Brasil Foods has booked a 75% drop in third-quarter profits as higher feed costs more than offset sales gains in the period. The Brazilian meat company said net income fell to BRL91m (US$44m) in the three months, down from BRL365m in the ...
Tags: Foods, meat company, grain prices, feed costs, profit
Agribusiness giant Bunge has booked a jump in third-quarter income, which more than doubled as sales benefited from rising grain prices. The company said net earnings in the three months to the end of September rose to US$289m, up from ...
Tags: Agribusiness, grain prices, grain, grain trader
Barry Callebaut, the Swiss B2B chocolate manufacturer, today (5 July) reported a 2% increase in sales for the first nine months of its fiscal year, with contracts in the Americas helping revenue. Sales were up 2.3% to CHF3.59bn ...
Tags: chocolate manufacturer, chocolate, chocolate decorations
"Weak" global consumption of chocolate hit profits at Singapore chocolate and cocoa group Petra Foods in the third quarter. Petra said its cocoa ingredients division started the year on a "positive" note but said the industry is facing ...
Tags: Petra Foods, chocolate, Singapore chocolate, cocoa
Swedish retailer Axfood has booked drop in third-quarter profits as earnings were hit by costs related to store closures. In the three months to the end of September, profit after tax fell 0.7% to SEK265m (US$39.7m), which Axfood ...
Tags: Axfood, Q3 profit, costs, store closures
UK own-label firm Bakkavor has returned to profit in the third quarter of the year. Earnings in the three month period amounted to GBP2.8m (US$4.5m) compared with a loff of GBP5.7m in the prior year. The improvement was predominantly ...
Tags: Bakkavor, food, food industry, Profit
US pasta and pesto manufacturer Armanino Foods of Distinction has booked an increase in third-quarter profits and sales, driven by growth in all areas of the business. In the three months to the end of September, net profit climbed 16.5% ...
Tags: Armanino Foods, pasta, pesto, Foods
In the Q3 of 2012, revenue for the Russian division decreased by 9% to USD 1,132 million compared to the prior quarter mainly due to lower seamless volumes as a result of major repairs at several Russian plants and the impact of currency ...
Reuters reported that government infrastructure spending should help Zambia's economy grow faster over the next 2 years providing copper prices do not fall. Median forecasts from last week's survey of 13 economists show Africa's top ...
Tags: copper, Capital Economics, copper price
MMK Metalurji finished products output in 9 months 2012 was 748,000 tonnes up 2.7x YoY. Production in Q3 2012 totalled 211,000 tonnes. Revenue from the Turkish steel segment for 9 months 2012 was USD 637 million up 117% YoY. Revenue in Q3 ...
Production of molybdenum concentrates during the Q3 (July to September) of 2012 by major miners was 66.92 million pounds reflecting the downward trend since the beginning of 2012, following 69.28 million pounds during the Q1 (January to ...
Tags: Molybdenum, Molybdenum Production, Production of molybdenum concentrates
For its fiscal fourth-quarter 2012 (to end-August), LED chip and component maker SemiLEDs Corp of Hsinchu Science Park, Taiwan has reported revenue of $5.5m, up 3% on $5.3m a year ago but down 40% on $9.2m. last quarter. Revenue for ...
Tags: SemiLEDs, LED chip, LED component, LED projects, metal vertical photon LED
Rubicon Technology, Inc. (NASDAQ:RBCN), a leading provider of sapphire substrates and products to the LED, RFIC, semiconductor, and optical industries, reported financial results for its third quarter ended September 30, 2012. The Company ...
Tags: LED, North America, Rubicon Technology Sapphire Crystal, lighting
Packaging and component products manufacturer in the US, UFP Technologies has reported net income of $2.6m for the third quarter of 2012, which is 6.6% higher compared to $2.4m for the same period in 2011. For the nine-month period, the ...
Tags: UFP, packaging, manufacturer, sales
B&G Foods,a US-based manufacturer,seller and marketer of shelf-stable foods,has reported 15.9%increase in net sales to$154.2m for the third quarter ended 29 September 2012,compared to$133m for the same period in 2011. The company said ...
Tags: net sales, net income, acquisition, sales trend