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New brand costs dent H&M's Q4 profits

2013-01-30 13:34:38| Appliances - Topix.net

Fashion retailer Hennes & Mauritz AB is to press ahead with its global expansion plans with the opening of over 300 stores this year, even though it saw a modest decline in fourth-quarter earnings that the Swedish company blamed in part on higher investments in online shopping and the launch of a new brand.

Tags: costs brand profits dent

 

Rolls Royce installs first MT30 gas turbine on HMS Queen Elizabeth

2013-01-29 10:15:00| Naval Technology

The UK Royal Navy's new Queen Elizabeth-class (QE) aircraft carrier HMS Queen Elizabeth has been fitted with the first Rolls-Royce marine gas turbine, MT30, at Babcock's Rosyth shipyard in Scotland.

Tags: gas queen elizabeth rolls

 
 

Babcock to install new electrical power conversion system on HMS Vengeance

2013-01-29 10:10:00| Naval Technology

Babcock has started installation of a new alternative electrical power conversion system, the main static converters (MSC), onboard the UK Royal Navy's fourth and final Vanguard-class submarine, HMS Vengeance.

Tags: system power install conversion

 

CORRECTION: HMS Networks AB: Cautious attitude by customers resulted in a weak ending of the year

2013-01-17 12:09:50| Appliances - Topix.net

This is a correction of the announcement from 08:00 17.01.2013 CET. Reason for the correction: EBIT margins stated for the fourth quarter and full year relates to 2012.

Tags: the of year customers

 

HMS Somerset completes refit and readies for sea trials

2013-01-17 01:00:00| Naval Technology

The UK Royal Navy's Type 23 Duke-class guided-missile frigate, HMS Somerset (F82), has completed a nine-month 20m refit programme with Babcock Marine, as part of the Surface Ship Support Phase 2 programme at Devonport Naval base.

Tags: sea trials somerset completes

 

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