Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Indesit Reports Profit Loss
Feb 13, 2009
 Printable format
 Email this Article
 Search

European appliance maker Indesit said net profit fell 47% last year. Revenues were also lower on a consumer slowdown and unfavorable exchange rates. It also said that the coming year will continue to be difficult, and that its board would not propose a dividend.

Net profit was €55.5 million (approx US$71.75 million). Operating profit fell 26.9% to €140.6 million, but rose 18.5% at constant exchange rates. Turnover fell 7.4% to €3.155 billion, a 3.2% fall at constant exchange rates.

"2009 is going to be a difficult year: the negative factors that characterized 2008 will persist," said Marco Milani, CEO. "In this context, the company’s top priority will be maintaining its financial solidity and leadership positions across Greater Europe. Further, 2009 will see the most impressive program of new product launches in the company’s history."

Back to Daily News

 

Daily News

...........................................................

Oct 2, 2014: Consumer confidence down in September

Oct 2, 2014: Canadian HVAC/R wholesaler sales down 0.8% in August

Oct 1, 2014: Whirlpool on Manufacturing Day: on track to exceed $1 billion U.S. investment goal

Oct 1, 2014: Commercial appliance spending and other restaurant capital spending solid in August

Oct 1, 2014: Appliance maker Gorenje is first Slovenian company with a European Works Council

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows