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Philips Delivers Q4 Sales of EUR 6 Billion, with 3% Comparable Sales Growth; Income from Continuing Operations Amounted to EUR 550 Million and Adjusted EBITA Margin Increased to 17.9%

Amsterdam, the Netherlands, Jan. 28 (Korea Bizwire) - Fourth-quarter highlights Sales amounted to EUR 6 billion, with 3% comparable sales growth Comparable order intake increased 3% Income from continuing operations was EUR 550 million, compared to EUR 723 million in Q4 2018 Adjusted EBITA margin improved by 50 basis points to 17.9% of sales, compared to [...]

CNH Industrial to Announce 2019 Fourth Quarter and Full Year Financial Results on February 7, 2020

London, Jan. 21 (Korea Bizwire) - CNH Industrial (NYSE: CNHI / MI: CNHI) announced today that its financial results for the Fourth Quarter and Full Year of 2019 will be released on Friday, February 7, 2020. A live audio webcast of the 2019 Fourth Quarter and Full Year results conference call will begin at 3:30 p.m. [...]

Bombardier Provides Preliminary Fourth Quarter and Full Year 2019 Financial Results and Updates on Accelerating Deleveraging Phase of Turnaround Plan

MONTREAL, Jan. 16 (Korea Bizwire) — Bombardier (TSX: BBD.B) today announced its preliminary results for the fourth quarter and full year 2019. The Company now expects lower than previously guided financial performance, mainly as a result of actions taken to resolve challenging rail projects, the timing of milestone payments and new orders at Transportation, and [...]

Constellation Brands Reports Third Quarter Fiscal 2020 Results

VICTOR, N.Y., Jan. 8 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, reported today its third quarter fiscal 2020 results. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer Bill Newlands and Chief Financial Officer David Klein on Wednesday, [...]

Korean Firms Expected to Register Better Earnings in 2020

SEOUL, Jan. 6 (Korea Bizwire) — Nine out of 10 major listed firms in South Korea expect to see their profitability turn for the better in 2020 on the back of a much-awaited recovery in the global chipmaking sector and lower base effect, a market tracker said Monday. According to FnGuide, 264 listed companies, or [...]

Samsung Tipped to Log Better Earnings in 2020 After Bottoming Out in Q4

SEOUL, Jan. 3 (Korea Bizwire) — Samsung Electronics Co., the world’s largest producer of memory chips and smartphones, is expected to see its earnings improve this year after bottoming out in the fourth quarter of last year, on the back of a recovery in the global chipmaking sector and a low base effect, analysts said [...]

Constellation Brands to Report Third Quarter Fiscal 2020 Financial Results; Host Conference Call January 8, 2020

VICTOR, N.Y., Dec. 4 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today it will report financial results for its fiscal third quarter ended November 30, 2019, on Wednesday, January 8, 2020, before the open of the U.S. markets. A conference call to discuss the financial results and outlook [...]

Radient Technologies Inc. Reports Second Quarter 2020 Financial Results and Provides Corporate Update and Guidance for the Remainder of Fiscal Year 2020

EDMONTON, Alberta, Nov. 29, 2019 (Korea Bizwire) – Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF), a global commercial manufacturer of high quality cannabinoid-based ingredients, formulations and products, has released its financial results for its second fiscal quarter ended September 30, 2019. The financial statements and Management’s Discussion & Analysis are available under [...]

Food Delivery Riders Pay 10 pct Commission to Agency

SEOUL, Nov. 27 (Korea Bizwire) — Food delivery people who rely on digital platforms such as apps have to pay about 10 percent of their earnings in commissions, according to a recent report. Jang Jin-hee, a researcher at the Federation of Korean Trade Unions, and Sohn Jung-soon, a researcher at the Korean Contingent Worker’s Center, [...]

Major Retailers Tipped to Rack Up Better Earnings in 2020

SEOUL, Nov. 22 (Korea Bizwire) — After a tough year, South Korea’s major retailers are tipped to log a modest improvement in their earnings next year on the back of improved business conditions and cost-cutting efforts, industry sources said Friday. This year has been the toughest ever for two homegrown retail giants, Emart and Lotte [...]