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Fast Retailing FY earnings halve on forex and charges

2016-10-13 13:44:00| Daily apparel & textile news and comment - from just-style.com

Fast Retailing, owner of the Uniqlo casual clothing chain and Asia's biggest global fashion brand, saw earnings slump in its last fiscal on foreign exchange losses and impairment costs related to its Uniqlo Japan and US stores. 

Tags: fast charges earnings forex

 

ForEx hits Gruppo Campari H1 as sales, profits fall - results

2016-08-02 14:05:06| Daily beverage news and comment - from just-drinks.com

Currency headwinds in Latin America have sunk Gruppo Campari's first-half sales, outpacing encouraging gains in Europe.

Tags: results sales fall hits

 
 

Top HSBC manager charged in forex probe

2016-07-20 17:47:31| BBC News | Business | UK Edition

A senior HSBC executive has been charged in the US for his alleged role in a conspiracy to rig international currency markets.

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ForEx wobbles add caution to solid Brown-Forman FY

2016-06-08 15:06:52| Daily beverage news and comment - from just-drinks.com

Brown Forman has posted a solid full-year underlying performance but currency weakness hit sales in core developed markets including Australia and Travel Retail.

Tags: add solid caution forex

 

Telefonica Q1 results fall on negative forex impact

2016-04-29 08:42:00| Telecompaper Headlines

(Telecompaper) Telefonica reported a drop in first-quarter results due to negative currency effects, but said its underlying growth rates were improving. Revenues fell 6.6 percent to EUR 10.784 billion, as growth in Spain was offset by lower results in Germany and Latin America. OIBDA declined 6.7 percent to EUR 3.376 billion, giving a dtable margin of 31.3 percent. Net profit fell 56.9 percent to EUR 776 million. Capital expenditure fell 10.6 percent to EUR 1.503 billion, and operating cash flow was down 3.3 percent to 1.873 billion. 

Tags: results fall impact negative

 

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