Improved performance in Bayer AG’s Life Science business helped its profit jump 14 percent in the second quarter. On Wednesday, the Germany-based company reported a net profit of 953 million euros ($1.28 billion) in the quarter, ...
Tags: Bayer, Electrical, Electronics
BASF SE, the world's largest chemical company by sales, reported a sharp increase in profits in the third quarter on Friday, but warned that exchange-rate fluctuations will dent earnings growth in the fourth quarter. The Ludwigshafen, ...
Tags: Exchange Rates, BASF
The sharemarket resumed its upward march yesterday as corporate earnings encouraged investors to continue moving from cash and bonds to equities. The benchmark S&P/ASX 200 closed up 0.6 per cent at 5063.4 -- its highest since the ...
Tags: earnings, sharemarket, benchmark
The sharemarket has closed at its highest point since September 2008, led by the major banks. At 4.15pm AEDT, the benchmark S&P/ASX 200 index had risen 29.5 points, or 0.59 per cent, to 5063.4 points, while the broader All Ordinaries ...
Tags: Stocks, sharemarket, Ordinaries index
Finland-based meat group HKScan booked an increase in profits in 2012 but said the group's performance last year was "below expectations". Earnings amounted to EUR16.4m (US$21.8m), a 34.4% increase on the prior-year period. Operating ...
Tags: meat group, HKScan, profits
Western European production of ethylene, propylene and butadiene in the fourth quarter of 2012 was down from the same period of 2011, according to the Association of Petrochemical Producers in Europe this week. Ethylene production in the ...
Tags: West European, Olefin Volumes, APPE, Chemicals
Russian retailer Magnit booked a 71.62% increase in full-year EBITDA today (22 January), driven by improved margins and higher sales. The company said that EBITDA rose from RUB27.6bn (US$939.3m) in 2011 to RUB47.37bn in 2012. In 2012, the ...
Tags: Magnit, margins, higher sales, EBITDA
Finnish retailer S Group has booked higher half-year profits on the back of improved sales. S Group today (16 August) reported a 2.9% increase in first-half profit to EUR80.6m (US$99.6m). Retail sales were up 5.8% to EUR5.84bn. The ...
Tags: S Group, half year profits, sales, food company
Whole Foods Market raised its full-year sales and profit forecast after booking a 32% increase in third-quarter earnings. The US natural and organic retailer said net income rose to US$116.85m from $88.47m last year in the 12 weeks to 1 ...
Tags: whole foods market, US food market, earnings, food industry
Retail giant CBD has booked a 64.6% rise in third-quarter profit as sales benefited from the Brazilian government's stimulus package. CBD's third-quarter net profit totalled BRL210m (US$103.4m) up from BRL128m in the same period of last ...
Tags: Profit Jump, stimulus package, EBITDA margin