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

Thomson Announces First Dividend
Feb 13, 2003
 Printable format
 Email this Article
 Search

Thomson SA of France, the maker of RCA and GE televisions, said it posted a 46 percent increase in second-half profit as cost-cutting and acquisitions compensated for lower demand for consumer electronics. The company also said it would pay its first-ever dividend.

Net income was 251 million euros (U.S. $269 million), up from 171 million euros in the year-earlier period.

The consumer electronics maker said it would pay a
2002 dividend of 22.5 cents a share. But conditions remained
"difficult," said Julian Waldron, CFO. "We are confident we can reach our targets for 2003, thanks to our potential for cost control."

Thomson's sales of consumer electronics fell 20 percent to 2.75
billion euros and operating profit dropped by more than half. The
division, which now accounts for less than half of Thomson's
revenue, was hurt by a strike at ports on the U.S. Pacific coast.
(Bloomberg News)

Back to Daily News

 

Daily News

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

Dec 17, 2014: Bosch names Kenny head of marketing

Dec 17, 2014: Multifamily Production Index off its peak, but still positive

Dec 17, 2014: AHRI launches two new certification programs

Dec 16, 2014: Ar├želik awarded for fridge with integrated ice-cream bowl

Dec 16, 2014: Report: appliance segment at the top of 2014 reshoring list

More Daily News>>

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

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

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
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