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Nokia restores guidance as margins improve in Q2, sales down 11%

2020-07-31 08:47:00| Telecompaper Headlines

(Telecompaper) Nokia reported second-quarter sales down 11 percent year-on-year to EUR 5.09 billion, hurt by the effects of the Covid-19 pandemic and weakness in China. However, the company continued to improve profitability, thanks to its restructuring, and adjusted net earnings rose 20 percent to EUR 0.06 per share. With the impact of the pandemic less than expected in Q2, the group returned to its previous guidance for the full year. 

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L\'Oréal\'s Sales Tumble in First Half

2020-07-30 22:23:29| Happi Breaking News

But CEO commends the Group for its resilience during the pandemic.

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Gildan Activewear second-quarter sales slump 71%

2020-07-30 18:27:00| Daily apparel & textile news and comment - from just-style.com

Canadian apparel maker Gildan Activewear has moved to a loss in its second-quarter weighed down by lower sales volumes during the Covid-19 pandemic.

Tags: sales slump activewear gildan

 

Pilot Chemical Appoints Sales Manager

2020-07-30 17:12:22| Happi Breaking News

Nataro brings over 25 years of experience in the global specialty chemicals industry.

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P&G Posts Sales Growth

2020-07-30 16:23:24| Nonwovens Industry Breaking News

Baby, Feminine and Family Care segment organic sales up 5%

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