Saturday 22 June 2024
  • La Cimbali
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De’Longhi reports consolidated results of the first six months of 2017

TREVISO – The Board of Directors has approved on July 28, 2017, the consolidated results of the first six months of 2017. Revenues were up to € 827.6 million, growing by 7.2% vs. the first half of 2016 or by +5.4% organic. Net Industrial Margin was growing by +3.8% to € 396.3 million.

Italian coffee roaster Kimbo ends 2016 with all-time revenue records

NAPLES, Italy – Italian coffee brand Kimbo has closed 2016 with a record turnover of €175 million, up 3.3% year-on-year. Of the company's sales total, 81% was achieved in Italy and 19% on foreign markets. Kimbo is present in some 80 countries and last year’s exports amounted to €32 million (+14.5%).

Tim Hortons parent reports increase in revenue, flat same-store sales

OAKVILLE, Ont., Canada – The owner of Tim Hortons and Burger King is reporting flat sales at its established locations in the first quarter but a nine per cent increase in revenue, which was above analyst estimates. Restaurant Brands International Inc. says comparable sales at locations open at least a year were down one-tenth ...

Starbucks hits Wall Street’s target, but misses revenue expectations in first-quarter

SEATTLE, U.S. – Starbucks earnings hit Wall Street's target in the latest quarter, but shares fell 3.5 percent in aftermarket trading on Thursday. The coffee...

KonaRed announces 98% revenue increase in 2016 and provides 2017 outlook

KOLOA, Hawaii, U.S. – KonaRed Corporation, manufacturers of premium Hawaiian Cold Brew Coffee and Whole Bean Coffee products and the pioneer of the USA...

Starbucks posts better-than expected earnings for fiscal 4Q

MILAN - Shares of Starbucks Corp. rose 1.6 percent in Thursday's extended session after the world’s biggest coffee chain posted better-than-expected earnings for the fiscal fourth quarter and announced a dividend hike.

Mondelez declining for 11th straight quarter

MILAN - Mondelez International’s quarterly net revenue fell nearly 18 percent, declining for the 11th straight quarter. The 17.7% slump was driven by Mondelez's...

Mondelez International reports better-than-expected profits

Mondelez International's reported better-than-expected revenue and profit. The company said that a mix of higher volumes and prices in certain markets helped to offset the impact of ...

Costa boosts Whitbread profits and revenue

Whitbread, the owner of Costa Coffee and Premier Inn, reported a strong increase in revenue and profits in full year results. In the 53 weeks leading to 3 March, the company saw ...

Retail Food Group’s global platform drives record performance

GOLD COAST, Australia - Strong organic growth, acquisition synergies and revenue driving initiatives have delivered Retail Food Group Limited record 1H16 underlying Net Profit...

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