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MEXICO: Industrias Bachoco operating result up on margins

2014-02-10 21:33:55| Livestock - Topix.net

Industrias Bachoco saw full-year operating profit rise ahead of sales in 2013 as the Mexican poultry processor reported higher margins.

Tags: result mexico operating margins

 

Al Khaleej Sugar to defend position with lower margins

2014-02-10 07:48:31| Sugar Industry News

Dubai: Al Khaleej Sugar will look to maintain their dominant regional position with lower margins in 2014 as growing competition and a fourth year of global sugar surplus bites at their market share.

Tags: position lower sugar defend

 
 

Alcatel-Lucent improves margins, agrees Enterprise sale

2014-02-06 09:19:00| Telecompaper Headlines

(Telecompaper) Alcatel-Lucent reported stable revenues and improved operating profit in the fourth quarter, while also taking the next step in narrowing its focus with the agreed sale of its enterprise business. Revenues were down just 0.1 percent at constant exchange rates to EUR 3.930 billion, and adjusted operating profit improved to EUR 307 million from EUR 115 million a year ago. The company posted a net profit of EUR 138 million, versus a loss of EUR 1.56 billion a year ago when it took a number of asset writedowns. Alcatel said it achieved EUR 363 million in cost savings last year, beating its target of EUR 250-300 million. The group also posted free cash flow of EUR 363 million in Q4, up slightly from a year ago and leaving it with net cash of EUR 149 million at year-end. In addition, the company reached an agreement to sell its Enterprise business to China Huaxin, a technology investment company. The deal values the activities at EUR 268 million, and Alcatel will retain a 15 percent stake in the operations. Alcatel-Lucent reiterated its targets for 2015, including revenues for the Core Networking segment of more than EUR 7 billion (versus EUR 6.1 billion in 2013) with an operating margin over 12.5 percent (7.7 percent in 2013), EUR 1 billion in cost reductions by the end of 2015 and at least EUR 1 billion in asset disposals.

Tags: sale enterprise agrees improves

 

International Paper 4th Quarter Earnings Up Sharply on Strong Sales, Improved Margins

2014-02-04 18:55:51| Paper - Topix.net

Feb. 4, 2014 - International Paper reported full-year 2013 net earnings attributable to common shareholders totaling $1.4 billion compared with $794 million in full-year 2012.

Tags: international sales paper strong

 

SWEDEN: H&M Q4 earnings up but margins disappoint

2014-01-30 10:10:00| Daily apparel & textile news and comment - from just-style.com

Swedish fashion retailer Hennes & Mauritz (H&M) has booked fourth-quarter profit that missed analyst expectations and "disappointing" margins but said it remains optimistic for 2014.

Tags: sweden earnings margins disappoint

 

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