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Net profits slide slows, sales lift in H1 as Pernod Ricard welcomes new CEO
2015-02-12 09:04:00| Daily beverage news and comment - from just-drinks.com
Pernod Ricard has reported a lift in half-year sales as Alexandre Ricard moves up to assume leadership.
Alcatel-Lucent net profit improves, sales down 6% in Q4
2015-02-06 08:46:00| Telecompaper Headlines
(Telecompaper) Alcatel-Lucent reported fourth-quarter revenues down 6 percent year-on-year to EUR 3.682 billion. Excluding currency effects and managed services, where the company has been exiting unprofitable contracts, revenues were up 2 percent. The company's gross margin expanded by 130 basis points to 34.7 percent in Q4, while the adjusted operating margin dipped to 7.7 percent from 7.8 a year ago. Net profit showed a strong improvement to EUR 271 million from EUR 134 million, helped by lower financing costs and higher tax benefits. Free cash flow, excluding restructuring costs, totaled EUR 420 million, down from EUR 550 million a year earlier. Alcatel-Lucent said it was making good progress on its Shift Plan with over 70 percent or EUR 675 million in cost reductions realised. The company reiterated its target to return to positive free cash flow in 2015, after a negative result of EUR 420 million last year. At year-end, it had a net cash position of EUR 326 million, versus a net debt position of EUR 132 million at 30 September.
Pfizer net down on lower sales, higher research, legal costs
2015-01-27 15:37:07| Biotech - Topix.net
Pfizer Inc.'s fourth-quarter profit fell by half as worsening generic competition and unfavorable currency rates reduced sales, and higher research spending and legal costs also hurt the bottom line. The world's second-biggest drugmaker by revenue reported lower sales for most of its huge portfolio of prescription medicines, with the biggest hit coming from new generic competition to popular painkiller Celebrex.
Tags: net
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PPG Reports Record Fourth Quarter and Full-Year Net Sales and Adjusted Earnings
2015-01-15 06:00:00| Coatings World Breaking News
Tags: net
sales
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record
Thor Announces Improved Sales And Net Income From Continuing Operations For First Quarter
2014-12-02 03:18:01| Mobile Homes - Topix.net
Including the discontinued operations of Thor's Bus business, net income for the first quarter was in the first quarter last year. Including the discontinued operations of Thor's Bus business, diluted EPS for the first quarter was Gross profit margins decreased to 12.8% in the first quarter compared to 13.1% in the prior-year period, due in part to the effects of the ongoing tight labor market in northern "Thor posted solid improvements in net sales and income from continuing operations in the first quarter of fiscal year 2015 driven by continuing growth in both our motorized and towable operations," said , Thor President and CEO.
Tags: net
sales
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