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Moet Hennessy posts H1 bounce as Cognac volumes soar - results
2016-07-27 12:57:00| Daily beverage news and comment - from just-drinks.com
Cognac in the US helped drive strong sales and profits growth for LVMH's wines & spirits unit, Moet Hennessy, in the first half of the year.
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Vinda Announces Financial Results
2016-07-27 09:00:00| Nonwovens Industry Breaking News
Total revenue up 19.5%.
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Telecom Italia raises FY guidance after improved Q2 results
2016-07-27 08:51:00| Telecompaper Headlines
(Telecompaper) Telecom Italia raised its domestic earnings guidance for 2016 after reporting better-than-expected second quarter results, driven by the continued recovery of its mobile segment. The company said it now forecasts "low single digit organic growth" in domestic EBITDA compared to the previous prediction of "at least stable" earnings. The group's second quarter EBITDA came to EUR 2.01 billion, a 25.4 percent rise compared to the year-earlier result of EUR 1.61 billion. Group revenues came in at EUR 4.66 billion, down 9.9 percent from EUR 5.05 billion a year ago, hurt above all by the continuing effects of the economic downturn in Brazil. Sales at the group's TIM Brasil unit plunged 31 percent to EUR 961 million in the three months to 30 June, compared to EUR 1.41 billion a year earlier. Domestic revenues came in at EUR 3.70 billion, up from EUR 3.63 billion a year ago and the company's best quarterly performance since 2009.
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Nexans Publishes 2016 First-Half Results
2016-07-27 01:00:00| Offshore Technology
Today, Nexans published its financial statements for the six months ended 30 June 2016, as approved by the Board of Directors at its meeting chaired by Georges Chodron de Courcel on 27 July 2016.
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Anheuser-Busch InBev Q2/H1 2016 results - Preview
2016-07-26 21:28:00| Daily beverage news and comment - from just-drinks.com
On Friday, Anheuser-Busch InBev will announce its second-quarter and half-year results. Here, just-drinks looks at the global beer company's activities in the three months to the end of June.
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