Banco Santander Chile Announces Second Quarter 2009 EarningsSANTIAGO, Chile - Banco Santander Chile (NYSE: SAN; SSE: Bsantander) announced today its unaudited results for the second quarter of 2009. These results are reported on a consolidated basis in accordance with Chilean GAAP(1, 2) in nominal Chilean pesos. Morgan Stanley B.V.AMSTERDAM - Morgan Stanley B.V. hereby announces that the half yearly financial report as of 31 May 2009 as expressed in article 5.25d of the Act on Financial Supervision (”Wet financieel toezicht”) has been made public and is available on the Morgan Stanley website: www.morganstanley.com. BSkyB Full Year Results 2009 - Interviews With CEO and CFOLONDON - British satellite broadcaster BSkyB grew customer numbers at the fastest rate of growth for five years last year, as more consumers chose a night at home in front of the television rather than going out. Rolls-Royce - Resilient Results and Investing for the FutureLONDON - In an interim results interview Rolls-Royce Chief Executive Sir John Rose talks about the company’s record order book, diversified business model and the early actions it took on costs as underpinning another set of resilient results. Camlin Fine Chemicals Ltd Unaudited Financial Results Declared for the Quarter Ended 30th June, 2009MUMBAI, India - - PBT up by 19 % to Rs. 197.07 lacs; MUMBAI, India, July 30 /PRNewswire/ – EDP Energias do Brasil Reports EBITDA of R$344 Million in 2Q09SAO PAULO - - Manageable Expenses, excluding Depreciation and Amortization, reduced by 12% compared with 2Q08 DLF Announces Q1 FY10 ResultsNEW DELHI, India - - Revenue at Rs 1,746 cr, Net Profit at Rs 396 cr Editors Synopsis: Financial Highlights - Q1 FY10 (all comparisons with Q4 FY09) - Consolidated Revenue at Rs 1,746 crore, up by 29% from Rs 1,351 crore - EBIDTA at Rs 840 crore, up by 119% from Rs 384 crore - Consolidated PAT at Rs 396 crore, up by 149% from Rs 159 crore - EPS for the quarter at Rs 2.33 - Dividend of Rs 2 per share announced for FY09 Q1 FY10 (all comparisons with Q1 FY09) - Consolidated Revenue at Rs 1,746 crore, down by 55% from Rs 3,846 crore - EBIDTA at Rs 840 crore, down by 65% from Rs 2,380 crore - Consolidated PAT at Rs 396 crore, down by 79% from Rs 1,864 crore Balance Sheet - Focus on de-leveraging: Net Debt down by over Rs 2,000 crore - Received Rs 500 crore through sale of non-core assets; expect another Rs 5,000 crore during the current fiscal - Gearing at around 0.5, down from 0.6 as on March 31, 2009; target to reduce gearing to 0.3 by March 2010 Highlights - Q1 FY10 Industry - Real estate segment witnessing renewed activity - Aggressive reduction in prices has led to increased affordability - Most of the affordable housing projects garnered good response from customers - returning stability of housing market in India - As the economy improves, the pace of growth is expected to gather momentum - In the commercial segment, the level of enquiries has shown significant improvement, and as the economy improves, these are bound to convert into actual pre-leases Business - Total developable area at 423 msf, down from 425 msf mainly due to sale of projects and land - 42 msf of projects area under construction at the end of the quarter - Commenced construction on approx. 8 msf comprising homes (New Gurgaon) and commercial complexes (Okhla, New Delhi and Kolkata) during the quarter - Launched DLF Capital Greens, New Delhi - Part of the medium term strategy to launch city centric projects which have better margins than suburban premium homes - Excellent response to DLF Capital Greens - sold approx. 2msf in Phase I of the project in one day - Booked 0.50 msf of homes in Bangalore during the quarter - Handed over approx 1 msf of office (Gurgaon) and commercial complexes space (Delhi) - De-notification received from BoA for five SEZs - SIEL (Delhi), Bhubaneshwar, Sonepat, Gandhinagar and Kolkata - Sale of non-core assets and de-leveraging plan progressing as planned - All repayment commitments made in time DLF Assets Limited - Received Rs 2,500 crore in the quarter, exceeding the target of Rs 2,000 crore - Expect another Rs 500 crore during the fiscal - Receivables from DAL now stand at Rs 2,600 crore as compared to Rs 4,906 crore as on Mar 31, 2009 Outlook - Company getting reorganized with clear focus across two business segments - development (sales and commercial complexes) and annuity (offices and retail malls) - Portfolio adjustment towards liquidity preservation and de-leveraging - Continue to look at unlocking value from non-strategic assets as well as long gestation / marginal projects - Continue to test the market for mid-income housing across newer locations - Plans to launch strategic “city centric” housing projects and also progress with luxury segment - Selective launch of new commercial complexes by testing new markets - To commence construction at SBM, New Delhi in the next quarter - Further recovery action and due diligence for sale of non-core assets in progress Mohawk Industries, Inc. Announces Second Quarter EarningsCALHOUN, Georgia - Mohawk Industries, Inc. (NYSE: MHK) today announced 2009 second quarter net earnings of US$46 million and diluted earnings per share (EPS) of US$0.67. Operating income for the second quarter was US$75 million. A restructuring charge of US$12 million was recorded in the quarter primarily due to the closure of a European laminate facility. Excluding the restructuring charge, operating income was US$87 million and EPS was US$0.79. In the second quarter of 2008, net earnings and EPS were US$89 million and US$1.29 per share, respectively. Net sales for the quarter were US$1,406 million, a decrease of 24% (22% on a constant exchange rate) from 2008. The company generated cash flow from operations of US$228 million. We strengthened our balance sheet, by generating over US$200 million in free cash flow, paying US$122 million of debt and investing US$26 million in capital expenditures. We ended the period with a balance of over US$225 million in cash. The results benefited from aggressively driving costs down, improving working capital, tighter control over capital expenditures and an intense focus on customers. Cadbury Sees Revenue Growth and Market Share ImprovementLONDON - In video interviews released today, Cadbury, the global confectionary company, said its performance in the second quarter had improved “quite markedly” across all its categories - chocolate, gum and candy - confirming its belief that the de-stocking problems of the first quarter were now largely in the past. ARCADIS Half Year 2009 Results Available Live Via WebcastARNHEM, The Netherlands - Scheduled for Wednesday 5 August, 2009 10:00 AM (Eastern Time) 16:00 (CET) Sify Reports Revenues of $ 34.54 Million for the First Quarter of Fiscal Year 09-10CHENNAI, India - - Grows Revenues 10% Over Previous Year, Net Loss for the Quarter Reduced to $ 1.34 Million Royal Caribbean Reports Second Quarter ResultsMIAMI - Royal Caribbean Cruises Ltd. (NYSE: OSE; RCL) today announced earnings for the second quarter of 2009 and provided updated guidance for the third quarter and full year. Strong Improvement of Valeo’s Results in the Second QuarterPARIS - - Positive operating margin of 15 million euros versus a loss of 66 million euros in the first quarter - Free cash flow[1] of 84 million euros and a reduction of the net debt of 92 million euros - Negative net income of 54 million euros versus a negative net income of 159 million euros in the first quarter 2009, which brings the net income for the first half to a loss of 213 million euros - Outlook: - Automotive production forecast revised upwards: drop of 7% for the second half and 17% for the full year - Based on these market conditions, objective of a positive operating margin in the second half and cash consumption for the year of around 200 million euros after payment of 230 million euros related to restructuring costs Hudson Highland Group Reports 2009 Second Quarter Financial ResultsNEW YORK - Hudson Highland Group, Inc. (Nasdaq: HHGP), one of the world’s leading providers of permanent recruitment, contract professionals and talent management solutions, today announced financial results for the second quarter ended June 30, 2009. DOCDATA N.V. Announces the 2009 Half-Year ResultsWAALWIJK, The Netherlands - - Order Portfolio of Technology Company IAI Industrial Systems Reaches Highest Level Ever IEBV Publishes First Half Year Report 2009AMSTERDAM - International Endesa BV (IEBV) has published its half year report of 2009. During the first six months of 2009, IEBV earned 1,9 MM euros. The company performed the management and administration activities on its financial assets and liabilities, including ECP, MTN, private placement, intercompany loans and financial derivatives. The first half year report of 2009 can be viewed and downloaded on the following: FEMSA Delivers Robust Revenues and Operating Income Growth in 2Q09MONTERREY, Mexico - Fomento Economico Mexicano, S.A.B. de C.V. (”FEMSA”) announced today its operational and financial results for the second quarter of 2009. Addax Petroleum Announces Record Production in Second Quarter 2009 ResultsCALGARY, Canada - - Record Quarterly Production of 143.2 Mbbl/d - Funds Flow From Operations of $306 million - Net Income of $38 Million Torchmark Corporation Reports Second Quarter 2009 ResultsMCKINNEY, Texas - Torchmark Corporation (NYSE: TMK) reported today that for the quarter ended June 30, 2009, net income was US$1.38 per share compared with US$1.47 per share for the year-ago quarter. Net operating income for the quarter was US$1.53 per share, a 6% per share increase compared with US$1.44 per share for the year-ago quarter. Weak Dollar and High Oil Prices in H1 Fail to Blight Syngenta’s OptimismLONDON - World-leading agri business Syngenta has pointed to strong levels of global demand for its products as it unveiled financial results for the first half of 2009. Magna International Inc. - Notice of Conference Call for Second Quarter 2009 ResultsAURORA, Canada - Magna International Inc. (TSX: MG.A; NYSE: MGA) will release its financial results for the second quarter ended June 30, 2009, on Friday, August 7, 2009. Misys - Preliminary Results Interview With CEOLONDON - Misys, the banking and healthcare software group, reported continued growth despite the turmoil in financial markets. RAK Free Trade Zone Sees 14.5 Percent Rise in Q2 RevenueRAS AL KHAIMAH, United Arab Emirates - Ras Al Khaimah Free Trade Zone (RAK FTZ) posted a 14.5 percent increase in revenue in the second quarter of 2009, compared to the same period in 2008. Wipro Records 13% Growth in Net IncomeBANGALORE, India and EAST BRUNSWICK, New Jersey - - Results for the Quarter Ended June 30, 2009 Under IFRS GSK - Improving Performance to Continue in Second HalfLONDON - GSK announced its sales and turnover fell by less than expected in Q2. The Pharma giant also said there had been good growth in the consumer, vaccine, european and emerging markets businesses and whilst the US remains under pressure from older products going off patent, the rate of decline has slowed down. Qualcomm Announces Third Quarter Fiscal 2009 ResultsSAN DIEGO - - Revenues US$2.8 Billion, EPS US$0.44 - Pro Forma EPS US$0.54 - Raises Fiscal 2009 Revenue and Operating Income Guidance Mueller Industries, Inc. Reports Second Quarter 2009 EarningsMEMPHIS, Tennessee - Harvey L. Karp, Chairman of Mueller Industries, Inc. (NYSE: MLI), announced today that Mueller’s net income in the second quarter of 2009 was US$6.0 million, or 16 cents per diluted share. This compares with US$27.0 million, or 72 cents per diluted share, for the same period of 2008. Net sales for the second quarter of 2009 were US$367.8 million compared with US$753.5 million in 2008. For the first half of 2009, net income was US$3.5 million, or 9 cents per diluted share, on net sales of US$694.4 million. This compares with net income of US$54.4 million, or US$1.45 per diluted share, on net sales of US$1.46 billion for the first half of 2008. Sify Technologies to Report First Quarter Fiscal Year 2009-2010 Financial Results on Wednesday, July 29, 2009CHENNAI, India - Sify Technologies Limited, (NASDAQ:SIFY), a leader in enterprise data services and consumer Internet with global delivery capabilities, today announced that it will report its financial results for the first quarter ended June 30, 2009 on Wednesday, July 29, 2009 before the market opens. Al Rajhi Bank Achieves SR 3.5 Billion in Profits During the First Half of This Year, a 5% Increase Over Last YearRIYADH, Saudi Arabia - Al Rajhi Bank CEO, Mr. Abdullah Sulaiman Al Rajhi announced that the Bank posted a net profit of SR 3,503 million, compared to SR 3,344 million during the same period last year, representing a 5% increase. This growth is attributed to the increase in customer deposits and the diversification of the Bank’s financing and investment strategy. Al Rajhi explained that the Bank is continuing with its conservative strategy by increasing its financial provisions by 55% compared to the same period last year. Essilor : First Half 2009 RevenueCHARENTON-LE-PONT, France - - Strong Growth in First-Half Revenue, up 9.4% - Operating Margin Holds Firm Tetragon Financial Group Limited (TFG) Monthly Update For June 2009LONDON - Tetragon Financial Group Limited (TFG) is a Guernsey closed-ended investment company traded on Euronext Amsterdam by NYSE Euronext under the ticker symbol “TFG”. Bank of America Earns US$3.2 Billion in Second QuarterCHARLOTTE, North Carolina - - Strong Pretax, Pre-provision Income of US$16 Billion - Another Good Quarter in Capital Markets and Home Loans Polaris Records 18% Growth in ProfitsCHENNAI, India - Polaris Software Lab Limited (POLS.BO), a leading Financial Technology company, today announced the first quarter results for FY 2009-10. Capstone Reports Strong Production & Cash Operating Costs for the First Half of 2009VANCOUVER - - 49.2 Million pounds of Copper in Concentrates With an Estimated Total Cash Cost(1) of US$0.93 per Pound of Payable Copper STALLERGENES: Strong Sales Growth in 1st Half-Year: up 12% Full-Year Guidance MaintainedANTONY, France - Million EUR 2008 08/07 2009 09/08 MEUR %Sales Var.% MEUR %Sales Var.% Southern Europe (1) 26.7 71 15 28.5 68 7 Other EU countries (2) 9.3 24 20 11.4 28 23 Other markets 2.0 5 47 1.5 4 (23) SLIT 30.3 80 21 33.8 82 12 SCIT 6.1 16 7 5.9 14 (3) Other products 1.6 4 4 1.7 4 9 Q2 sales 38.0 100 18 41.4 100 9 Southern Europe (1) 64.7 75 15 70.3 72 9 Other EU countries (2) 18.6 21 18 24.1 25 30 Other markets 3.7 4 46 3.2 3 (12) SLIT 71.3 82 19 81.0 83 14 SCIT 12.3 14 4 12.8 13 4 Other products 3.4 4 6 3.8 4 10 H1 sales 87.0 100 16 97.6 100 12 (1) Portugal, Spain, France, Italy, Greece; (2) Switzerland included |
