Operating Margin

How Adobe Became Silicon Valley’s Silent Reinventor

October 16, 2021 BY SILICON VALLEY standards, Adobe is a lackluster company. Nudging 40 he’s middle aged. He doesn’t grab the headlines with mega-mergers or have a boastful CEO. “I feel very comfortable not being over there banging my chest,” admits her boss, Shantanu Narayen, in a rare interview. All …

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Wipro Q2 results: Net profit up 18.9% to Rs 2,930 cr

Information technology giant Wipro on Wednesday announced an 18.9% year-over-year increase in its consolidated net profit for the July-September quarter to rupees 2,930 crore. The company had reported a net profit of Rs 3,248 crore in the previous June quarter. Wipro’s operating income increased 30.1% year-on-year to Rs 19,667.4 crore …

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Marico Note – Buy: Demand improved during the quarter

While copra prices have corrected sequentially, Marico has yet to initiate a price cut. Marico’s pre-quarterly T2FY22 update indicated improving demand trends, with a visible recovery in discretionary and out-of-home consumption (value-added hair oils, premium personal care, digital brands) with a increasing consumer mobility. The volatility of edible oil prices …

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Why buy Kalpataru Power shares

The government’s big push on infrastructure development, backed by a planned asset monetization pipeline, has spurred interest in infrastructure companies. In this context, those who rely on solid balance sheets, large and diversified order books and a solid execution history are well placed to participate in the growth of the …

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Conagra stays on track with profit plan | 2021-10-08

CHICAGO – Despite a complex operating situation, Conagra Brands, Inc. delivered a strong first quarter revenue performance driven by strong demand, strong branding investments and justified pricing actions by inflation. Conagra Brands’ net income for the first quarter ended Aug. 29 was $ 235.4 million, or 49 per share on …

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Saint-Gobain sets new financial objectives

By Ed Frankl Compagnie de Saint-Gobain SA unveiled its 2025 targets on Wednesday by launching a new strategic program. The French construction company said it is targeting annual organic sales growth of 3% to 5% from 2021 to 2025 and an operating margin of between 9% and 11%. Saint-Gobain has …

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