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Financial Performance
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Volvo Cars Sets New Goal for Autonomous Driving Cars
Jun 11, 2018Swedish automaker Volvo Cars expects to generate half of all sales annually from fully electric cars by 2025, with one third of all cars sold to be autonomous driving cars. The company said that half of its driverless cars will be ...
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Thai Beverage to Buy 54% Stake in Vietnam's Sabeco for $4.8bn
Dec 21, 2017Vietnam Beverage, ThaiBev’s domestic unit, has won a bidding to acquire 54% stake in Saigon Beer Alcohol & Beverage Corp (Sabeco) for $4.8bn. Sabeco is owned and under the authority of Vietnam's Ministry of Trade and Industry. The ...
Tags: Thai Beverage, Beverage
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Anchor Glass Container Names New Vice President of Erngineering
Oct 23, 2017Anchor Glass Container has announced the following additions to the Anchor Glass Senior Leadership Team. Steve Stout has been named as Vice President-Engineering. Steve will be responsible for strategic capital investments and developing ...
Tags: Anchor, Glass Container
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Pilgrim's Pride to Buy UK Poultry Processor Moy Park From JBS for $1.3bn
Sep 13, 2017Chicken producer Pilgrim's Pride has agreed to acquire JBS’ British poultry unit Moy Park for $1.3bn to expand its portfolio of prepared foods. By adding Moy Park’s operations in the UK and Continental Europe, Pilgrim's Pride ...
Tags: poultry meat, prepared foods
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Winpak's Revenue Increase in Q1 2017
May 2, 2017Winpak has reported the consolidated results for the first quarter of 2017, which ended on 2 April 2017. Winpak Ltd. manufactures and distributes high-quality packaging materials and related packaging machines.The Company's products are ...
Tags: Winpak, packaging materials
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Krones Reports Increase of Revenue in First Quarter of 2017
May 2, 2017Krones, 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 ...
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Bemis' Global Packaging Net Sales Increases in Q1 2017
May 2, 2017Bemis Company has reported financial results for its first quarter ended 31 March, 2017. Initiatives to Improve U.S. Packaging Operations and Profitability As part of the Company’s efforts to improve the profitability of its U.S. ...
Tags: Packaging, Bemis Company
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Highlander Partners Acquires US Candy Company Gimbal Brothers
Apr 7, 2017Middle-market private investment company Highlander Partners has acquired Gimbal Brothers, a manufacturer of gummy vitamins and gourmet jelly beans. Highlander Partners has also formed Bettera Brands to pursue confection and snack ...
Tags: gummy vitamins, beans
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Sanderson Farms Selects Site for New Poultry Complex in Texas
Mar 28, 2017Sanderson Farms has selected sites in Smith and Wood Counties for building a new feed mill, hatchery, poultry processing plant and waste water treatment facility. These facilities will comprise a state-of-the-art poultry complex with the ...
Tags: Sanderson Farms, Poultry Complex
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Inventure Foods to Offload Fresh Frozen Foods to Pictsweet
Mar 27, 2017Inventure Foods has agreed to divest Fresh Frozen Foods to The Pictsweet Company for nearly $23.7m in an all-cash deal. The strategic sale by Inventure Foods was announced during an ongoing company review process aimed at improving ...
Tags: Inventure Foods, Frozen Foods
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CCL Industries Announces 2016 Financial Results
Mar 1, 2017CCL Industries, a world leader in specialty label and packaging solutions for global corporations, government institutions, small businesses and consumers, reported record fourth quarter and annual financial results for 2016. Sales for ...
Tags: CCL Industries, specialty label, packaging
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KapStone Reports Q4 and Full Year Results
Feb 14, 2017KapStone Paper and Packaging reported preliminary results for the fourth quarter and year ended December 31, 2016. As compared to 2015's fourth quarter, results for 2016's fourth quarter: Net sales of $777 million, up $13 million, or 2 ...
Tags: KapStone Paper, Packaging
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Second Quarter and Half Year 2011 Results and Interim Dividend Announcement
Dec 10, 2016Royal Dutch Shell Chief Executive Officer Peter Voser commented: “Our second quarter 2011 earnings were higher than year-ago levels, driven by increased energy prices and Shell’s operating performance. Shell reinvests its ...
Tags: Royal Dutch Shell, Shell
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Royal Dutch Shell PLC Second Quarter 2014 Results Announcement
Dec 8, 2016Second quarter 2014 summary of unaudited results Royal Dutch Shell’s second quarter 2014 earnings, on a current cost of supplies (CCS) basis (see Note 2), were $5.1 billion compared with $2.4 billion for the same quarter a year ago. ...
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New Shell CEO Ben Van Beurden Sets Agenda for Sharper Performance and Rigorous Capital Discipline
Dec 8, 2016Van Beurden, who became the new CEO of Royal Dutch Shell plc (“Shell”) on 1 January 2014, said Shell’s strategy overall is sound. The company has a high quality portfolio and key strengths in technology and project ...
Tags: Shell, technology, project delivery
