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Colgate Announces Deal To Acquire Hello Oral Care Brand

Thursday, 23 Jan 2020

Jan 23 (Reuters) - Colgate-Palmolive Co ::COLGATE ANNOUNCES AGREEMENT TO ACQUIRE HELLO ORAL CARE BRAND.COLGATE-PALMOLIVE CO - TRANSACTION WILL BE FINANCED WITH A COMBINATION OF CASH AND DEBT AND IS CURRENTLY EXPECTED TO CLOSE NO LATER THAN FEBRUARY 2020.COLGATE-PALMOLIVE CO - HELLO WILL CONTINUE TO BE LED BY FOUNDER CRAIG DUBITSKY AND LAURI KIEN KOTCHER, CHIEF EXECUTIVE OFFICER.COLGATE-PALMOLIVE CO - TERMS OF DEAL HAVE NOT BEEN DISCLOSED.COLGATE-PALMOLIVE CO - ACQUISITION IS EXPECTED TO BE FLAT TO A PENNY DILUTIVE TO 2020 DILUTED EARNINGS PER SHARE.COLGATE-PALMOLIVE CO - INCLUDING TRANSACTION COSTS, ACQUISITION IS EXPECTED TO BE FLAT TO A PENNY DILUTIVE TO 2020 DILUTED EARNINGS PER SHARE.

P&G CFO Says Sales In Japan Created Nearly 0.5 Pts Drag On Total Organic Sales Growth- Conf Call

Thursday, 23 Jan 2020

Jan 23 (Reuters) - Procter & Gamble Co ::P&G CFO- SALES IN JAPAN, CO'S THIRD LARGEST MARKET, CREATED NEARLY 0.5 PTS DRAG ON TOTAL ORGANIC SALES GROWTH DUE TO TIMING OF VAT CHANGES - CONF CALL.P&G CFO- "WE CONTINUE TO FACE THE CHALLENGES OF A VERY VOLATILE MACRO AND GEOPOLITICAL LANDSCAPE AND OF COMPETITIVE RESPONSE TO OUR GROWTH".P&G CFO- "PRICING ANNUALIZES AS WE MOVE THROUGH THE BACK HALF OF THE YEAR, AFFECTING BOTH TOP AND BOTTOM LINE TRENDS".P&G CFO- SITUATION IN THE HONG KONG MARKET HAS CONTINUED TO BE DIFFICULT, WHICH HAD IMPACT ON Q2 AND ON THE TRAVEL RETAIL BUSINESS.P&G CFO- GROWTH RATES HAVE SLOWED IN INDIA MARKET, CHALLENGES THERE HAVE INCREASED AND WILL LIKELY REMAIN FOR THE BALANCE OF THE YEAR.P&G CFO ON CORONAVIRUS- " WE'RE OBVIOUSLY MONITORING THAT CLOSELY AS IT RELATES BOTH TO THE HEALTH OF OUR EMPLOYEES AND BROADER COMMUNITY".P&G CFO ON CORONAVIRUS- "IT CAN ALSO AFFECT CONSUMER CONFIDENCE IN LARGE PARTS OF THE MARKET THAT CAN AFFECT TRAVEL".P&G CFO ON CORONAVIRUS- "IT'S ONE OF THE MANY PIECES OF VOLATILITY THAT'S JUST IMPORTANT WE KEEP IN FRONT OF US".

Prosperous Future Announces Acquisition Of Remaining 90% Of Issued Shares In Target Companies

Thursday, 23 Jan 2020

Jan 23 (Reuters) - Prosperous Future Holdings Ltd <1259.HK>::PROSPEROUS FUTURE - BLOOM TEAM DEVELOPMENT TO BUY REMAINING 90% STAKE IN EACH OF GOLDENWAY INVESTMENTS (HK) AND GOLDENWAY ASSET MANAGEMENT.PROSPEROUS FUTURE - GOLDENWAY INVESTMENTS (HK) BUY FOR HK$26.4 MILLION, GOLDENWAY ASSET MANAGEMENT BUY FOR HK$1.6 MILLION.

Kimberly-Clark Sees FY 2020 Sales Up 1%

Thursday, 23 Jan 2020

Jan 23 (Reuters) - Kimberly-Clark Corp ::KIMBERLY-CLARK ANNOUNCES YEAR-END 2019 RESULTS AND 2020 OUTLOOK.SEES FY 2020 ADJUSTED EARNINGS PER SHARE $7.10 TO $7.35.SEES FY 2020 EARNINGS PER SHARE $5.95 TO $6.65.Q4 ADJUSTED EARNINGS PER SHARE $1.71.Q4 EARNINGS PER SHARE ESTIMATE $1.70 -- REFINITIV IBES DATA.Q4 EARNINGS PER SHARE $1.59.SEES FY 2020 SALES UP 1 PERCENT.Q4 SALES $4.6 BILLION VERSUS REFINITIV IBES ESTIMATE OF $4.54 BILLION.PERSONAL CARE SEGMENT Q4 SALES OF $2.2 BILLION INCREASED 1 PERCENT.NET SALES IN 2020 ARE EXPECTED TO INCREASE 1 PERCENT YEAR-ON-YEAR, INCLUDING ORGANIC SALES GROWTH OF 2 PERCENT.CONSUMER TISSUE SEGMENT Q4 SALES OF $1.5 BILLION INCREASED 1 PERCENT.SEES 2020 ORGANIC SALES INCREASE OF 2 PERCENT.KIMBERLY-CLARK - EXITED BUSINESSES IN CONJUNCTION WITH 2018 GLOBAL RESTRUCTURING PROGRAM EXPECTED TO REDUCE SALES SLIGHTLY IN 2020.SEES 2020 ADJUSTED OPERATING PROFIT GROWTH OF 3 TO 5 PERCENT..SEES 2020 CAPITAL SPENDING OF $1,150 TO $1,350 MILLION.EXPECTS TO INCUR RESTRUCTURING CHARGES OF $1,700 TO $1,900 MILLION PRE-TAX BY END OF 2020.THROUGH END OF 2019, INCURRED CUMULATIVE RESTRUCTURING CHARGES OF $1,402 MILLION PRE-TAX.SEES SHARE REPURCHASES OF $700 TO $900 MILLION IN 2020.FY2020 EARNINGS PER SHARE VIEW $7.25, REVENUE VIEW $18.61 BILLION -- REFINITIV IBES DATA.BOARD OF DIRECTORS HAS APPROVED A 3.9 PERCENT INCREASE IN QUARTERLY DIVIDEND.

P&G Announces Q2 Earnings Per Share $1.41

Thursday, 23 Jan 2020

Jan 23 (Reuters) - Procter & Gamble Co ::P&G ANNOUNCES FISCAL YEAR 2020 SECOND QUARTER RESULTS.Q2 CORE EARNINGS PER SHARE $1.42.Q2 EARNINGS PER SHARE $1.41.Q2 SALES $18.2 BILLION VERSUS REFINITIV IBES ESTIMATE OF $18.37 BILLION.Q2 EARNINGS PER SHARE ESTIMATE $1.37 -- REFINITIV IBES DATA.P&G - NOW EXPECTS TO PAY OVER $7.5 BILLION IN DIVIDENDS AND REPURCHASE $7 BILLION TO $8 BILLION OF COMMON SHARES IN FISCAL 2020.P&G - ORGANIC SALES INCREASED FIVE PERCENT IN QUARTER.P&G QTRLY GROOMING SEGMENT ORGANIC SALES INCREASED FOUR PERCENT VERSUS YEAR AGO.P&G QTRLY BABY, FEMININE AND FAMILY CARE SEGMENT ORGANIC SALES INCREASED ONE PERCENT VERSUS YEAR AGO.P&G - RAISED ITS OUTLOOK FOR FISCAL 2020 ALL-IN SALES GROWTH TO A RANGE OF FOUR TO FIVE PERCENT GROWTH VERSUS PRIOR FISCAL YEAR.P&G - INCREASED ITS GUIDANCE FOR ORGANIC SALES GROWTH FOR 2020 FROM A RANGE OF THREE TO FIVE PERCENT TO A RANGE OF FOUR TO FIVE PERCENT.P&G - RAISED FISCAL 2020 GUIDANCE FOR CORE EARNINGS PER SHARE GROWTH FROM RANGE OF 5 TO 10 PERCENT TO RANGE OF 8 TO 11 PERCENT VERSUS FISCAL 2019.P&G - INCREASED ESTIMATE FOR FISCAL 2020 ADJUSTED FREE CASH FLOW PRODUCTIVITY FROM 95% TO 100%.P&G - INCREASED GUIDANCE RANGE FOR FISCAL 2020 ALL-IN GAAP DILUTED NET EARNINGS PER SHARE GROWTH TO 235% TO 245%.FY2020 EARNINGS PER SHARE VIEW $4.94, REVENUE VIEW $70.63 BILLION -- REFINITIV IBES DATA.

Teamax Smart City Technology Expects To Swing To Net Loss Of 2.8-3.5 Bln Yuan In 2019

Wednesday, 22 Jan 2020

Jan 22 (Reuters) - Teamax Smart City Technology Corp Ltd <000662.SZ>::SAYS IT EXPECTS TO SWING TO NET LOSS OF 2.8-3.5 BILLION YUAN IN 2019 FROM NET PROFIT OF 150.9 MILLION YUAN ($21.86 million) YEAR EARLIER.

L'occitane Int'l Says In FY2020 Q3 Group's Net Sales Grew By 17.9% At Reported Rates

Tuesday, 21 Jan 2020

Jan 21 (Reuters) - L'Occitane International SA <0973.HK>::IN FY2020 Q3, GROUP'S NET SALES GREW BY 17.9% AT REPORTED RATES AND 15.2% AT CONSTANT EXCHANGE RATES.

Advance Nanotek Ltd Posts HY Profit Before Tax Of $4.8 MLN

Friday, 17 Jan 2020

Jan 17 (Reuters) - Advance Nanotek Ltd ::HY PROFIT BEFORE TAX OF $4.831 MILLION, 2.75 TIMES GREATER THAN PCP.HY SALES REVENUE $11.3 MILLION VERSUS $4.7 MILLION.ONCE BRISBANE LAB APPROVAL IS RECEIVED, EXPECTS ANNUALISED SAVING OF IN EXCESS OF $1 MILLION IN EXTERNAL TESTING COSTS.

Scandinavian Health Innovations Acquires Organic Inspirations

Tuesday, 7 Jan 2020

Jan 7 (Reuters) - Scandinavian Health Innovations AB (publ) ::COMPLETES ACQUISITION OF ORGANIC INSPIRATIONS AB.HAS TODAY COMPLETED ACQUISTION OF 630,000 CLASS-B SHARES AND 70,000 CLASS-A SHARES IN ORGANIC INSPIRATIONS AB.AFTER TRANSACTION, CO'S STAKE IN ORGANIC INSPIRATIONS AMOUNTS TO ABOUT 65% OF CAPITAL AND ABOUT 67% OF VOTING RIGHTS.

Madara Cosmetics As Q3 Turnover At EUR 2.7 Million, Up 16% YoY

Thursday, 14 Nov 2019

Nov 14 (Reuters) - MADARA Cosmetics AS ::Q3 TURNOVER AT EUR 2.7 MILLION UP 16% YOY.EXPECTS POSITIVE EFFECT ON FINANCIAL INDICATORS IN THE NEXT PERIODS AFTER LAUNCH OF PRODUCT IN SEPTEMBER.

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