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financial year
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Danish Crown's Dat-Schaub Buys Majority Stake in Shanghai Natural Casing
Mar 30, 2018Global meat processing company Danish Crown’s subsidiary DAT-Schaub has purchased a majority stake in Shanghai Natural Casing for an undisclosed price to expand its operations in China. The purpose of the acquisition is to gain ...
Tags: meat, meat processing
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Global Brands' Sales and Profits Increase in 2017
Mar 26, 2018UK-based drinks manufacturer and distributor Global Brands has reported a 16% increase in its annual sales for the year ending 30 September 2017. The company's turnover was £42m for the financial year. Gross profit went up to ...
Tags: drinks, alcoholic drink
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UK's RPC Group to Buy Industrial and Consumer Packaging Firm Nordfolien
Mar 19, 2018RPC Group, a UK-based plastic packaging solutions provider, has agreed to acquire industrial and consumer packaging firm, Nordfolien, for €75m. Nordfolien is engaged in the design and manufacturing of polythene films for industrial ...
Tags: plastic packaging
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Ricoh to Introduce New Material for High Speed 3D Printer
Nov 1, 2017Ricoh will launch a new material for its SLS RICOH AM S5500P 3D printer at formnext. The company is claimed to be first to develop polybutylene terephthalate (PBT) for SLS machine. PBT has high strength property and is a heat resistant ...
Tags: Ricoh, 3D Printer
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Sappi Net Profit Increases in Q3
Aug 8, 2017Sappi has reported a net profit of $58m for this financial year’s third quarter, compared to $32m for the same period last year. For Q3, its earnings per share stood at $0.11, excluding special items. Sappi had also reduced its debt ...
Tags: Sappi
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Square Enix Cut Ties with Hitman Developer Io Interactive
May 12, 2017Square Enix has announced plans to sell Hitman developer IO Interactive after the beloved episodic stealth title failed to perform for the publisher. In a recent note to investors, the Japanese company confirmed they had made a loss of ...
Tags: Square Enix, Hitman
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Driverless Vehicle Testing to Start in New York
May 12, 2017The US state of New York is accepting applications from companies that seek to test or demonstrate autonomous vehicles on public roads. New York Governor Andrew Cuomo announced that a program to allow testing of autonomous vehicles is ...
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Windows 10 Now Has 500 Million Users, But It's Well Short of Initial Hopes
May 11, 2017Microsoft has confirmed there are now 500 million active Windows 10 machines. Microsoft announced the landmark figure, just before the Build 2017 developer’s conference kicked off in Seattle, Washington, on Wednesday. The company ...
Tags: Windows 10, Microsoft
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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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BMW to Release 40 Models to Compete Against Mercedes
Mar 27, 2017German luxury car-maker BMW plans to launch 40 new or revised models under its brands BMW, Mini and Rolls Royce by 2018 as it looks to compete against its rival Mercedes. The company will focus on top end and premium segments in its ...
Tags: BMW, luxury car
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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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Cranswick Acquires Northern Irish Pork Processing Business Dunbia Ballymena
Nov 21, 2016UK food producer Cranswick has acquired Northern Irish pork processing business Dunbia Ballymena for an undisclosed amount. Cranswick purchased the entire issued capital of Dunbia Ballymena’s pork business for cash. Dunbia ...
Tags: Cranswick, food producer
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Brexit Hits C&C's Profits in H1
Nov 17, 2016Dublin-headquartered cider manufacturer C&C Group reported a 14.4% decline in its net revenue to €307m for the first half of this year, compared to €358.6m for the same period in 2015. The company registered a 12.0% decrease in ...
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Nine Dragons Paper Announces Fy2016 Annual Results
Sep 27, 2016Nine Dragons Paper announced the audited consolidated results of the company and its subsidiaries for the year ended 30 June 2016. The Board has declared and approved a final dividend of RMB 8 cents per share, and special dividend of RMB ...
Tags: Nine Dragons Paper, annual results
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The Entertainer Enjoys Record Sales Results for 2015/16
Sep 27, 2016In what it describes as a momentous perdiod, the multichannel retailer has seen a 39 per cent growth in online sales. The Entertainer is celebrating its seventh consecutive year of growth having reached a pre-tax profit of £6.9 ...
Tags: Entertainer, online sales
