Asahi Group has agreed to acquire a group of Eastern European beer brands from Anheuser-Busch InBev (AB InBev) for €7.3bn. As per the deal, the Japanese beverage giant will purchase the beer brands and their operations in Czech ...
Tags: European Beer, Asahi Group
International Paper reported third quarter 2016 net earnings attributable to International Paper of $312 million ($0.75 per share) compared with net earnings of $40 million ($0.10 per share) in the second quarter of 2016 and net earnings of ...
Operating profit excluding special items was strong at $97m despite the third quarter being seasonally the weakest due to the summer holiday period in the northern hemisphere and the scheduling of annual maintenance work during the period. ...
In a trading statement for first-half 2016, epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that it expects to deliver a significant increase in revenues and profits compared with first-half 2015 and continues to ...
Tags: IQE, epiwafer foundry
Hornby is attempting to make the business profitable again following a loss of £13.5 million in what it has said was a "difficult and disappointing year". Hornby has revealed its plans to cut the number of toys it makes in an effort ...
Tags: pre-tax loss, Hornby
John Lewis has continued to outperform the market in uncertain trading conditions, with gross sales up 2.8% to £4.56bn (4.4% on a 52 week basis). To ensure that customers can shop whenever and however they want, John Lewis has ...
Tags: John Lewis, Trade condition, Annual summary
Operating performance in the quarter was strong and substantially above the equivalent quarter last year. The group increased EBITDA excluding special items by 21% to US$175 million, operating profit excluding special items by 51% to ...
Tags: Stronger Performance, EBITDA
For second-quarter 2015, GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has reported a fifth consecutive quarterly revenue increase, ...
After a slowdown in demand in the second half of last year in many parts of Europe, coatings companies in the region have become less confident about the short-term future. However, despite economic forecasts of relatively slow growth in ...
At its Investor Day held in Germany, the Adidas Group unveiled its new strategic business plan until the year 2020, which aims at further accelerating growth by significantly increasing brand desirability. “This is expected to ...
Tags: Adidas, new business plan, Adidas Neo
At its Investor Day in Herzogenaurach, the Adidas Group presented its new strategic business plan called "“Creating the New,” designed to accelerating growth significantly. Revenues are projected to increase at a ...
Tags: Adidas Group, Speed, Sporting Goods
DFS reports "continued strong momentum" in its latest financial report, covering the 13 weeks ending 1st November 2014. The quarter saw continued momentum in sales and EBITDA for DFS, with group gross sales up 15.3% to £197m (2013 ...
Tags: selling space, Furniture
Substantial investment in its infrastructure, the addition of new product ranges and major increases in online sales have helped retailer Lee Longlands, which boasts stores in Birmingham, Cheltenham, Leamington Spa, Abingdon and Derby, ...
Tags: operating profit, Furniture
Marks & Spencer (M&S) has published its financial results for the half year ending 27th September 2014, highlighting growing margin and profit over the period. Group sales rose by 1% to £4.9b. First-half sales were down 6.3%, partly ...
Tags: M&S, Home Sales
VF Corp. said The Timberland, Vans, The North Face, Kipling and Wrangler brands drove a 7 percent increase in revenues and an 11 percent increase in earnings per share in the third quarter ended Sept. 27, 2014. All per share amounts are ...
Tags: VF Corp, Outdoor Brands