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

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

Apr 18, 2014: Spectrum Brands CEO Lumley Joins Husqvarna Board

Apr 17, 2014: GE Appliances 1Q Revenues Down 3%

Apr 17, 2014: Remodeling Growth Expected to Continue

Apr 17, 2014: HVAC/R Contractors Outlook Holds Steady

Apr 17, 2014: Appliance Store Sales Down Slightly in March

More Daily News>>

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

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

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
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 | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows