Vimeo
LinkedIn
Instagram
Share |

results

August 14, 2012

It is turning out to be an upbeat period for family businesses with Estee Lauder, Ayala Corporation and SM Investments Corporation posting strong profit growth, while shipping giant AP Moeller-Maersk has raised its 2012 net profit forecast.

It is turning out to be an upbeat period for family businesses with Estee Lauder, Ayala Corporation and SM Investments Corporation posting strong profit growth, while shipping giant AP Moeller-Maersk has raised its 2012 net profit forecast.

August 13, 2012

Despite growing fears of an economic slowdown in Asia, the week has started off well for family businesses ICTSI and Tat Hong, whose profits have significantly jumped. However, Li & Fung has not been as lucky as its operating profit fell and revenues increased only marginally.

Despite growing fears of an economic slowdown in Asia, the week has started off well for family businesses ICTSI and Tat Hong, whose profits have significantly jumped. However, Li & Fung has not been as lucky as its operating profit fell and revenues increased only marginally.

August 8, 2012

It’s been a week of ups and downs for family businesses as Singapore’s United Overseas Bank and the Philippines’ Aboitiz Equity Ventures registered half-yearly double-digit profit growth, while Prada, DKSH and Campari posted healthy revenue gains for the same period on the back of their Asian businesses.

It’s been a week of ups and downs for family businesses as Singapore’s United Overseas Bank and the Philippines’ Aboitiz Equity Ventures registered half-yearly double-digit profit growth, while Prada, DKSH and Campari posted healthy revenue gains for the same period on the back of their Asian businesses. Molson Coors and Douglas Holdings, however, reported significant falls in net income.

August 3, 2012

It’s not been the best of weeks for Asian business magnet Li Ka-shing, whose flagship companies Cheung Kong and Hutchison Whampoa both reported mixed results, but a number of other family businesses, including Toyota, have fared better. 

It’s not been the best of weeks for Asian business magnet Li Ka-shing, whose flagship companies Cheung Kong Holdings and Hutchison Whampoa both reported mixed results, but a number of other family businesses, including Toyota, have fared better.

At Cheung Kong, six-month revenues were 32% lower at HK$17.72 billion (€1.85 billion), compared to HK$26.1 billion during the same period last year. The company, controlled by Li and his family, blamed a slower-than-expected Chinese housing market.

August 1, 2012

Second-quarter and half-year 2012 results this week yielded highs and lows for family businesses as Porsche SE and BMW reported major gains while Loews and Saputo saw profits fall. 

Second-quarter and half-year 2012 results this week yielded highs and lows for family businesses as Porsche SE and BMW reported major gains while Loews and Saputo saw profits fall. A number of family businesses, meanwhile, had mixed results, with Fiat posting healthy profits amidst declining sales in Europe and Anheuser-Busch InBev reporting increased revenues for the half year despite a decrease in sales volume.

July 27, 2012

It has been a good week for top European family businesses, as the continent’s biggest carmaker, Volkswagen, and leading French luxury conglomerates LVMH and PPR reported significant revenue growth for the first half of 2012.

It has been a good week for top European family businesses, as the continent’s biggest carmaker, Volkswagen, and leading French luxury conglomerates LVMH and PPR reported significant revenue growth for the first half of 2012.

LVMH, controlled by Bernard Arnault and his family, announced on 26 July half-yearly revenues of €13 billion, up 26% from €10.29 billion in the first six months of last year.

July 25, 2012

Global economic difficulties continued to exert pressure on a number of family businesses, with ArcelorMittal, Peugeot and Ford all reporting falls in revenues this week.

Global economic difficulties continued to exert pressure on a number of family businesses, with ArcelorMittal, Peugeot and Ford all reporting falls in revenues this week.

French carmaker and Europe’s second biggest automotive company Peugeot reported on 25 July a 5.1% decrease in its half-yearly results, down from €31.135 billion during the first six months of 2011 to €29.6 billion in 2012. Its automotive division reported a loss of €660 million, down 10%.

July 25, 2012

It has been a week of consolidations in the family business world – German firm Bosch is to acquire fellow family-owned Ampack, a Hong Kong group is eyeing a non-family company in the UK, while an Indian conglomerate wants to make its mark in Australia.

It has been a week of consolidations in the family business world – German firm Bosch is to acquire fellow family-owned Ampack, a Hong Kong group is eyeing a non-family company in the UK, while an Indian conglomerate wants to make its mark in Australia.

July 20, 2012

It has been a week of ups and downs for family businesses around the world, with some seeing a significant growth in revenues and others witnessing a decline.

It has been a week of ups and downs for family businesses around the world, with some seeing a significant growth in revenues and others witnessing a decline.

Luxury goods-maker Hermes, famous for its silk scarves and Birkin bags, said on 19 July that sales for the quarter ending June 2012 increased by around 22% to €814.5 million.

Click here >>
Close