family roundup: Hermes, Maersk and Toyota show good results, while Louis Dreyfus sees a decline

The automotive media and design are. Family businesses around the world a significant growth in sales and earnings, with the Moller-Maersk Group, BMW and all MasTec reports good results But things are not as bright under family control products trader Louis Dreyfus look. Louis Vuitton Monogram Purses Published in its first earnings per 14th November, said Louis Dreyfus Commodities, the commercial arm of the Louis Dreyfus Group and one of the main families of Europe, its net profit for the six months to June fell 20% to $ 356 million (€ 279.5 million), representing a decrease of $ 448 million for the same period in 2011. Revenue fell to $ 27600000000 versus $ 29,300,000,000th The Dutch group, controlled by a family member of Margarita Louis-Dreyfus, accused the results on higher costs to its Brazilian sugar unit. However told my European family Hermès, known for its silk and crises Birkin bags, an increase in sales. Sales rose 24.2% at current exchange rates to € 848.6 million in the third quarter, while sales in the first nine months amounted to € 2.4 billion - an increase of 22.7%. In a press release dated 8 November the company 175 years, the. About 70% controlled by the descendants of founder Thierry Hermès is a particularly strong sales in ready-to-wear division AP Moller-Maersk Group, the world leader of the expedition, also made a strong set of results for the third quarter with a net profit 5.6 billion kronor (€ 750.8 million) - up 191% from 1.92 billion years Danish crowns. The increase in earnings was largely credited to a timely resolution of a tax dispute. In the third quarter, sales in the Copenhagen-based group by 8% to DKK 87.2 billion. Controlled by the family Mc-Kinney M?ller, the group planned its annual profit of $ 3.7 billion slightly above the 2011 result. German automaker BMW is controlled by the Quandt family, also had a good third quarter. Sales increased by 13.7% to € 18.82 billion, with a net profit up 16% to € 1.29 billion euros. For the nine months ended 30 September, revenue and net income increased by 11.6% and by 16% to € 56.3 billion and € 1.3 billion. The Munich-based company credited strong gains on the sales of its cars BMW, Mini and Rolls-Royce. "We have a record of performance in terms of revenue, income before taxes and net income, Group share," said the chairman Norbert Reithofer said in a statement. Overseas, the media conglomerate News Corp. Rupert Murdoch looked out, profits tripled to more than $ 2230000000 for the first quarter - to $ 738 million a year ago. In a statement last week, the group said the increase is. Partly due to the sale of its stake in the software company NDS The company's sales rose slightly to $ 8140000000 to 7960000000 in 2011. Meanwhile, the family managed telecommunications and construction firm MasTec had a record quarter, with sales reaching $ 1100000000 third - an increase of $ 816 million - while operating profit was $ 101 million compared to $ 77 million for the same period in last year. The company, which is controlled by the family farmhouse has announced its intention to sell their municipal wastewater and business that has struggled in recent years. But in Canada, two family appears less positive results. Train and plane maker Bombardier said its revenue for the three months ended 30 September fall, albeit slightly. Around $ 4300000000 from $ 4.6 billion a year earlier However, net income was $ 212 million versus $ 192 million. Similarly, controlled by the Saputo family dairy company increased its sales slip 2.6% to $ 1.7 billion CAN. (€ 1.4 billion) from C $ 1.79 billion, due to a slowdown in global sales However, half of the weakening of the Canadian dollar against the U.S. dollar to increase profits by 2% to $ 129.7 million CAD. The Montreal-based company, which last year appointed a non-family member as chairman of the group, the processor is the world's 12th largest dairy with more than 10,200 employees. In addition, Toyota Japan posted strong results on 5 November after a difficult 2011th Revenues for the second quarter jumped 18.2% to 5.4 billion yen (€ 53 billion), while operating profit tripled to ￥ 257.9 billion - an increase of 220% credited with the recovery from the earthquake. Revenue in the six months to 30 September rose 36% to 10.9 billion yen. But the company, which is controlled by members of the Toyoda family, announced a global recall of 2.7 million cars, November 14, due to problems with the steering and water pump - which could hit the next quarter. Finally, warned by the family Chow Tai Fook, which had a turnover of HK $ 35040000000 (3540000000 €) checked in the past year, that the profits for the six months to September were lower than last year due to an increase in the gold price.