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Financial News - World

JCB Finance Ltd- 40th Anniversary

JCB Finance Ltd is celebrating its 40th Anniversary, tracing its origins back to the formation of JCB Credit Ltd in February 1970.  In the first year of operation they achieved a turnover of £900,000 - reaching the milestone of over £500,000,000...

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Further evidence of construction recession depth

Third quarter sales volume of aggregates, cement, ready mixed concrete and asphalt again fell significantly in the third quarter compared with the same period of 2008.  Aggregate and cement were around 20% down in the quarter, with ready mixed concrete...

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Atlas Copco utilizes mandates for repurchase and sale of own shares

Stockholm, Sweden, February 2, 2010: The Board of Atlas Copco AB today reconfirmed its decision to use the mandates granted by the Annual General Meeting for the repurchase and sale of shares at one or more occasions until the next AGM. The mandates...

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New board member proposed for Atlas Copco AB

Stockholm, Sweden, February 2, 2010: Atlas Copco's Nomination Committee proposes Gunilla Nordström as a new member of the Board of Directors of Atlas Copco AB, for election at the Annual General Meeting 2010. The proposal includes re-election of board...

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Sandvik AB Interim report fourth quarter 2009.

WEAK DEMAND BUT STRONG CASH FLOW Order intake SEK 19,787 M Invoiced sales SEK 18,211 M Operating profit SEK +408 M Operating profit ex one-offs SEK +1,008 M Profit after financial items SEK -77 M Cash flow SEK +4,008 M Accounting policies...

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Ronnie Leten comments on Atlas Copco’s Q4 results

Stockholm, Sweden, February 2, 2010: Atlas Copco today announced fourth quarter results with healthy profitability and a slight improvement in demand compared to the previous quarters. "We achieved a good result in the fourth quarter and are prepared...

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Atlas Copco interim report on Q4 and full-year 2009 summary

(unaudited)Healthy profit, strong cash flow and slight improvement in demand in Q4 Organic order intake declined 9% and amounted to MSEK 15 276. Revenues declined 19% to MSEK 15 942. Resumed growth in aftermarket. Operating profit reached MSEK 2...

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Atlas Copco’s Capital Markets Day

Stockholm, Sweden, November 19, 2009: Atlas Copco today held its annual capital markets day, with presentations to the financial community and media about the Group's strategy and ongoing activities. This year's event had a special focus on product development...

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Lafarge achieves record operating results in 2008

Lafarge announces a dynamic €4.5 bn action plan to strengthen financial structure including a €1.5 bn rights issue The Board of Directors of Lafarge, chaired by Bruno Lafont, met on February 19, 2009 to approve the accounts for the financial year ended...

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Interim report on Q4 and full-year 2008 summary

(unaudited)Tough end to a record year Organic order intake declined 19% following significant drop in world-wide demand.- 27% decline including cancellations, mainly in mining.- Continued aftermarket growth in all business areas. Revenues up 12%...

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