Vimeo
LinkedIn
Instagram
Share |

results

May 10, 2013

Revenue and profit figures for a number of big family businesses show parts of the global economy are still affected by weak demand, but News Corp posted a big profit rise.

Revenue and profit figures for a number of big family businesses show parts of the global economy are still affected by weak demand, but News Corp posted a big profit rise.

Bharti Airtel (2 May)
India-based telecommunications company Bharti Airtel had a difficult 2012 according to their full year results. Revenue increased 12% to Rs 803.1billion (€11.3 billion) but net profit fell 47% to Rs 22.8 billion – its lowest profit figure for seven years.

May 3, 2013

Good results news for Estee Lauder, MasTec, Marriott, McGraw Hill and Loblaw, tough times for Loews and Volkswagen.

Good results news for Estee Lauder, MasTec, Marriott, McGraw Hill and Loblaw, tough times for Loews and Volkswagen.

Estee Lauder (2 May)
Estee Lauder, the skin care company controlled by the eponymous family, announced 2% sales increases for the third quarter of 2013 to $2.29 billion (€1.7 billion).

But profits rose dramatically to $178.8 million, as the group's restructuring efforts of the past couple of years began to deliver cost savings.

April 26, 2013

Kering and Ford record mixed results for the first quarter of 2013, with figures varying greatly by region and division; Pernod Ricard reported growth in its third quarter.

Kering and Ford record mixed results for the first quarter of 2013, with figures varying greatly by region and division; Pernod Ricard reported growth in its third quarter.

PPR/ Kering
In Paris, luxury and lifestyle group Kering said revenues rose €2.4 billion, up 3.1% on a comparable basis to the first quarter of 2012.

Turnover from its sport and lifestyle division fell 2.5%, mainly due to slow sales at Puma, but revenues at Kering's luxury division grew 6.4%, with growth in all geographic regions.

April 24, 2013

ABS and Hermes reported strong first-quarter results, bolstered by demand for luxury and budget garments. But South African Pick n Pay and German Heineken fared less well, with growth in profits falling.    

ABS and Hermes reported strong first-quarter results, bolstered by demand for luxury and budget garments. But South African Pick n Pay and German Heineken fared less well, with growth in profits falling.

Associated British Foods
Associated British Foods posted strong results for the first quarter of 2013, with revenue increasing 10% to £6.3 billion (€4.2 billion), compared with the same period last year, and operating profit rose 20% to £496 million.

April 19, 2013

A number of European family businesses post good results, including Remy Cointreau and LVMH. But profits take a hit at Exor.

A number of European family businesses post good results, including Remy Cointreau and LVMH. But profits take a hit at Exor.

Remy Cointreau
Remy Cointreau – controlled by the Heriard Dubreuil family – said revenue was up 16.3% to €1.2 billion in its financial year the end of March. It is its second year in a row of double-digit growth, after achieving revenue growth of 13% in fiscal 2011.

April 10, 2013

Versace powers ahead on strong luxury demand, possible listing. Across the Atlantic, hospitality group Carlson and retailer Loblaw reported slow revenue growth.

Versace powers ahead on strong luxury demand, possible listing. Across the Atlantic, hospitality group Carlson and retailer Loblaw reported slow revenue growth.

Versace
On the back of strong sales growth, the family controlled Versace said it is looking at a possible sale of a stake in the business or an initial public offering to raise money for expansion and pay off debt.

March 25, 2013

Some of Europe’s best-known family businesses reported a mixed bag of results recently, with the luxury groups unsurprisingly notching up the highest growth.

Some of Europe’s best-known family businesses reported a mixed bag of results recently, with the luxury groups unsurprisingly notching up the highest growth.

Wates

March 19, 2013

There has been good news at some large family businesses recently, with Gebruder Weiss, Volkswagen and Koc Holding publishing strong results. 

There has been good news at some large family businesses recently, with Gebruder Weiss, Volkswagen and Koc Holding publishing strong results.

Gebruder Weiss
In Austria, Gebruder Weiss - owned by the Weiss and Jerie families – reported an 8% rise in net sales in its provisional 2012 results, released 19 March. Revenues at the transport and logistics company were €1.15 billion for the year to 31 December, compared to €1.07 billion in 2011.

March 14, 2013

Several European family businesses have posted encouraging results for 2012, with Inditex, Merck, Mercadona and Henkel all reporting strong revenue increases.

Several European family businesses have posted encouraging results for 2012, with Inditex, Merck, Mercadona and Henkel all reporting strong revenue increases.

Inditex
On 13 March, Spanish clothing giant Inditex said revenues for its fiscal 2012 were €15.9 billion – an increase of 16% on 2011's figures.

Click here >>
Close