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De’Longhi reports consolidated results of the first six months of 2017
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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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