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EBIT margin
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Bobst Group Reports Increased Sales Performance in 2017
Mar 7, 2018Bobst Group, a Swiss-based supplier of equipment and services to the packaging and label industries, has reported consolidated sales of CHF1 529m ($1,629m) in 2017, an increase of CHF82m, or 5.7%, compared to 2016. The operating result ...
Tags: packaging, label industries
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Cloetta to Sell Italian Operations to Katjes
Jul 10, 2017Swedish confectionery and nuts company Cloetta has agreed to divest Cloetta Italy to Katjes International. The sale equals an Enterprise Value (EV) of approximately SEK 450m. The proceeds will generate a positive net cash effect of ...
Tags: Cloetta
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Sweden's Cloetta Agrees to Acquire Candyking
Mar 1, 2017Swedish confectionery and nuts firm Cloetta has agreed to acquire Candyking, a concept supplier of pick and mix candy in the Nordic countries and the UK. The acquisition strengthens Cloetta’s position within pick and mix and creates ...
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Vetropack Reports Improved Revenue in First Half of 2016
Sep 6, 2016Vetropack Group significantly enhanced its revenue in the first half of 2016. Vetropack Italia, a member of the Group since early August 2015, making a major contribution of over 10%. Net sales from goods and services amounted to CHF ...
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ZF Increases Profitability in The First Half of 2016
Aug 15, 2016Friedrichshafen. ZF Friedrichshafen AG has continued its good business development in the first half of 2016. In the first six months of 2016, sales increased to €17.8 billion and the adjusted operating profit (EBIT) rose to €1.1 ...
Tags: ZF, EBIT margin
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KION to Buy Dematic for USD 3.25B
Jun 23, 2016KION GROUP AG, already one of the two largest suppliers of forklift trucks, warehouse equipment and related services with Linde and Baoli, amongst others, will become one of the largest global providers of intelligent intralogistics by ...
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Peak Performance Grows Revenue 2.5 Percent
Sep 16, 2015Peak Performance, Scandinavia's largest technical sports and fashion wear brand, generated revenue of DKK 953m ($154 mm) in the fiscal year ended June 30, up 2.5 percent from the prior fiscal year, or 4.1 percent in currency-neutral terms, ...
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Thule Group Divests Snow Chain Business
Sep 16, 2015Thule Group divested its Snow Chain business Wednesday in order to tighten its focus on driving growth in its core Outdoor & Bags segment, which makes everything from car racks to backpacks, and cases for consumer electronics. Thule Group ...
Tags: Thule Group, Outdoor, Bags
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Organic Sales increases in Q1
Apr 24, 2015For the first quarter ended March 31, 2015, Danish industrial enzymes producer, Novozymes reported an 8 per cent year on year organic sales growth. In Danish currency, it posted a massive growth of 18 per cent from the prior year ...
Tags: Novozymes, Organic Sales Growth
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Foot Locker's Earnings Rose 18.0% to $146 Million in Q4
Mar 16, 2015Foot Locker, Inc. reported fourth-quarter earnings rose 18.0 percent to $146 million, or $1.01 a share, easily eclipsing Wall Street's target. Earnings, adjusted for non-recurring gains, came to $1 per share, beating Wall Street's consensus ...
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Adjusted Earnings Per Share at Retailer Target Corporation Grew 14.9% in Q4
Mar 3, 2015In the fourth quarter of 2014, adjusted earnings per share at retailer Target Corporation grew 14.9 per cent from the same quarter of 2013. Adjusted earnings per share rose to $1.50, up 14.9 per cent from $1.31 in 2013, while full-year ...
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Partnering for Impact,a New Corporate Strategy Titled of Novozymes
Jan 26, 2015Novozymes unveiled its new corporate strategy titled, ‘Partnering for impact’, which is accompanied by a new set of long-term social, environmental and financial targets. It also includes a new purpose statement which reads, ...
Tags: biology, financial targets, Textile
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Retailer Target Corporation Said Its Third Fiscal Quarter Ended November 1, 2014
Nov 24, 2014Retailer Target Corporation said its third fiscal quarter ended November 1, 2014 adjusted EPS of $0.54 was above the expected range of $0.40 to $0.50. However, the adjusted earnings per share were 2.9 per cent lower from $0.56 earnings ...
Tags: Retailer, reporting quarter, Apparel
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Rieter Sets New Priorities in The Implementation of Its Strategy
Nov 18, 2014Following on the 2012/2013 investment program and the resulting enhancement of its global presence, Rieter is setting new priorities in the implementation of its strategy, among which includes growing faster than the market. Rieter said ...
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Thorntons Has Reported a Decline in First-Quarter Sales with Weak Performance
Oct 15, 2014Thorntons, a manufacturer of confectionery and other sweet foods, has reported a decline in first-quarter sales with weak performance by both FMCG and retail divisions In its first quarter trading update for the 14 weeks up to and ...