EBIT articles & resources on Made-in-China.com

Koenig & Bauer Achieves Targets for 2017

Mar 26, 2018

Koenig & Bauer has fully achieved or exceeded its guidance for 2017, driven by strong revenue and earnings in the fourth quarter. The printing press manufacturer’s consolidated figures show that with the increase in revenue, ...

Tags: Koenig&Bauer, packaging

Bobst Group Reports Increased Sales Performance in 2017

Mar 7, 2018

Bobst 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

Magna International Realigns Management Structure Along Product Lines

Dec 21, 2017

Canadian global automotive supplier Magna International has announced new management structure and financial reporting segments. The shift better aligns our global operations with our long-term strategy tied to the future of mobility. ...

Tags: automotive, roof systems, sealing systems

Paper Manufacturer Europac Reports Profit Rise 82%

Oct 27, 2017

Spain-based paper mill company Europac Group has increased its net profit by 81.8% to £58.2m for the first nine months of the year compared to the same period last year. The company made a turnover of €876.9m in the reported ...

Tags: Europac, paper mill

Koenig & Baue's Revenue Drops in H1

Aug 14, 2017

German printing press manufacturer Koenig & Bauer has reported a 2.7% decline in its revenue to €538.9m for the first half of this year, compared to €553.9m for the same period last year. The company's EBIT stood at €16.3m ...

Tags: printing press, cardboard

Cloetta to Sell Italian Operations to Katjes

Jul 10, 2017

Swedish 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

Frigoglass Sales Decreases in Q1 2017

May 26, 2017

Frigoglass SAIC has announced unaudited results for the first quarter ended 31 March 2017 First Quarter 2017 Highlights Sustained growth momentum in Europe driven by increased sales to Coca-Cola bottlers and breweries Double digit ...

Tags: Frigoglass, bottler

Krones Reports Increase of Revenue in First Quarter of 2017

May 2, 2017

Krones, the manufacturer of beverage filling and packaging technology, has said that its revenue increased 16.5% year-on-year, from €772.1m to €899.4m. This strong growth rate cannot be extrapolated to the whole year because ...

Tags: Krones, packaging

Sweden's Cloetta Agrees to Acquire Candyking

Mar 1, 2017

Swedish 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 ...

Tags: Candyking, candy

Heidelberg Increases Net Result After Taxes in Third Quarter

Feb 13, 2017

After the third quarter of the 2016/2017 financial year, Heidelberger Druckmaschinen is still on course to increase its annual profit as planned. For example, during the third quarter (October 1 to December 31, 2016), the operating result ...

Tags: Heidelberger, digital transformation

KBA-Sheetfed Reports Increased Revenue in First Nine Months of 2016

Nov 14, 2016

In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...

Tags: KBA-Sheetfed, good net liquidity

Port of Melbourne Lease Cautiously Welcomed

Sep 27, 2016

The Port of Melbourne. The Victorian Government has successfully leased the Port of Melbourne for more than $9.7 billion. The Lonsdale Consortium, comprising of the Future Fund, QIC, GIP and OMERS signed a lease of the port’s ...

Tags: Port of Melbourne, lease

Grundfos Posts Improved Half-Year Profits

Sep 13, 2016

Grundfos’s earnings before interest and tax (EBIT) for the first six months of 2016 increased by 29% on 2015, from DKK637 million to DKK824 million. Half-year 2016 turnover however slipped 2.5% to almost DKK11.6 billion. ...

Tags: Grundfos, EBIT

Mercedes-Benz Launches Vito Mid-Size Van in China

Sep 7, 2016

Mercedes-Benz Vans has launched its new mid-size van, the Vito, at the Chengdu Motor Show in China. This marks another important stage of Mercedes-Benz Vans expanding its business in China, the world's largest automobile market. In March ...

Tags: Mercedes-Benz, Vito, mid-size van

Vetropack Reports Improved Revenue in First Half of 2016

Sep 6, 2016

Vetropack 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 ...

Tags: Vetropack, revenue

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