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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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Brait SE Has Acquired 90 Per Cent Stake in UK Fast Fashion Apparel Retailer New Look
May 20, 2015South African retail heavyweight Christo Wiese through his private equity vehicle Brait SE has acquired 90 per cent stake in UK fast fashion apparel retailer New Look. Brait SE has acquired the stake for £780 million, primarily ...
Tags: Brait, Apparel Retailer, Apparel
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Gruma Completed The Acquisition of Azteca Foods Europe
Apr 3, 2015Mexican corn miller and tortilla producer Gruma has acquired the European unit of US-based Azteca Foods in a €45m deal. The acquisition includes all shares and ownership interests representing the capital stock of Azteca Foods ...
Tags: Gruma, wheat products, Food
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Austria Based Producer Ofspecialty Viscose Fibres's Sales Declined in 2014
Mar 26, 2015Preliminary figures released by Austria based producer of specialty viscose fibres indicate that its consolidated sales declined marginally in 2014 from 2013. Consolidated revenues of the Lenzing Group slipped slightly to €1.86 ...
Tags: Lenzing, viscose fibres, Textile
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Lenzing Group Reports First Quarter Results for 2014
May 15, 2014Lenzing Group reports first quarter results for 2014. The first quarter of 2014 for the Lenzing Group was characterized by the steady erosion of selling prices for man-made cellulose fibers against the backdrop of the ongoing strong volume ...
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ThyssenKrupp Has Achieved All Operating and Strategic Targets for The First Quarter
May 14, 2014Germany-based steelmaker ThyssenKrupp has announced its financial results for the first half ended March 31 of the financial year 2013-14, stating that it has achieved all operating and strategic targets for the first quarter. In the ...
Tags: ThyssenKrupp, steelmaker
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Clariant Had a Promising Start to The Year with Good Volume Growth
Apr 30, 2014"Clariant had a promising start to the year with good volume growth and an increase in operating profitability," said CEO Hariolf Kottmann. "Overall, our businesses performed well in an improving but still mixed economic environment. The ...
Tags: Construction, Decoration, economy
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The Bayer Group's EBITt Rose by 18.4 Percent to Eur 2,096 Million
Apr 29, 2014The 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," ...
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Recticel Decided to Adopt The New IFRS 11 Reporting Standard as of 01 January 2013
Mar 4, 2014As announced in the press release of 04 October 2013, Recticel decided to adopt the new IFRS 11 Reporting Standard as of 01 January 2013. Consequently, the joint ventures, which were previously integrated by application of the proportionate ...
Tags: Recticel Sales, Textile
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ThyssenKrupp Raised €882.3 Million Through a Capital Increase
Dec 5, 2013German steelmaker ThyssenKrupp has announced that it has raised €882.3 million through a capital increase corresponding to 10 percent of capital stock, selling 51.5 million new shares at €17.15 per share. This capital measure ...
Tags: Thyssenkrupp, Capital Increase
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Enel SpA Finalized The Sale of Its 40% Stake in Artic Russia BV
Nov 15, 2013Enel SpA (“Enel”), through its wholly-owned subsidiary Enel Investment Holding BV, finalized the sale of its 40% stake in Artic Russia BV, which in turn owns 49% of the share capital of SeverEnergia (the aggregated interest of ...
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Clariant Performance Well on Target After Solid Third Quarter
Nov 3, 2013Clariant performance well on target after solid third quarter Sales from continuing operations in Q3 2013 grew 2% in local currencies and were 3% lower in Swiss francs, at CHF 1.443 billion, down from CHF 1.489 billion in the same period ...
Tags: economy, Construction
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Recticel Announces Results of Third Quarter of 2013 for Different Segments
Nov 1, 2013Recticel announces results of third quarter of 2013 for different segments. Combined sales decreased from EUR 316.4 million in 3Q2012 to EUR 307.9 million in 3Q2013 (-2.7%). Over the first nine months, combined sales decreased by 5.6% ...
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First Quarter Sales Was an Increase of 2% in Local Currencies and 1% in Swiss Francs
May 3, 2013Clariant reported first quarter sales 2013 from continuing operations of CHF 1.526 billion compared to CHF 1.513 billion in the previous-year period, an increase of 2% in local currencies and 1% in Swiss francs. Organic growth of 2% was ...
Tags: Clariant, Construction
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Clariant Announced Full-Year Sales 2012 From Continuing Operations of CHF 6.038 Billion
Feb 20, 2013Clariant announced full-year sales 2012 from continuing operations of CHF 6.038 billion compared to CHF 5.571 billion in the previous-year period. This corresponds to an increase of 8% in local currencies and in Swiss francs. The 8% ...
Tags: Clariant, full-year, sales 2012