latest news releases from the newsroom
Blyth, Inc. Reports Record 3rd Quarter Sales and Earnings
GREENWICH, Conn., Dec. 4, 2002 (PRIMEZONE) -- Blyth, Inc. (NYSE:BTH), a leader in the candles, home fragrance and giftware industry, reported today that third quarter Net Sales increased 16% to $362.2 million from $313.3 million for the third quarter of last year. Operating Profit increased 16% to $52.0 million for the third quarter compared to $45.0 million in the prior year period. Net Earnings for the third quarter were $30.5 million versus $25.9 million a year earlier, an increase of 18%. Diluted Net Earnings Per Share for the third quarter were $0.65 compared to $0.55 for the same period last year, an increase of 18%.
Metsa Tissue Oyj
Hannu Anttila Appointed CFO of Metsaliitto Group
HELSINKI, Finland, Dec. 4, 2002 (PRIMEZONE) -- Metsa Tissue Corporation's President and CEO Hannu Anttila (47) is to take over as Senior Vice President, CFO of the Metsaliitto Group during spring 2003, when Kari Haavisto, who currently holds the post, retires.
SDC Buys Back Shares in Danish WM-data SDC A/S
STOCKHOLM, Sweden, Dec. 4, 2002 (PRIMEZONE) -- Earlier today, it was announced that WM-data (Other OTC:WMDTF) and DMdata are initiating cooperation within IT operations in the Nordic region. As a result of this action, SDC is repurchasing 50% of the shares in the former jointly-owned Danish operating company WM-data SDC.