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Global Cosmed To Vote On Retaining 2019 Net Profit

Monday, 3 Aug 2020

Aug 3 (Reuters) - Global Cosmed SA ::AGM TO VOTE ON AUG 31 ON ALLOCATION OF 2019 NET PROFIT TO SUPPLEMETARY CAPITAL.

Marico June-Quarter Consol Profit Rises

Monday, 27 Jul 2020

July 27 (Reuters) - Marico Ltd ::JUNE-QUARTER CONSOL NET PROFIT ATTRIBUTABLE 3.81 BILLION RUPEES VERSUS PROFIT OF 3.08 BILLION RUPEES YEAR AGO.CONSENSUS FORECAST FOR JUNE-QUARTER CONSOL NET PROFIT WAS 2.99 BILLION RUPEES -- REFINITIV DATA.JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 19.25 BILLION RUPEES VERSUS 21.66 BILLION RUPEES YEAR AGO.

Essity Q2 Adj.EBITA Up At SEK 3.78 Bln

Monday, 13 Jul 2020

July 13 (Reuters) - Essity AB (publ) ::HALF-YEAR REPORT 2020.GROUP'S NET SALES DECLINED 11.4% IN Q2 OF 2020 COMPARED WITH CORRESPONDING PERIOD A YEAR AGO.ADJUSTED EBITA FOR Q2 OF 2020 INCREASED 1% COMPARED WITH SAME PERIOD A YEAR AGO.ESSITY AB (PUBL) Q2 NET SALES SEK 28.41 BILLION VERSUS SEK 32.07 BILLION YEAR AGO.SALES WERE NEGATIVELY IMPACTED BY COVID-19 PANDEMIC AND RELATED LOCKDOWNS.LOCKDOWNS MAINLY RESULTED IN A TEMPORARY REDUCTION IN DEMAND IN PROFESSIONAL HYGIENE AND MEDICAL SOLUTIONS.COVID-19 PANDEMIC MAY LEAD TO INCREASED DEMAND FOR COMPANY'S LEADING HYGIENE AND HEALTH PRODUCTS.Q2 ADJUSTED EBITA SEK 3.78 BILLION VERSUS SEK 3.73 BILLION YEAR AGO.GROSS MARGIN WAS POSITIVELY IMPACTED BY A BETTER MIX, LOWER RAW MATERIAL AND ENERGY COSTS AND COSTS SAVINGS.LOWER RAW MATERIALS AND ENERGY COSTS INCREASED GROSS MARGIN BY 5.1 PERCENTAGE POINTS.LOWER RAW MATERIAL COSTS WERE PRIMARILY RESULT OF LOWER PULP PRICES.CONTINUOUS COST SAVINGS AMOUNTED TO SEK 127M.LOWER PRICES FOR BUSINESS AREA CONSUMER TISSUE HAD A NEGATIVE IMPACT ON GROSS MARGIN.

Vinda International Sees Qtrly Operating Profit Up By Around 152%

Monday, 13 Jul 2020

July 13 (Reuters) - Vinda International Holdings Ltd <3331.HK>::OPERATING PROFIT FOR THREE MONTHS ENDED 30 JUNE EXPECTED TO INCREASE BY AROUND 152%.PROFIT ATTRIBUTABLE FOR Q2 EXPECTED TO INCREASE BY AROUND 154%.REVENUE FOR Q2 EXPECTED TO BE AROUND HK$4,215 MILLION.

Essity Says 2020 Half-Year Report To Be Published On July 13 Instead Of July 17

Sunday, 12 Jul 2020

July 12 (Reuters) - Essity AB (publ) ::ESSITY'S 2020 HALF-YEAR REPORT WILL BE PUBLISHED ON JULY 13 INSTEAD OF JULY 17 AS PREVIOUSLY COMMUNICATED.REASON FOR EARLIER PUBLISHING DATE IS UNCERTAINTY ENTAILED BY ONGOING COVID-19 PANDEMIC..

Beiersdorf H1 Sales Down 10.7% YOY

Monday, 6 Jul 2020

July 6 (Reuters) - BEIERSDORF AG ::ACCORDING TO PRELIMINARY FIGURES BEIERSDORF POSTED A DECLINE IN GROUP SALES OF LIKE-FOR-LIKE -10.7% YEAR ON YEAR TO EUR 3,513 MILLION IN FIRST HALF OF FISCAL YEAR DUE TO GLOBAL CORONAVIRUS PANDEMIC.FOR ENTIRE 2020 FISCAL YEAR, BUSINESS IMPACT OF CORONAVIRUS PANDEMIC CAN STILL NOT BE PROJECTED WITH CERTAINTY..

Harper Hygienics Buys Technology Full-Servo Underpads Machine

Monday, 6 Jul 2020

July 6 (Reuters) - Harper Hygienics SA ::BUYS TECHNOLOGY FULL-SERVO UNDERPADS MACHINE, PRODUCTION LINE FOR DISPOSABLE HYGIENIC PADS.COST OF PURCHASE AT ABOUT EUR 700,000.AFTER PURCHASE COMPANY WILL BE ABLE TO PRODUCE UP TO 8 MILLION PADS PER MONTH.

Ales Groupe FY Net Loss Widens To 39.1 Million Euros

Wednesday, 1 Jul 2020

July 1(Reuters) - ALES GROUPE SA ::REPORTED ON TUESDAY FY REVENUE OF EUR 208.6 MLN VERSUS EUR 208.3 YEAR AGO (ON LIKE-FOR-LIKE BASIS) .FY CURRENT OPERATING LOSS EUR 14.7 MLN VS LOSS OF EUR 6.3 MLN YR AGO.FY NET LOSS EUR 39.1 MLN VS LOSS OF EUR 15.4 MLN IN 2018 (WHICH INCLUDED THE EUR 19.5 MLN CAPITAL GAIN ON SALE OF PARFUMS CARON).FY NET FINANCIAL INDEBTEDNESS EUR 84.7 MLN VERSUS EUR 60.9 MLN YEAR AGO.AT THE END OF MAY 2020 CASH POSITION OF APPROXIMATELY EUR 14.8 MLN .ANTICIPATES SIGNIFICANT IMPACT OF CORONAVIRUS ON GROUP'S SALES AND PROFITABILITY IN 2020.CONTINUATION OF STRATEGIC REVIEW OF GROUP'S ACTIVITIES AND SALE-LEASEBACK PROCESS FOR CERTAIN OF REAL ESTATE ASSETS .DISCUSSIONS WITH LENDERS AND THIRD PARTIES TO OBTAINING BRIDGING LOANS OF EUR 33 MLN, IN ORDER TO BE ABLE TO CONTINUE AS A GOING CONCERN FOR 12 MONTHS.IN VIEW OF THE MARKET SITUATION IN H2, CAPITAL INCREASE AUTHORIZED ON JUNE 2019 WAS POSTPONED INDEFINITELY.

Coty And Kim Kardashian West Announce Relationship To Expand Beauty Brands Globally

Monday, 29 Jun 2020

June 29 (Reuters) - Coty Inc ::COTY AND KIM KARDASHIAN WEST ANNOUNCE STRATEGIC RELATIONSHIP TO EXPAND BEAUTY BRANDS GLOBALLY.COTY INC - COTY WILL ACQUIRE A 20% OWNERSHIP INTEREST IN KARDASHIAN WEST'S BEAUTY BUSINESS FOR $200M..COTY INC - COTY WILL HAVE OVERALL RESPONSIBILITY FOR PORTFOLIO'S DEVELOPMENT IN SKINCARE, HAIRCARE.COTY INC - COTY AND KARDASHIAN WEST WILL FOCUS ON ENTERING NEW BEAUTY CATEGORIES.COTY INC - ALL BUSINESS'S PRODUCTS WILL BE SOLD THROUGH LEADING LUXURY BEAUTY RETAILERS AS WELL AS OWNED DIGITAL CHANNELS.

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