Shuanghui International also received governmental ...
Tags: Smithfield Foods, Food
Russian mining and steel producing company Evraz Group has announced its unaudited interim results for the six months ended 30 June 2013. In the given period, Evraz registered a consolidated revenue of about $7.362 billion, decreasing 3.4 ...
Tags: steel, Metallurgy, Mineral, Energy
In its financial results according to international financial reporting standards (IFRS) for the second quarter of the current year, Russian pipemaker TMK saw its net profit decrease by 53 percent compared to the first quarter this year to ...
Tags: Net Profit, Mineral
Australian port and rail company Asciano Wednesday posted a 41.2% year-on-year rise in net profit to A$342 million ($311 million) for the fiscal year to June 30, due in part to new rail contracts to haul coal in the state of Queensland and ...
Tags: Coal, Chemicals, Metallurgy, Mineral, Energy
Australian iron ore giant Rio Tinto has announced its financial results for the first half of 2013, registering decreased earnings amid lower average market prices and a higher effective tax rate. However, the decrease in the company's ...
Tags: Net Profit, Rio Tinto
BASF increased sales by 3% in the second quarter of 2013 to just under €18.4 billion thanks to higher sales volumes in all segments. Income from operations (EBIT) before special items decreased by 5% to around €1.8 billion. In the ...
Tags: Construction, Decoration