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Mobile sales lift profit at Littlewoods owner

2016-09-06 09:09:39| BBC News | Business | UK Edition

Online retailer Shop Direct - owner of Very.co.uk and Littlewoods.com - sees profits rise, driven by mobile sales.

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Fibre firm Teijin eyes M&A on return to profit

2016-09-05 15:51:00| Daily apparel & textile news and comment - from just-style.com

Textile and fibre company Teijin is to pursue new merger and acquisition opportunities in a bid to optimise local production for local consumption and reinforce its production capabilities around the world. 

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Bebe Stores moves to Q4 profit but sales slide

2016-09-02 14:06:00| Daily apparel & textile news and comment - from just-style.com

US women's wear retailer Bebe Stores has booked a mixed fourth-quarter as it moved to an operating profit but saw sales and margins slide. 

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Carrots cut into Campbell's Soup profit

2016-09-01 19:37:08| BBC News | Business | UK Edition

Campbell's reported a drop in profit and called the performance of its Campbell Fresh unit 'disappointing'.

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French pay-TV losses hurt Vivendi's Q2 operating profit

2016-08-26 09:13:00| Telecompaper Headlines

(Telecompaper) Vivendi reported results for the second quarter below analysts' expectations, posting a year-on-year drop in EBITA of 41.5 percent to EUR 174 million. This negative performance was mainly driven by the ongoing losses of its pay-TV unit Canal Plus in France, which the company intends to redress with a EUR 300 million cost reduction plan, aimed to reach breakeven in France in 2018. Vivendi's Q2 adjusted net income dropped 3.1 percent to EUR 187 million on a comparable basis, while revenue declined to EUR 2.55 billion. Universal Music, Vivendi's second largest business unit, saw its profitability measures improve in the second quarter, with EBITA up 10.8 percent year-on-year. Conversely, performance at Canal Plus Group deteriorated significantly, suffering a 46.8 percent drop in EBITA to EUR 119 million, as the positive trend in its international operations only partly offset increased losses in France.

Tags: french operating profit hurt

 

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