A "solid" third quarter has led Denmark-based food ingredients firm Chr. Hansen to raise its forecasts for annual sales and EBIT margins. Chr. Hansen said today (4 July) it expects its sales to increase by 9-11% on an organic basis and ...
Swiss food manufacturer Huegli has blamed higher commodity costs for a plunge in half-year profits. The firm, which makes organic consumer brands and supplies other food manufacturers, as well as retailers and foodservice operators, ...
Tags: Huegli, commodity costs, plunge, half year profits
Swiss food manufacturer Huegli has said its 2012 profits will not hit its forecasts after a drop in sales in recent months. Huegli, which makes products from soups to desserts, saw revenues increase in the first half of the year but ...
Tags: Huegli, profits, sales drop, food industry
Denmark-based food ingredients firm Chr. Hansen has booked an increase in full-year profit and said it is "well prepared" for future growth. EBIT in the 12 month period climbed 16% to EUR185m (US$239.7m), the company reported yesterday ...
Tags: Profit, full-year profit, organic revenue
UK wholesaler Booker today (24 May) suggested it is positioning itself for further growth in the year to come through its strategy to "focus, drive and broaden" the business. The company posted a 27% rise in annual profits, which ...
Tags: Booker, catering customers, catering
Significant reduction of Oerlikon's exposure to the textile industry from 53 % to 33 % of total sales Remaining Textile Segment to focus on the manmade fiber business Transaction based on an enterprise value of around CHF 650 million ...
Tags: The Oerlikon Group, Textile Components, Natural Fibers
The Oerlikon Group reported a solid increase in order intake of 7 % and a sales growth of 2 % for the third quarter 2012. The Q3 EBIT margin was sustained at the same level as in Q1 (excluding one-time effects) and Q2 2012. With 11.6 % it ...
Tags: Textile order intake, profitability level, textile market
Overall, capacity utilization of spinning mills and margins continued to be stable and on a profitable level. However, downstream buying behaviour remained volatile. Financing for projects is becoming increasingly difficult, especially in ...
Tags: spinning mills, raw material prices, textile market, textile industry
US retailer Target Corp. has booked a jump in third-quarter profits, which benefited from higher sales and one-off gains. In a filing yesterday (15 November) Target said it had earned US$637m, or $0.96 per share, in the third quarter ...
Tags: jump in profits, retailer, stocks, higher sales
Third quarter flat glass sales rose 7.9 percent to $149 million USD compared to last year's 2011 third quarter results of $138 million, according a Vitro company release. Also displaying growth, flat glass's EBITDA also rose 94.2 and ...
Tags: market view, Flat Glass
Esprit Holdings Limited,one of the world's leading fashion brands,announced the annual results of the Company and its subsidiaries for the year ended 30 June 2012. Profitability The Group recorded a gross profit of HK$15,206 ...
Tags: Esprit Holdings, fashion brands, annual results, profitability
Gerry Weber International AG continues to grow, with sales revenues up 13.9% at the nine-month stage 2011/12. At EUR 178.4 million, sales revenues of Gerry Weber International AG in the third quarter of 2011/12 were up by 21.9% on the ...
Tags: Gerry Weber International, Retail revenues, mono-label stores
Danish food ingredients firm Chr.Hansen has reported a rise in its Q3 2012 revenues by 6.7%to€181.2m,compared to€169.8m in the corresponding quarter a year ago. The company's net profit for the three-month period of fiscal 2012 ...
Tags: net profit, organic growth, EBIT
Harald Sommerer, Zumtobel CEO Zumtobel Group has released its annual financial report for 2011/12. The group posted sales of EUR 1,280.3 million, which equates to 4.2 per cent growth. However, the pace of growth slowed steadily during the ...
Tags: led light
ASSA ABLOY has acquired Shandong Guoqiang Hardware in China. Guoqiang offers a full range of window hardware predominantly in the Chinese market. The company has a good market presence in China through an extensive network of sales offices. ...
Tags: Market View, hardware