GrandVision, owner of eyewear chains Pearle and Eye Wish, has been hit hard by the corona crisis in the past year. The group even had to close the financial year with a loss.
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Greenyard continued its growth unabatedly in the third quarter of its broken financial year. The fruit and vegetable business is optimistic about the future and continues to work on reducing its debt.
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Due to the corona crisis, AB InBev sold significantly less beer in 2020. Profits also decreased significantly. Nevertheless, the brewer was able to grow again in the second half of the year.
French retail group Casino performed better than expected last year: thanks to the corona crisis, sales at convenience stores and e-commerce rose sharply. But trading profit is also on the rise, and debts are being reduced further.
Reckitt Benckiser recorded its highest ever sales growth last year, thanks to Dettol and the coronavirus. The group is now reviewing its brand portfolio to maintain the momentum: Scholl is already on its way out.
Electronics group Fnac Darty, also the owner of Vanden Borre, benefited from a strong online year in 2020 and wants to hold on to that applying a new strategic plan. In Belgium, for instance, they will launch a subscription service for repairs.
Danone acquired the American plant-based food manufacturer Earth Island for an undisclosed sum. The French food giant also published its annual results today.
Handbag brand Hermès saw its sales drop by 7.2 per cent last year. However, the label managed to set an impressive growth track: by the fourth quarter, sales in Southeast Asia had already increased by 43 per cent.
Walmart recorded a strong increase in sales during the Covid crisis, but unfortunately, it was unable to convert this growth into profit. The American retailer also worries about a meagre 2021, when the Covid measures are expected to phase out.
With a comparable turnover growth of 7.8% last year, Carrefour says it realised its best performance since at least twenty years. In Europe, Belgium and Spain are among the best performers. Higher costs, however, put pressure on net profits.
Gucci is causing luxury group Kering worries: Christmas sales were below par, especially compared to competitors such as LVMH. Is the brand with the capital G's, who is celebrating its centenary just this year, in bad shape?
After a particularly strong fourth quarter, in which sales rose by 18 per cent, Ahold Delhaize rounds off the full-year 2020 with double-digit sales growth. The strong online performance is striking: bol.com is also breaking records. However, net profits declined.
US food giant PepsiCo recorded a rebound in the final quarter after a low point at the start of the pandemic. Just like its rival Coca-Cola, the company is counting on a successful vaccination campaign to fuel its growth in 2021.
Coca-Cola expects to return to organic growth this year after a very tough 2020. The beverage giant is counting on the global rollout of vaccines to ensure that consumers can soon enjoy cinema visits and sporting events again.
German retail group Metro sees a light at the end of the Covid tunnel. The company is sticking to its targets for the current 2020/21 financial year, but the trajectory is changing slightly.
Heineken is letting go of 8,000 employees, representing around 10 per cent of the entire workforce. After all, the brewing giant still expects little recovery from the Covid crisis in 2021.