Food Retail & Distribution

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OM2 Network Co Ltd raises consolidated mid-year outlook for FY 2015

Monday, 1 Sep 2014 02:30am EDT

OM2 Network Co Ltd:Says the company increased the consolidated mid-year outlook for revenue to 17,370 million yen from 16,600 million yen for FY ending March 2015.Operating profit forecast increased to 660 million yen from 480 million yen.Ordinary profit forecast increased to 730 million yen from 550 million yen.Net profit forecast increased to 410 million yen from 270 million yen.Earnings per share increased to 60.15 yen from 39.61 yen.Comments the sales increase and costs reduction are the main reasons for the forecast.

Dixy Group OAO raises FY 2014 revenue growth guidance-Interfax

Friday, 29 Aug 2014 03:19am EDT

Dixy Group OAO:Dixy Group has raised its 2014 revenue growth forecast, Dixy President Ilya Yakubson said in a conference call-Interfax.The company is planning to increase sales by 20-25 percent this year, he said.The previous forecast included 15-20 percent growth for revenue this year.The company boosted revenue 22.4 percent in the first half of 2014 to 106.9 billion Russian rubles and 26.7 percent in the second quarter to 57.113 billion rubles.Retail revenue was up 26.8 percent for the quarter and 22.5 percent for H1.Reported FY 2013 revenue of 180,504 million rubles.FY 2014 revenue of 220,939 million rubles - Thomson Reuters I/B/E/S.

Tesco PLC announces Chief Executive Officer change

Friday, 29 Aug 2014 02:02am EDT

Tesco PLC:Says David Lewis will join the Board as Chief Executive Officer with effect from Sept. 1, when Philip Clarke will step down.

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