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The consumer goods giant said it was seeing “increased demand” for cleaning products such as Dettol and Lysol amid a surge in hygiene consciousness among customers as a result of the outbreak
Inspecs designs and makes spec frames both under its own brand and for retailers
The firm said changes in the Chinese market, including a “materially lower birth rate“ and slower than expected integration meant the prospects for market growth at had been lowered
Whether slightly above or slightly below, practically all BAT's key financial metrics were close or in-line with market expectations.
The company said the approval provided “a new and immediate commercial opportunity in the western world’s largest market”
The banknote maker said the new cost reduction plans will “significantly exceed and accelerate” previous commitments and allow it to “compete more strongly across all its market segments”
The board looks forward to further growth in H2 and beyond."
Chief executive Kieran Callan believes the new products, which go on sale online on Wednesday (Feb 26) and will be stocked in all 800 Superdrug stores from March 11, could to shake the segment up
Shandong Ruyi, infamously drowning in debt, is accused of breach of contract
Trading in the third quarter has been as expected said de Mot
Virus fear - and greed - grips the market. Nothing like a bit of fear to send people racing for the exits - or those who figure fear just means buying the fear when others are selling it. Bloody fear! Bloody greed! Bloody humans!
The acquisition was completed for US$37mln using operating cash flows and existing debt facilities
The company has manufacturing bases in China and Vietnam
“The market has taken the view that the model is breaking down or soon to break down due to perceptions of worsening cigarette volumes, reduced risk disruption and regulatory headwinds among others”
Revenue from continuing operations was down 3.1% to £293.3mln in the first half
Markets are sensitive to China's increased significance in global trade flows
Tuesday should also see a year-end trading update from drinks maker AG Barr and over-50s insurance and travel group Saga
Helen Willis, who will leave the banknote printer with immediate effect, follows the exit of the company's chairman, CEO and a number of other directors in 2019 as it struggles to revive its fortunes
The price target was slashed to 100p from 220p to reflect margin and sales decline
Joules has identified the root cause of the Christmas mishap and taken steps to sort out stocks for the spring/summer offering, “reassured” by online demand