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Appliances, Tools & Housewares

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Bialetti H1 net loss shrinks to EUR 0.7 mln, H1 revenue up 4 pct yoy

Friday, 9 Sep 2016 08:48am EDT

Bialetti Industrie SpA : H1 revenue 81.6 million euros ($91.76 million) versus 78.5 million euros a year ago .H1 net loss 0.7 million euros versus loss 0.9 million euros a year ago.

Shanghai Flyco Electrical Appliance to pay 2016 H1 div payment on Sept 14

Friday, 9 Sep 2016 03:11am EDT

Shanghai Flyco Electrical Appliance Co Ltd <603868.SS> : Says it will pay cash dividend of 1 yuan per 10 shares (before tax), to shareholders for 2016 H1 as a record of Sept. 14 .Says the company's shares will be traded ex-right and ex-dividend on Sept. 19 and the dividend will be paid on Sept. 19.

Husqvarna sets new financial targets

Thursday, 8 Sep 2016 02:30am EDT

Husqvarna Ab : New financial targets and sustainability ambition presented at capital markets day . Says targets between 3 and 5% annual net sales growth . Says group aims to grow 1-2 percentage points higher than the annual long term market growth rate of 2 - 3% . Says target excludes the Consumer Brands Division which will continue to have margin improvement as first priority . Says targets to reach an operating margin of at least 10% . Says targets an operating working capital in relation to net sales of a maximum 25% .Says for consumer brands division, focus to turn around financial development, primarily by cost and efficiency measures combined with improved sales mix to reach a 5% operating margin by 2018, remains.

Suzhou Hesheng Special Material names Fan Mingchun as chairman

Thursday, 8 Sep 2016 01:47am EDT

Suzhou Hesheng Special Material Co Ltd <002290.SZ> :Says it names Fan Mingchun as chairman of the board.

Somfy H1 current operating profit up at 114.4‍​ million euros

Wednesday, 7 Sep 2016 11:47am EDT

Somfy SA : H1 revenue 587.5‍​ million euros versus 547.8 million euros ($615.51 million) year ago . H1 restated net profit 92.7‍​ million euros versus 72.0 million euros year ago . H1 net profit 92.7‍​ million euros versus 104.6 million euros year ago . H1 current operating income 114.4‍​ million euros versus 96.8 million euros year ago .H2 will not benefit from the favourable comparison base of first two quarters and should continue to suffer from negative currency effect.

Hisense Kelon Electrical Holdings says Hisense refrigerator entered into agreement with Agricultural Bank Of China<000921.SZ>

Wednesday, 7 Sep 2016 04:39am EDT

Hisense Kelon Electrical Holdings Co Ltd <000921.SZ>: Discloseable transactions-subscription of wealth management products <0921.HK> . Hisense refrigerator entered into the second September wealth management agreement with the Agricultural Bank Of China . Deal to subscribe for 75-day wealth management product in the subscription amount of RMB200 million .

Midea's acquisition proposal gets Russia anti-monopoly authorities' approval

Wednesday, 7 Sep 2016 04:00am EDT

Midea Group Co Ltd <000333.SZ> :Says its acquisition proposal gets Russia anti-monopoly authorities approval, deal pending approvals from CFIUS, DDTC, EU, Brazil and Mexico.

Empire Q2 pre-tax result swings to profit SEK 0.3 million

Tuesday, 6 Sep 2016 09:00am EDT

Empire AB : Q2 sales 8.2 million Swedish crowns ($960,457) versus 9.3 million crowns year ago .Q2 pre-tax profit 0.3 million crowns versus loss 1.6 million crowns year ago.

ZAIGLE to list shares on KOSDAQ Market

Monday, 5 Sep 2016 05:43am EDT

ZAIGLE Co Ltd <234920.KQ> : Says it will issue 4.5 million shares through initial public offering with offering price of 11,000 won per share, for proceeds of 49.28 billion won .To list under symbol of "234920" on Korea Securities Dealers Automated Quotations Stock Market on Sept. 6.

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