The plummeting value of the British pound on international markets was a key driver in Faerch Plast A/S shifting a part of its packaging operations to the UK.
Nestle expects to carry on seeing growth in earnings over 2009 despite the global recession, using its strong 2008 results as a springboard for growth.
German retail group Metro has posted full-year sales growth of 5.3
per cent for 2004, in line with analysts' expectations. But with
the figures boosted by positive exchange rates, the underlying
sales performance reflects ongoing...
Like its larger compatriot Carrefour, French supermarket group
Casino
ended 2003 with sales slightly ahead of the previous year but
continued to suffer at the hands of adverse currency exchange
rates.
Carrefour,
Europe's biggest food retailing group, has continued to prove that
growth can be achieved by companies with a major international
spread despite ongoing currency exchange rate concerns.
While currency translation continued to reduce sales growth at
Carrefour in the second quarter, the company posted its first
quarterly sales increase in six quarters last week. A sign that the
worst is now over for the group's...
The devaluation of the Brazilian and Argentine currencies has taken
its toll on full-year sales at French retailer Carrefour, but the
company has maintained its profit forecast as a result of steady
growth in sales at constant exchange...