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CTI Industries Net Sales Decrease in Q2
Aug 15, 2017CTI Industries, a manufacturer and marketer of flexible packaging and storage products, laminated films and novelty balloons, has reported net sales of $12.81m for second quarter ended 30 June 2017, compared to $14.15m for the same period ...
Tags: CTI Industries, flexible packaging
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Heidelberg Increases Net Result After Taxes in Third Quarter
Feb 13, 2017After 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 ...
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European Car Market Resumed Growth Trend in November: ACEA
Dec 16, 2016The European Union passenger car market rebounded last month following the slowdown observed in October, with new registrations in November totaling 1,148,618 units, up 5.8% year on year, data from the European Automobile Manufacturers' ...
Tags: passenger car, car market
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Arla Delivers Positive Results in Tough Times
Aug 30, 2016At a time when dairy companies have struggled with the continued European oversupply of milk, Arla has strengthened the quality and profitability of its business. Arla’s strategic branded sales grew 6.1 per cent in the first half of ...
Tags: Arla, dairy, positive results
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Fera Science Partners with Global Id to Launch Horizonscan in Five Regions
Aug 25, 2016Fera Science has partnered with Global ID Group to launch its food safety and integrity tracking system in five new regions. The system, HorizonScan, allows food manufacturers to track and monitor a range of contaminant and authenticity ...
Tags: Fera Science, Global ID Group, food safety and integrity tracking system
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Metcash Group Profits Turnaround in Latest Results But Supermarket Profits Down
Jun 23, 2016Grocery wholesaler, Metcash, has turned its profits around announcing a AUD$216.5 million profit after tax for the 12 months ended 30 April 2016. This is a vast turnaround on its AUD $384.2 million loss it reported for the prior 12 month ...
Tags: grocery wholesaler, ASX
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Volkswagen Delivers 4.2 Million Vehicles in Period to May
Jun 23, 2016Compared with the value for May 2015, the Volkswagen Group grew deliveries to customers by 1.6 percent in May 2016 – throughout the world, a total of 871,500 vehicles were handed over to customers. In the period to May, 4.2 million ...
Tags: Volkswagen Group, steady growth
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Wesfarmers Cleans up Target's Supplier Rebate Arrangements
Apr 15, 2016On 23 February 2016, Wesfarmers announced a restructuring of Kmart and Target into a single Department Store division, led by Guy Russo as chief executive officer and Marina Joanou as finance director. On 24 March 2016, it was brought to ...
Tags: Wesfarmers, Kmart, Target, Guy Russo, Marina Joanous
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Woolworths Ditches Homebrand for New Private Label Range
Mar 30, 2016Woolworths supermarket group is saying goodbye to its Homebrand private label range and replacing it with another of its private label brand. Homebrand was established by Woolworths in 1983 and developed an early reputation for ...
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Murray Goulburn Not Immune to Low Dairy Prices
Mar 13, 2016Murray Goulburn says it is feeling the impact of a troubled dairy industry, revealing a slump in net profit to shareholders. The dairy company, which owns the Devondale brand, announced a net profit of only AUD$10 million for the six ...
Tags: low milk prices, Murray Goulburn
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Coles Returns Top Profits for Wesfarmers, Latest Results
Feb 29, 2016Wesfarmers has attributed its latest successful half-yearly results to a strategic emphasis on customer service, good value and improved product ranges in its Coles supermarkets and other retail stores. The parent company of Coles ...
Tags: Wesfarmers, Retail business
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Business Optimism Wanes as Results Fail to Meet Expectations
Dec 3, 2015Dun & Bradstreet’s latest Business Expectations Survey indicates a fairly subdued outlook for the first quarter of 2016, as results continue to fall short of expectations. As the new year approaches, businesses are reporting lowered ...
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British Polythene Industries Announces Trading Update
Nov 18, 2015British Polythene Industries has indicated in the Interim Statement that volumes were slightly ahead of the previous year, and that we were seeing polymer price reductions. These reductions coincided with lower demand from certain ...
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UK's 2 Sisters Food Group to Invest £150m in Poultry Business
Oct 30, 20152 Sisters Food Group plans to invest £150m into its poultry unit, an announcement that comes a few days after the Birmingham-based company stated that it intends to invest £55m into its ready meals business. The investment ...
Tags: Poultry Business, poultry unit
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Asian Paints Consolidated Announces Net Profit for Quarter
Oct 26, 2015Asian Paints has announced its financial results for the quarter and six months ended September 30, 2015. “The demand conditions in the Indian Economy remained subdued and growth of decorative coatings business segment in India ...
Tags: Asian Paints, decorative coatings