Dutch food ingredients firm CSM expects to make a major progress on the sale of its bakery unit by early 2013. The company is currently undertaking preparatory work to divest the unit. CSM's bakery unit, which supplies ready-made muffins ...
Tags: ready-made muffins and croissants, bread and pastry mixes
On Tuesday, 24 July 2012, the Board of Billabong announced that it had received an indicative, non-binding and conditional proposal from TPG to acquire all of the shares in the company for $1.45 cash per share by way of a scheme of ...
Tags: Billabong, TPG, conditional proposal, global boardsports
Thorntons saw its share price rise this morning (12 September) despite lower full-year profits as an improved second-half performance led to better-than-expected pre-tax earnings. In the 53 weeks to the end of December, Thorntons saw a ...
Tags: Thorntons, chocolate, candy, price rise
UK frozen food manufacturer Iglo Group has booked an increase in first-half profits but warned it expects markets in the second half of the year to remain "challenging". EBITDA in the six-month period climbed 12.8% to GBP180.3m ...
Tags: frozen food, snacking, takeaway style, fish, poultry, vegetables
CNH Global N.V. (CNH) announced financial results for the quarter ended June 30, 2012. For the quarter, net sales increased 3% (9% constant currency basis) to $5.0 billion as firm global demand for agricultural equipment, on the back of ...
Tags: market view, agricultural equipment, construction equipment
Three of the four top cement players that have so far reported results for the March 2012 quarter, have recorded higher operating profit margins year-on-year. Some have improved it sequentially, too, helped by higher realisations. At Rs ...
Tags: market view, cement
- Full year Net Sales increase 25% to $18.1 billion - Agricultural equipment +23% to $14.2 billion - Construction equipment +32% to $3.9 billion - Full year Equipment Operations - Operating Profit of $1.5 billion, an increase of 65% - ...