Currency

Profit plunge for Lonza

Profit plunge for Lonza

Higher raw material and energy costs, matched against a weak US
currency, sent sales for Swiss fine chemicals producer down 3.7 per
cent with operating profit plunging by 16.5 per cent.

Ahold encouraged by sales rise

Ahold encouraged by sales rise

Last year was a difficult one for Dutch retail group Ahold, at the
profit level at least, but the final sales figures for 2002 were
nonetheless encouraging. But with organic growth rates slowing
considerably compared to 2001, there...

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