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Ahold facing €1bn loss

Ahold facing €1bn loss

Embattled Dutch retailer Ahold has finally published its
long-awaited audited results for 2002, revealing the full effect of
the widespread accounting fraud unearthed earlier this year - a
loss of over €1bn.

Bunge poised for record 2002

Bunge poised for record 2002

Bunge, the world's largest oilseed processor, which recently
acquired a 55 per cent stake in rival French-based Cereol, said
yesterday that quarterly earnings rose sharply as a slump in the
Brazilian currency helped boost the...

Profit leap for Burns Philp

Profit leap for Burns Philp

Australian yeast and natural ingredients company Burns Philp this
week reported a healthy 65 per cent jump in net profit to A$146.2
million (€80m) for the fiscal year ended 30 June 2002, despite a
drop of 2.1 per cent in sales to...

Profit hike for Ajinomoto

Profit hike for Ajinomoto

Japanese food company, Ajinomoto Co. said this week that it will
boost its production capacity of amino acid lysine in a move to
focus on its core businesses to strengthen its bottom line over the
mid-term.

DSM net profit fall

DSM net profit fall

In Q2 2001, DSM reported a profit on ordinary activities after
taxation of Euro 106m, same as Q1 2001. Net earnings per share
amounted to Euro 1.05.

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