Posts From trademagazin
Shanghai remains the most competitive commercial center in China
Date: 2012-05-11 11:55:43
Shanghai has remained the most competitive commercial center in China, however, the city is experiencing difficulties in growth prospects. As in the previous years the Finance and Economics University of...
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The wine city is under construction in the downtown of Szeged
Date: 2012-05-11 11:40:10
From May 18, the most of the Hungarian winemakers will move to Szeged for ten days. A total of 120 producers will offer their products – told Licsicsányi Ilona managing...
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The European Commission proposes the equal taxation of vouchers
Date: 2012-05-11 10:10:21
The European Commission proposes that all types of vouchers to be equally taxed in all Member States. The market of vouchers has an annual 52 billion euros market in the...
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The wage of entry-level workers increased
Date: 2012-05-11 09:32:47
Entrants can expect the highest wages in the information technology sector, a monthly 246 thousand HUF – shows the recent survey of fizetesek.hu. run by Workania job portal. On the...
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VM: significant increase in the income of agricultural producers
Date: 2012-05-10 16:30:00
According to the preliminary datas of the Agricultural Economics Research Institute (AKI), the income of individual farms increased by 47 percent last year, compared to the previous year – informed...
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Bees are collecting less honey from the frozen acacia trees of Szabolcs-Szatmár-Bereg county
Date: 2012-05-10 12:50:32
This year, bees can collect less honey from the frozen acacia trees of Szabolcs-Szatmár-Bereg county – told the regional adviser of the Hungarian National Beekeeping Association (OMME) on Thursday to...
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One hundred previous job seekers will work in the new Tesco in Debrecen
Date: 2012-05-10 12:43:21
Hundreds of former long-term job-seekers got a job in the new Tesco store in Debrecen – announced Czomba Sándor, State Secretary of the National Economy Ministry responsible for Employment Policy,...
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NÉBIH focuses on strawberry cheaters
Date: 2012-05-10 12:34:02
More and more foiled Hungarian strawberries are on the shelves, where they still should have compete with the much cheaper Spanish strawberries. Between their prices the difference is high, because...
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Sopron will host the competition of Gamay wines for the first time
Date: 2012-05-10 12:10:51
The International Gamay Wine Competition will be held for the first time out of Szekszárd: Sopron will host this year’s competition on 30-31 May. Rigler Zsolt, the secretary of the...
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The Chinese consumers will push the global luxury market in the forthcoming years
Date: 2012-05-10 12:05:17
The Chinese consumers will push the global luxury market in the coming years – predicts the CLSA broker and investment group. Among others, the rising Chinese middle class will help...
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Magazin: It was just as good
Date: 2012-05-10 12:00:51
From MT Zrt.’s press release we learned that guests’ opinion about this year’s Greedy Thursday is that it was just as good as last year and consumer feedback was mainly...
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Veet: silky smooth skin with ease
Date: 2012-05-10 10:55:19
The hair removal expert, Veet ® came up with an innovative home waxing kit. Veet® EasyWax™ can be used easily. The novelty of professional hair removal thanks to its components...
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Szatmáry Kristóf: infringement proceeding initazed because of the Széchenyi Rest Cards
Date: 2012-05-10 10:20:04
An infringement proceeding was initated against Hungary, because of the Széchenyi Rest Card system – announced Szatmáry Kristóf, Secretary of the National Economy Ministry on Thursday Hévíz. The politician told...
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The hotel alliance can develop the national trade mark system
Date: 2012-05-10 10:15:25
The Hungarian Hotel Association can develop the national trade mark system of the domestic hotels in connection with the European Hotelstars certification system – announced the State Secretary of the...
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Helly Hansen official supplier of 470 World Championships in Barcelona
Date: 2012-05-10 09:05:00
Helly Hansen has initiated in Spain collaboration with the Federacio Catalana de Vela. As a first result, Helly Hansen will be the Official Partner of the 470 Class World Championships...
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Collation between the Ministry of Rural Development and the chain of stores on the milk industry's problems
Date: 2012-05-09 13:10:02
The Ministry of Rural Development (VM) collated with chain of stores in Budapest on Tuesday to find a solution to the emerging dairy market crisis – said Budai Gyula, Parliamentary...
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Slowing exports, while weak domestic consumption slows down imports
Date: 2012-05-09 12:25:44
In March, the forint value of exports increased by 3.5, the forint value of imports by 6.7 percent – the Central Statistical Office announced on Wednesday. Export value in euros...
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The first development of the Gyermelyi Logistics Ltd. is ready
Date: 2012-05-09 12:15:08
The Gyermelyi Logistics Ltd. realized its first development with a 780 million HUF investment, of which 250 million was the EU funding – the company told MTI. MTI Photo: Kovács...
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The Buda Goose Liver Festival awits everyone with a royal feast
Date: 2012-05-09 12:10:03
For a weekend, anyone can feel as a king at the Buda Goose Liver Festival in the Castle of Buda, between 1-3 June. The special guest of the festival this...
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New coffeebrand in Budapest
Date: 2012-05-09 12:04:21
One of the most popular coffee brands of Spain has arrived to Hungary. Cofesa is manufactured by a family business is Andalusia. Now you can only test it at a...
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Sales rise 4.8 percent to 4,008 million euros (organic: +4.7%) Adjusted* operating profit: up 16.6 percent to 551 million euros Adjusted* EBIT margin: up 1.3 percentage points to 13.7% Adjusted* earnings per preferred share (EPS): up 19.2% to 0.87 euros Emerging markets again show above-average growth (+8.7%) Improved gross margin despite raw material price increases “Henkel had a good start to the fiscal year in spite of a challenging and volatile market environment. We achieved solid organic growth and substantially improved our profitability,” said Henkel CEO Kasper Rorsted. “All of our business sectors contributed to this achievement. Once again our emerging markets registered a strong development. Thus, we are confident of achieving our targets for 2012.” For the fiscal year 2012, Rorsted stated: “We expect that volatility and uncertainty will continue to influence our markets. Therefore, we will continue to adapt our structures and processes so that we can respond more quickly and flexibly than our competitors.” 2012 guidance confirmed Henkel confirmed its guidance for fiscal 2012. “We continue to expect organic sales growth to be between 3 and 5 percent. For our adjusted EBIT margin we anticipate an increase to 14 percent and for adjusted earnings per preferred share we expect an improvement of at least 10 percent.” Henkel’s sales in the first quarter of 2012 were at 4,008 million euros, an increase of 4.8 percent compared to the figure for the prior-year quarter. Organic sales, which exclude the impact of foreign exchange and acquisitions/divestments, again rose by 4.7 percent, a solid increase compared to the prior-year quarter. All three business sectors contributed to this development: The Laundry & Home Care business sector reported a solid organic growth rate of 4.5 percent, with Cosmetics/Toiletries also posting solid organic growth of 4.0 percent. The Adhesive Technologies business sector generated strong organic sales growth of 5.6 percent. This solid performance was supported in all three business sectors by price increases Henkel was able to implement thanks to its innovations and strong brands. After allowing for one-time gains, one-time charges and restructuring charges, adjusted operating profit improved by 16.6 percent, from 473 million euros to 551 million euros, with all three business sectors contributing. Reported operating profit (EBIT) increased by 25.2 percent, from 430 million euros to 538 million euros. Despite rising prices for raw materials and packaging, adjusted return on sales (EBIT margin) rose significantly by 1.3 percentage points, from 12.4 percent to 13.7 percent. Reported return on sales was 13.4 percent, following 11.2 percent in the comparative prior-year period. Financial result improved slightly to –36 million euros compared to the prior-year quarter (first quarter 2011: –37 million euros). At 24.7 percent, the tax rate was 1.5 percentage points below the figure for the prior-year period (26.2 percent). Net income for the quarter improved by 30.3 percent, from 290 million euros to 378 million euros. After deducting 9 million euros attributable to non-controlling interests, quarterly net income amounted to 369 million euros (prior-year quarter: 285 million euros). Adjusted net income for the quarter after deducting non-controlling interests was 377 million euros compared to 314 million euros in the prior-year quarter. Earnings per preferred share (EPS) rose from 0.66 euros to 0.86 euros. The adjusted figure was 0.87 euros compared to 0.73 euros in the first quarter of 2011. The ratio of net working capital to sales was 8.0 percent, remaining at the level of the prior-year quarter. Net debt was further reduced to 1,159 million euros (March 31, 2011: 1,874 million euros). Sales and profits forecast 2012 Henkel continues to expect organic sales growth of between 3 and 5 percent for fiscal 2012. Henkel is confident of continuing the positive growth trend posted by its consumer goods businesses, with sales expanding in the low single-digit percentage range. For the Adhesive Technologies business sector, Henkel expects sales to grow in the mid single-digit percentage range. Henkel confirms its forecast for an adjusted return on sales (EBIT) of 14 percent (2011: 13.0 percent) and for an increase in adjusted earnings per preferred share of at least 10 percent (2011: 3.14 euros). This guidance is based on anticipated increases in Henkel’s selling prices and the ongoing adaptation of its structures to the constantly changing market conditions. Through these activities and the maintenance of its strict cost discipline, Henkel intends to more than offset the effects of increased raw material costs on its earnings. * Adjusted for one-time charges/gains and restructuring charges This document contains forward-looking statements which are based on the current estimates and assumptions made by the corporate management of Henkel AG & Co. KGaA. Forward-looking statements are characterized by the use of words such as expect, intend, plan, predict, assume, believe, estimate, anticipate, forecast and similar formulations. Such statements are not to be understood as in any way guaranteeing that those expectations will turn out to be accurate. Future performance and the results actually achieved by Henkel AG & Co. KGaA and its affiliated companies depend on a number of risks and uncertainties and may therefore differ materially from the forward-looking statements. Many of these factors are outside Henkel’s control and cannot be accurately estimated in advance, such as the future economic environment and the actions of competitors and others involved in the marketplace. Henkel neither plans nor undertakes to update forward-looking statements.
Date: 2012-05-09 12:00:14
“Henkel had a good start to the fiscal year in spite of a challenging and volatile market environment. We achieved solid organic growth and substantially improved our profitability,” said Henkel...
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Magazine: Today shopping – tomorrow table reservation
Date: 2012-05-09 11:58:16
Sorry, this entry is only available in HU....
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Egervin found a new owner
Date: 2012-05-09 11:55:21
After ten unsuccessful applications the Integrált Borgazdasági Zrt. (former Egervin), the former flagship winery in Eger found a new owner – told the company’s commissioner liquidator Szűcs Zoltán, on Wednesday...
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MasterCard launches an open payment service
Date: 2012-05-09 11:55:14
On Tuesday, Mastercard announced PayPass Wallet Services a new global offering for banks, merchants and partners that will make it faster and easier for their customers to make purchases in stores...
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The EU is studying the decline in the number of bees
Date: 2012-05-09 11:27:42
The European Commission announced significant financial support to those studies that aims to explore the reasons and possible solutions to fight against bee health problems. The EU's executive body supports...
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Szöllősi Winery’s bottling plant was inaugurated
Date: 2012-05-09 11:23:57
The Szöllősi Winery inaugurated its bottling plant and storage cellar on Wednesday, in Neszmély, Komárom-Esztergom county from 120 million HUF. The New Hungary Rural Development Program gave 51 million HUF...
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Pepsi’s recipe may be disclosed by the inventor’s heirs
Date: 2012-05-09 11:00:12
The heirs of the man who helped develop the formula for Pepsi are suing the soda company over their right to share with the public documents detailing their father’s invention....
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Quota free Europe?
Date: 2012-05-08 14:10:25
This decade brings several novelties in the food production of the European Union. The new budget cycle, that will start in 2014 will bring several changes, the redistribution of the...
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GfK: The turnover of bakery products increase because of the price increases last year
Date: 2012-05-08 14:00:53
Due to the rise in prices, the turnover of bakery products have increased by about one tenth last year. According to the GfK market research institute, a Hungarian households typically...
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Analysts said that the weak Hungarian industrial production corresponds to the European trend
Date: 2012-05-08 13:50:06
According to analysts polled by MTI, the KSH data published in March about the weak industrial production corresponds to the European trend. The analysts expect 1.5 to 2.5 percent industrial...
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