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Studio Press Nigeria Sees Q4 Loss Before Tax 153.5 Mln Naira

Friday, 11 Sep 2020

Sept 11 (Reuters) - Studio Press Nigeria PLC ::STUDIO PRESS NIGERIA PLC SEES Q4 SALES 2.24 BILLION NAIRA.STUDIO PRESS NIGERIA PLC - SEES Q4 LOSS BEFORE TAX 153.5 MILLION NAIRA.

Mayr-Melnhof Karton Says Not Possible To Continue Production At Hirschwang Site

Monday, 7 Sep 2020

Sept 7 (Reuters) - Mayr Melnhof Karton AG ::REALIGNMENT OF CARTONBOARD AND FOLDING CARTON PRODUCTION AT THE HIRSCHWANG SITE.RESULT OF CARTONBOARD DIVISION IS EXPECTED TO BE IMPACTED BY A EUR 25 MILLION CHARGE OF WHICH MAJOR PART IS ATTRIBUTABLE TO WRITE-OFFS..THIS WILL AFFECT 150 EMPLOYEES, AND TALKS HAVE ALREADY STARTED ON A SOCIAL PLAN..HIRSCHWANG SITE SHALL IN FUTURE CONCENTRATE ON EXISTING FOLDING CARTON PRODUCTION (NEUPACK) WITH 215 EMPLOYEES.

Mayr Melnhof Karton H1 Operating Profit At EUR 57.9 Mln

Thursday, 20 Aug 2020

Aug 20 (Reuters) - MAYR MELNHOF KARTON AG ::H1 OPERATING PROFIT 57.9 MILLION EUR.H1 PROFIT BEFORE TAX OF EUR 117.7 MILLION WAS THUS 4.0 % BELOW PREVIOUS YEAR'S FIGURE (1^ST HALF OF 2019: EUR 122.6 MILLION).OUTLOOK 2020: EARNINGS IN 2^ND HALF-YEAR EXPECTED TO BE FURTHER BELOW PREVIOUS YEAR.H1 FINANCIAL INCOME OF EUR 0.9 MILLION (1^ST HALF OF 2019: EUR 0.7 MILLION).H1 PROFIT FOR PERIOD ACCORDINGLY WENT DOWN 8.0 % TO EUR 84.9 MILLION (1^ST HALF OF 2019: EUR 92.3 MILLION)..H1 OPERATING PROFIT OF EUR 122.5 MILLION WAS 1.2 % OR EUR 1.5 MILLION BELOW PREVIOUS YEAR'S FIGURE (1^ST HALF OF 2019: EUR 124.0 MILLION).ANNUAL RESULT IS EXPECTED TO BE FURTHER BELOW PREVIOUS YEAR'S LEVEL.

Hartmann Expands Capacity In The USA And Europe And Lifts Investment Outlook

Wednesday, 19 Aug 2020

Aug 19 (Reuters) - Broedrene Hartmann A/S ::HARTMANN EXPANDS CAPACITY IN THE USA AND EUROPE AND LIFTS INVESTMENT OUTLOOK.IN 2020-2021, HARTMANN WILL INVEST AROUND DKK 150 MILLION IN COMPLETING ANOTHER SIGNIFICANT EXPANSION OF PRODUCTION CAPACITY AT GROUP'S EXISTING FACTORY IN MISSOURI, USA.HARTMANN ADJUSTS INVESTMENT OUTLOOK FOR 2020 TO AROUND DKK 450 MILLION FROM AROUND DKK 400 MILLION..INVESTMENTS ARE EXPECTED TO CONTRIBUTE TO GROUP REVENUE AND OPERATING PROFIT IN 2021..HARTMANN MAINTAINS 2020 GUIDANCE OF REVENUE IN DKK 2.5-2.7 BILLION RANGE.HARTMANN MAINTAINS 2020 GUIDANCE PROFIT MARGIN OF 15-18% BEFORE SPECIAL ITEMS AND RESTATEMENT FOR HYPERINFLATION..

El Ahram Co For Printing And Packaging H1 Profit Falls

Wednesday, 19 Aug 2020

Aug 19 (Reuters) - EL AHRAM CO FOR PRINTING AND PACKAGING ::H1 NET PROFIT AFTER TAX EGP 595,266 VERSUS EGP 1 MILLION YEAR AGO.H1 NET SALES EGP 39.8 MILLION VERSUS EGP 48.4 MILLION YEAR AGO.

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