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Coca-Cola Enterprises sees FY sales, profits fall amid consumer weakness

2016-02-11 14:23:00| Daily beverage news and comment - from just-drinks.com

Coca-Cola Enterprises has posted a drop in full-year sales and profits as it continues to be impacted by a weaker consumer sector.

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Edinburgh profits fall for Sumitomo

2016-01-12 03:38:36| Grocery - Topix.net

Edgen Murray Europe, the Edinburgh-based steel trading company once owned by Sir David Murray, saw profits fall in its second year under Japanese parent Sumitomo Corporation.. The A 4.4m dividend paid to Japan in the previous 15-month period fell to A 2.3m, as pre-tax profit dropped from A 8.8m to A 4.9m.

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Sainsbury's first-half profits fall

2015-11-11 08:41:12| BBC News | Business | UK Edition

Supermarket chain Sainsbury's reports a 17.9% fall in half-year profits to 308m, saying the grocery market remains "challenging".

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Woolworths profits to fall by a third

2015-10-29 06:59:40| BBC News | Business | UK Edition

Australia's biggest supermarket chain, Woolworths, said that profits would fall by up to 35% for the six months to December.

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KPN Q3 revenues fall 2.6%, profits still higher

2015-10-27 08:26:00| Telecompaper Headlines

(Telecompaper) KPN announced customer gains in the consumer market in the third quarter, but weakness in the business market pushed group revenues 2.6 percent lower to EUR 1.76 billion. The ongoing cost reductions at the Dutch operator led to a 4.6 percent rise in adjusted EBITDA to EUR 640 million. Operating profit was up 5.7 percent to EUR 204 million, and the net result moved to a profit of EUR 87 million versus a loss of EUR 75 million a year ago. Capital expenditure increased 22 percent to EUR 305 million, while free cash flow was down 9.0 percent to EUR 213 million. KPN maintained its outlook for 2005, for EBITDA at a similar level to 2014, capex under EUR 1.3 billion and free cash flow over EUR 500 million, excluding the dividend from its stake in Telefonica Deutschland. KPN plans a dividend for this year of 8 cents a share and a higher amount in 2016. 

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