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Tuesday, November 16, 2010

Law generally improved performance of large enterprises

According to the French "Tribune" recently reported that large-scale enterprises in France the third quarter report shows general improvement in its operating results have been published quarterly in the 36 large enterprises only two enterprises quarter of negative growth.

In the 36 large enterprises, the most eye-catching luxury goods industry growth, including Louis Vuitton Group and Paris in the spring quarter, Group sales revenue growth of more than 20% of the growth was mainly driven by emerging markets, especially the needs of Asian markets . In addition, a weak euro and the yen and other currencies also contributed to this growth.

The basic economic situation improved thanks to the auto industry business performed well. Among them, the Michelin Group's quarterly increase of 23.8%; PSA Peugeot Citroen Group updated its product line, positioning the small car market strategy, quarterly growth of 10.28%; Renault quarter less growth, but the more successful brand strategy and market positioning also contributed to increased performance of 7.43%.

Industrial Bank (601166, stock it), a French official said the third quarter of large companies was pleasantly surprised. He said the sales figures can be found by the French economic fundamentals are improving.


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