Westlake Chemical Corporation reported net income for the three months ended December 31, 2012 of $95.3 million, or $1.42 per diluted share, compared to net income of $26.4 million, or $0.40 per diluted share, reported for the fourth ...
Europe’s leading online shop for shoes and fashion successfully concluded the business year 2012 and continues to deliver unprecedented growth. With net sales of 1.15 billion EUR Zalando was able to more than double sales compared to ...
Tags: net sales, Fashion Etailer Zalando, 2012
Australia-based iron ore miner Mount Gibson Iron has announced its financial results for the first six months ended December 31 of the financial year 2012-13. In the given period, the company's net profit declined by 71.4 percent year on ...
Tags: iron ore prices, iron ore, iron ore miner
US pasta and pesto manufacturer Armanino Foods has recorded an increase in full-year earnings, despite battling rising raw material prices as a result of the US drought. Net profit amounted to US$2.88bn in the 12 months to the end of ...
Tags: Armanino Foods, full-year earnings, raw material prices
Weak demand and lower prices in Australia impacted significantly on ACCO Brands' international results in the fourth quarter, ended December 31. The Illinois-based global office products supplier said net international sales increased to ...
Swiss food company Nestlé has reported that its net earnings increased 11.57% to CHF10.6bn ($11.5bn) in 2012, compared to CHF9.5bn ($10.35bn) in 2011. The company posted 10.2% increase in net sales to CHF92.2bn ($99.97bn), compared ...
Tags: Nestle, 2012, Net Earnings
Swedish-based iron ore producer LKAB has issued its financial results for the fourth quarter and the full year 2012, stating that the company's production and shipments reached record high levels in the fourth quarter, while lower iron ore ...
Tags: iron ore prices, iron ore producer, iron ore
Bristol-Myers Squibb has reached an agreement with Reckitt Bencksier for several of its over-the-counter medicines. As part of the agreement, Reckitt Benckiser will pay Bristol-Myers Squibb $438 million (£282 million) upfront for ...
US poultry producer Pilgrim's Pride moved to a profit in 2012 and claimed its "best results in recent years". The company made a profit of US$174m in the 12 months to the end of December. This compares to a net loss of $495.7m last year. ...
Tags: poultry producer, Pilgrim's Pride, profit
Kraft Foods Group today (15 February) said it expected to file a near-11% fall in revenues for the last three months of 2012, with sales down across the US grocery group's businesses. The Oscar Mayer meats firm, which was formed when ...
Tags: Kraft Foods Group, revenues, 2012
Finland-based meat group HKScan booked an increase in profits in 2012 but said the group's performance last year was "below expectations". Earnings amounted to EUR16.4m (US$21.8m), a 34.4% increase on the prior-year period. Operating ...
Tags: meat group, HKScan, profits
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 ...
Better management of input costs and higher sales in emerging markets have helped global snacks giant Mondelez International report higher underlying profits in 2012. The Cadbury owner booked a 4% increase in operating income to US$3.64bn ...
Tags: Cost Control, Developing Markets, Mondelez
US food group Campbell Soup Co. has recorded a drop in first-half profits as costs related to its acquisition of Bolthouse Farms hit earnings. Earnings in the six months ended 27 January fell to US$430m, a 7.3% decline on last year, the ...
US firm B&G Foods has recorded an increase in full-year profits, boosted by acquisitions and price increases in 2012. Earnings in the 12 months ended 29 December amounted to US$59.3m, a 17.9% increase on the prior year period. Operating ...
Tags: B&G Foods, full-year profits, acquisitions