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CGI Group posts higher profits, sales, stock hits new 52-week high

2013-07-31 17:57:09| IT Services - Topix.net

Shares of CGI Group Inc. hit their highest price in more than a year Wednesday after the Montreal-based information technology company posted a $178.2 million profit and higher sales due to internal growth and an acquisition.

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Sports Direct profits and sales jump

2013-07-18 08:43:18| BBC News | Business | UK Edition

Sports Direct profits rise 40% after what the retailer's chief executive Dave Forsey said was a "record-breaking year".

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Ericsson Q2 sales flat, profits improve

2013-07-18 08:43:00| Telecompaper Headlines

(Telecompaper) Ericsson reported second-quarter sales flat due to negative currency effects, while profits improved thanks to cost reductions. Revenues were unchanged year-on-year at SEK 55.3 billion, but grew 7 percent if forex effects are excluded. Operating profit rose to SEK 2.5 billion from SEK 2.1 billion a year ago, helping the margin improve to 4.5 percent from 2.8. Ericsson said it was starting to see a small shift in the market away from the lower-margin coverage projects towards capacity orders. Its strategy to gain market share in Europe through network upgrade projects was also starting to pay off in new business, in capacity and LTE projects. Elsewhere the market was weaker in East Asia in the quarter, while LTE orders in Russia and China were starting to come in and mobile broadband demand remained strong in the Americas. Net profit finished up at SEK 1.5 billion versus SEK 1.2 billion a year earlier. The result included SEK 0.9 billion in losses from divestments such as Applied Communication Sciences and exiting the telecom and power cable operations. Operating cash flow improved to SEK 4.3 billion from a negative SEK 1.4 billion a year ago.

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SPAIN: Grupo Mahou-San Miguel sees FY profits, sales drop

2013-07-10 13:23:00| Daily beverage news and comment - from just-drinks.com

Grupo Mahou-San Miguel has reported a drop in full-year profits and sales in 2012, pointing to falling consumption levels in Spain and rising raw material costs.

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US: Profits slip in Q1 as sales stay strong for Constellation Brands

2013-07-02 15:00:00| Daily beverage news and comment - from just-drinks.com

Constellation Brands has seen its first-quarter profits hit by rising costs, despite a slight lift in sales for the period.

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