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haniel

May 1, 2012

Full-year profits have halved at Haniel, the German conglomerate controlled by the Haniel family, but two family businesses in North America and Asia have fared slightly better.

Full-year profits have halved at Haniel, the German conglomerate controlled by the Haniel family, but two family businesses in North America and Asia have fared slightly better.

Duisburg-based Haniel, which has stakes in firms such as pharmaceutical company Celesio and retailer Metro Group, said on 30 April that its pre-tax profit dropped 50% in 2011 to €390 million, from €620 million one year earlier.

August 3, 2010

The worldwide recovery in consumer spending helped to bolster the earnings of Metro AG, one of the world’s biggest family-controlled retailers.

The worldwide recovery in consumer spending helped to bolster the earnings of Metro AG, one of the world's biggest family-controlled retailers.
 
Metro reported earnings before interest and tax for the six months to the end of June rising to €369 million, from €302 million a year ago. Sales rose 2.4% to €31.2 billion. Non-family chief executive Eckhard Cordes said in a statement that Metro plans to rise capital spending to €2.1 billion in 2011, up from €1.9 billion this year.
 

April 29, 2008

Haniel – the family-owned diversified German group – has announced a new strategy that is to focus on trading and services.

Haniel – the family-owned diversified German group – has announced a new strategy that is to focus on trading and services. The group is currently active across a wide range of industries from Europe's leading drugs wholesaler to the recycling of raw materials for the steel industry. However, the group's production sector looks set to be jettisoned.

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