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CN's net profit rises 13 per cent to $704 million in first quarter

2015-04-21 00:29:01| Railroads - Topix.net

Canadian National Railway says milder weather and strong freight demand contributed to a 13 per cent increase in net profit to $704 million in the first quarter on $3.1 billion of revenue. The country's largest railway said it earned 86 cents per diluted share in the three months ended March 31, compared with 75 cents per share or $623 million a year ago.

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OrotonGroup slashes interim dividend after net profit falls 57pc

2015-03-19 05:21:41| Apparel - Topix.net

Oroton chief executive Mark Newman is aiming for increased profit from building a network of Brooks Brothers shops after the luxury retailer lost the Polo Ralph Lauren licence agreement 18 months ago. Photo: Wayne Taylor Luxury clothing and accessories retailer OrotonGroup has slashed its interim dividend after reporting a 57 per cent drop in first-half net profit to $2.2 million.

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Samsonite's 2014 net profit rises 5.8%

2015-03-17 03:55:12| Furniture - Topix.net

Samsonite International S.A. , a global luggage manufacturer and retailer, Tuesday reported a 5.8% increase in its 2014 net profit, buoyed by stronger sales amid the global growth in travel and tourism.

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Sika full-year net profit rises 28%

2015-02-28 03:58:37| Chemicals - Topix.net

Sika AG Friday reported a 28% increase in annual profit as the Swiss construction and industrial chemical maker continues fending off a hostile takeover bid from France's Saint-Gobain SA. Baar-based Sika said net profit for the 12 months to Dec. 31 rose to 441.2 million Swiss francs , from 344.7 million francs in 2013.

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Agrium sees Q4 net profit fall 48% to US$51M; sales off 6% at US$2.7B

2015-02-24 03:31:10| Chemicals - Topix.net

Agrium Inc. has reported a 48 per cent year-over-year decline in fourth-quarter profits as overall sales fell six per cent, mainly as a result of downtime at its Vanscoy potash facility and Redwater nitrogen plant. The Calgary-based fertilizer producer and marketer says fourth-quarter net earnings were US$51 million or 33 cents per share, down from US$99 million or 66 cents in the same 2013 period.

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