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Tag: profit
Kellogg Profit Beats as Latin America Sales Rise
2015-05-05 23:07:19| Food - Topix.net
Kellogg Co, the world's largest maker of breakfast cereals, reported better-than-expected quarterly profit and sales as demand rose in Latin America. The maker of Corn Flakes and Rice Krispies said on Tuesday that sales in Latin America rose 6 percent to $295 million in the first quarter ended April 4. The company's sales rose across product lines in Asia Pacific and in its Pringles business in Europe, but a strong dollar more than offset the benefit of this rise.
Tags: sales
america
rise
profit
ADM 1Q profit rises on agriculture, oilseeds gains
2015-05-05 22:21:03| Agriculture - Topix.net
Archer Daniels Midland Co. said Tuesday its net income climbed in the first quarter on better results from its agricultural services and oilseeds businesses and the flavors business it bought in 2014.
Tags: profit
agriculture
gains
rises
Sprint net adds reach 1.2 mln as revenues, profit fall in Q4
2015-05-05 13:51:00| Telecompaper Headlines
(Telecompaper) Sprint announced results for its fiscal fourth quarter, saying net additions lifted to 1.2 million, the highest number in nearly three years, compared to net losses of 383,000 during its fiscal third quarter. Still, total revenues fell 7 percent year-on-year to USD 8.3 billion on the back of lower wireless service revenues. The adjusted EBITDA declined 5 percent to USD 1.7 billion while the operating profit slid to USD 318 million from 420, mainly due to higher depreciation expense. The net loss widened to USD 224 million or USD 0.06 per share, from a loss the year earlier of 151 million or 0.04 per share. Postpaid net additions improved to 211,000 from 30,000 in Q3. The company was net port positive for the first in nearly three years. Postpaid phone losses of 201,000 improved from 205,000 losses in Q3. Postpaid tablet net additions amounted to 349,000 from 189,000. Prepaid net additions amounted to 546,000 compared to 410,000 in Q3. Wholesale net additions went to 492,000 from 527,000. Postpaid ARPU fell to USD 56.94 from 58.90 in Q3. Postpaid churn lifted by 46 basis points sequentially to 1.84 percent, on the back of increasing credit standards, and a better network experience.
HSBC first quarter profit up 4%
2015-05-05 10:38:57| BBC News | Business | UK Edition
HSBC reports a pre-tax profit of $7.06bn in the first three months of the year, up 4% on last year.
Maple Leaf Turns from Quarterly Loss to Profit
2015-05-05 02:00:00| ThePigSite - Industry News
CANADA - Meat and agribusiness firm, Maple Leaf Foods, reports a positive results for its operating earning in the first quarter of 2015.
Tags: loss
profit
turns
quarterly
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