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UPDATE 1-Paper maker UPM misses first-quarter profit expectations
2015-04-28 14:15:44| Paper - Topix.net
Finland's UPM-Kymmene , the world's largest maker of graphic papers such as magazine paper and newsprint, missed quarterly core profit expectations due to weak paper deliveries and prices. The company said on Tuesday its profit was boosted by cost cuts and favourable exchange rates, but that was offset by weaknesses in its paper and energy divisions.
Tags: update
profit
expectations
maker
Covergirl, Gillette maker Procter & Gamble boosts local profit
2015-04-26 09:06:43| Food - Topix.net
Procter & Gamble Australia, the maker of make-up business CoverGirl, Gillette razors, and Pantene shampoo and conditioner, posted an improved profit in 2014 despite a dip in revenue. The accounts for the maker of Duracell batteries, Mum deodorant and Oral B toothpaste show a $9.24 million profit in the 2014 financial year, up from $9.2 million the previous year.
Tags: local
profit
maker
gamble
Asian comeback spurs growth for spirits maker Pernod Ricard
2015-04-23 09:30:50| Beverages - Topix.net
Rising Asian sales and a strong U.S. dollar have helped return Pernod Ricard to growth, after a slack period the French spirits maker says it expects will come to a gradual end. The maker of Absolut vodka and Jameson Irish whiskey posted sales of 1.9 billion euros for the January through March period, with a total so far for the year of 6.5 billion euros , up 2 percent from the same nine-month period last year.
Tags: growth
asian
maker
spirits
Volvo truck maker picks rival Scania boss as new CEO, posts big first-quarter profit increase
2015-04-22 11:17:03| Automakers - Topix.net
Swedish truck maker AB Volvo has tapped Martin Lundstedt, the top boss at rival Scania AB, to become the new chief executive and group president later this year. Group chairman Carl-Henric Svanberg says the Goteborg-based company "is gradually" entering a new phase with "an intensified focus on growth and increased profitability."
Tags: big
posts
increase
profit
Baring Private Equity Asia nears 40 percent buy of cereal maker Weetabix - Bloomberg
2015-04-20 19:22:39| Agriculture - Topix.net
Baring Private Equity Asia is nearing deal to buy 40 percent of Weetabix Ltd, the UK's second-largest branded manufacturer of cereals and cereal bars, Bloomberg reported on Monday, citing people with knowledge of the matter. The deal is expected to value Weetabix, whose brands include Alpen, Ready brek, Weetos, Oatibix and Alpen cereal bars, at about 1.28 billion pounds , the news service said.
Tags: buy
private
asia
percent
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