London-listed Ukrainian dairy firm Ukrproduct said it is expecting an "encouraging" improvement in performance year-on-year when it releases its full-year earnings figures in April. The company said today (31 January) it expects sales and ...
Tags: dairy firm, dairy sector, cheese exports
CCL Industries Inc., a world leader in specialty packaging solutions for the consumer products and healthcare industries, has signed a binding agreement to acquire the Office & Consumer Products and Designed & Engineered Solutions ...
Tags: label converting business, packaging solutions, CCL Industries
January 30, Chrysler Group released financial data in 2012. In the fourth quarter last year and the whole year, the main financial indicators such as operating revenue, business profit and net profit, grew year on year. Especially business ...
Tags: Chrysler, business profit, 2012
Canadian retailer Metro Inc has reported an increase in first-quarter profits as higher sales boosted margins. Metro booked a 17.1% rise in net earnings to C$121.4m (US$121.1m) for the quarter to 22 December. Excluding profits from a ...
Tags: food inflation, food industry, profits
Indo Rama Synthetics (India) Limited, India’s largest dedicated polyester manufacturer, announced its un-audited financial results for the third quarter and Nine Months ended December 31, 2012. Q3FY2013 Results (all comparisons ...
Sangam (India) Ltd., one of the leading textile companies with presence in PV (Polyester/ Viscose) Dyed Yarn and Fabrics segment and a fully integrated company from yarn to branded Fabrics, posted robust growth in the third quarter ended ...
Chiquita Brands has indicated that fourth quarter and full year results for 2012 are down on 2011 due to a poorer performance from its salad business, poorer currency exchange and on-off charges. The banana group said today (28 January) ...
Tags: Chiquita Brands, fourth quarter, 2012
US-based Dole Food has received clearance from the Chinese Ministry of Commerce to sell its worldwide packaged foods and Asia fresh produce business to Japanese trading house Itochu for $1.68bn in cash. The two companies had signed an ...
Tags: Dole Food, worldwide packaged foods, fresh produce business
India Ratings’ outlook for cotton textiles remains negative to stable for 2013 on account of subdued demand, although margins are expected to benefit from softening raw material prices. The outlook for synthetic textiles remains ...
Tags: cotton textile, cotton, textiles, cotton prices
Unifi, Inc. released preliminary operating results for its second fiscal quarter ended December 23, 2012. The Company reported net income of $2.4 million, or $0.12 per share, compared to a net loss of $7.6 million, or $0.38 per share, for ...
Tags: Unifi, second fiscal quarte, profits
Russian retailer Magnit booked a 71.62% increase in full-year EBITDA today (22 January), driven by improved margins and higher sales. The company said that EBITDA rose from RUB27.6bn (US$939.3m) in 2011 to RUB47.37bn in 2012. In 2012, the ...
Tags: Magnit, margins, higher sales, EBITDA
NeoPhotonics Corp of San Jose, CA, USA, a vertically integrated designer and manufacturer of both indium phosphide (InP) and silica-on-silicon photonic integrated circuit (PIC)-based modules and subsystems for bandwidth-intensive, ...
Tags: NeoPhotonics, semiconductor, semiconductor optical components
How Dell will fare in private hands – if a buyout is indeed imminent – depends entirely on how the company’s management will react to the declining revenues from its PC business, and how it will develop other areas of its ...
Tags: Dell, private hands, PC business
Toumaz has said in a trading update for the year ended 31 December 2012 that EBITDA loss will be in the region of £10.9m compared with a loss of £6.1min 2011. "The increase in costs resulted from increased investment in new ...
Tags: Toumaz, loss, Radio Business, company news
Ardagh Group, a global leader in glass and metal packaging solutions, today announced that it has made a binding and irrevocable offer and entered into exclusive negotiations with Compagnie de Saint-Gobain to purchase from it the entire ...
Tags: Ardagh Group, glass, metal, packaging solutions