Sales
Top-tier maritime players to boost sales, margins on oil rebound and tight vessel supply
THE rising tide of strong demand for vessels in the oil and gas sector, amid tepid supply, has lifted Singapore-listed maritime players.According to Maybank analyst Jarick Seet, the tight...
Prada’s sales up 16% in first quarter as Miu Miu shines
REVENUES at Italian luxury group Prada rose 16 per cent at constant exchange rates in the first quarter, driven by a jump in Miu Miu sales and continued growth...
Toymaker Hasbro posts quarterly profit beat, slower sales decline
HASBRO reported a smaller-than-expected drop in first-quarter sales and handily beat profit estimates on Wednesday (Apr 24), as leaner inventories and steady digital gaming revenue helped cushion a drag...
Volvo Cars see good demand this year after higher Q1 unit sales
SWEDISH carmaker Volvo Cars said on Wednesday (Apr 24) it expects good demand for its vehicles this year after a rise in first-quarter unit sales, though operating earnings missed...
Roche cuts pipeline after research setbacks and sales drop
ROCHE Holding cut a fifth of its pipeline of experimental drugs in recent quarters as its new chief executive tries to revive growth after a series of research setbacks....
Tesla to accelerate launch of cheaper cars after sales miss
TESLA is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.The electric vehicle (EV) maker plans to start...
Gucci-owner Kering posts 10% drop in Q1 sales on sluggish Chinese demand
FRENCH luxury group Kering reported a 10 per cent drop in first-quarter sales on Tuesday (Apr 23), dragged down by a slowdown at its star label Gucci, which suffered...
GE Aerospace raises earnings goal on strong engine sales
GENERAL Electric raised the full-year profit guidance for its aerospace business, driven by an increase in revenue from commercial aircraft engines and services. Operating profit this year will reach US$6.2...
