Swedish confectionery and nuts company Cloetta has agreed to divest Cloetta Italy to Katjes International. The sale equals an Enterprise Value (EV) of approximately SEK 450m. The proceeds will generate a positive net cash effect of ...
Tags: Cloetta
Pump manufacturer Concentric AB will lay off 34 staff as part of its plan to restructure its new manufacturing unit in Chivilcoy, Argentina, in the wake of drooping demand in commercial vehicle market in South America. The entire one-off ...
Tags: Pump, commercial vehicle
Belgium based women’s lingerie retailer Van de Velde reported a 6.0 per cent year over year sales hike in the first half of 2015 ended June 30, 2015. An interim report informed that its turnover rose 6.0 per cent from €107.0 ...
It was reported on 25 March 2015 that new Country of Origin Labelling laws will be delayed until at least August 2015 despite the Prime Minister’s announcement on 16 February 2015 that country of origin labelling proposals for reform ...
Tags: FSANZ, dietary supplements, Food
In the first six months of 2014, while releasing its interim report, Finland-based Marimekko Group, said that despite decline in net sales, operating loss fell by half from the same period of 2013. In the period January to June 2014, net ...
Trelleborg announces interim report for second quarter from April to June 2014. Second quarter Net sales for the second quarter of 2014 increased by 2 percent (0) and totaled SEK 5,725 M (5,628). Organic sales declined by 1 percent ...
Tags: Trelleborg, Report, Textile
CDON announces interim report for 1 January – 30 June 2014. 16% sales growth and positive cash flow of SEK 72 million in Q2 Second quarter. Net sales were up 16%, amounting to SEK 1,110.9 (958.5) million. Including divested ...
Tags: CDON, Apparel, Accessories
Duni AB announces Interim report for Duni AB (publ) 1 January – 30 June 2014. 1 April – 30 June 2014 -Net sales amounted to SEK 1 017 m (914). Adjusted for exchange rate changes, net sales increased by 7.1%. -Earnings ...
The Bayer Group started the year 2014 with encouraging growth in sales and earnings. "Our Life Science businesses continued their dynamic development and achieved slight earnings increases despite significant negative currency effects," ...
Duni AB announces Interim Report for Duni AB (publ) 1 January – 31 March 2014. Highlights: -Net sales amounted to SEK 921 m (852). Adjusted for exchange rate changes, net sales increased by 5.2%. -Earnings per share, after dilution, ...
Tags: Textile
Indian miner Vedanta Resources has announced that in the January-March period this year it produced 1.5 million mt of iron ore, after resuming mining operations in the Indian state of Karnataka on December 28, following clearance from the ...
Tags: Vedanta Resources, mining
The Food Standards Agency (FSA) has today confirmed details of a new round of tests of beef products for horse meat contamination. The tests have been requested by the European Commission as part of the follow-up to last year's horse meat ...
Tags: FSA, certification, Agriculture, Food
Not content with selling gas domestically, some of China's private gas distribution companies are becoming increasingly ambitious and are planning to enter the LNG import business, competing directly with state-owned LNG buyers such as ...
Tags: Gas, LNG Imports, Natural Gas
Holden chairman and managing director Mike Devereux says no decision has been made on the future of the car maker's Australian manufacturing operations. Speaking to the Federal Government's Productivity Commission?in Melbourne, Devereux ...
Tags: Holden, Australian Future, Car Maker