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Sappi Profit Jumps As Pulp Maker Sees Higher 2016 Earnings

2016-02-23 06:56:09| pulpandpaperonline News Articles

Sappi Ltd., the world’s biggest producer of dissolving wood pulp, said first-quarter profit more than tripled after higher prices for the cotton substitute helped offset the effects of a drought in South Africa on volumes

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Hormel Foods Reports Higher Profit, Lifts Guidance

2016-02-17 06:14:49| Food - Topix.net

Hormel Foods Corp. boosted its guidance for the year as profit in the most recent quarter shot up 37% on strength from its refrigerated foods, grocery products and specialty foods segments, as well as "positive momentum" at Jennie-O Turkey Store. Shares of Hormel, which have added 22% over the past three months, jumped 5.4% to $43.73 in premarket trading.

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Volvo posts higher 4th quarter profit on brisk Europe sales

2016-02-05 17:56:31| Automakers - Topix.net

Swedish truck maker AB Volvo has posted a fourth quarter net profit of 2.59 billion kronor , compared with a 2.98 billion kronor loss last year, on the back of cost cuts and brisk sales in Europe. The previous year's earnings were hurt by big provisions relating to an EU antitrust case and credit losses in China.

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Higher sales boost Geox 9-month profit

2015-11-19 13:24:00| Daily apparel & textile news and comment - from just-style.com

Italian apparel and footwear business Geox saw its earnings increase more than threefold during the first nine months of the year, helped by higher sales of its core footwear products. 

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UPDATE 1-Tate & Lyle posts higher profit on speciality ingredients boost

2015-11-05 11:42:47| Food - Topix.net

British food ingredients maker Tate & Lyle Plc reported a 28 percent surge in first-half profit, in a sign that performance may be stabilizing following troubles last year. The company, which sells sweeteners and other ingredients to packaged food and drink makers, said on Thursday adjusted profit before tax rose to 103 million pounds in the six months ended Sept.

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