Conagra Brands Recalls Frozen Beef Products

Clarkson H1 Underlying Profit Rises

Clarkson (CKN.L) reported first half underlying profit before tax of 42.2 million pounds compared to 27.5 million pounds, prior year. Underlying earnings per share increased to 98.2 pence from 63.8 pence.

Reported profit before tax increased to 42.0 million pounds from 27.3 million pounds. Earnings per share was 97.8 pence compared to 63.3 pence.

Revenue increased to 266.7 million pounds from 190.1 million pounds.

The Board has declared an increased interim dividend of 29 pence per share.

Crackdown call on roaming loophole after Brexit

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He has called on telecoms regulator Ofcom and the Government to tighten the rules after some post-Brexit consumer protections expired on June 30. Firms no longer have to send customers a text message with pricing details when they begin roaming, operate a monthly cap on data roaming fees or provide protection against inadvertent roaming.

Some networks have reintroduced data roaming charges in Europe.

Mr Lewis said “I’ve no faith in mobile firms to self-regulate.” MONEYWATCH: PAGE 45

Page Group H1 Profit Climbs, Declares Dividends; Backs FY22 Outlook

PageGroup plc (MPGPF.PK,PAGE.L), a specialist professional recruitment company, reported Monday that its first-half profit before tax climbed 80 percent to 114.5 million pounds from 63.7 million pounds last year.

Earnings per share were 25.5 pence, up from 12.1 pence a year ago.

Revenue grew 27.5 percent to 977.3 million pounds from last year’s 766.4 million pounds. Revenues grew 28.1 percent at constant currency rates.

Further, the company announced an interim dividend of 4.91 pence per share, an increase of 4.5 percent over 2021. In addition, in line with the policy of returning surplus capital to shareholders, the company also announced a special dividend of 26.71 pence per share, same as last year.

Looking ahead, the company continues to expect fiscal 2022 operating profit to be in line with company compiled consensus of 206 million pounds.

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Q.beyond Q2 Net Loss Narrows, Revenues Rise – Quick Facts

German Cloud and ICT provider QSC AG (QSCGF) reported Monday that its second-quarter consolidated net loss narrowed to 3.1 million euros from last year’s net loss of 3.4 million euros.

EBITDA for the same period rose to 1.4 million euros from 1.2 million euros in the previous year.

Revenues grew 8 percent to 42.0 million euros from last year’s 38.8 million euros in a challenging environment.

New orders totaled 106.3 million euros in the first half of 2022, compared with 116.3 million euros in the previous year.

Looking ahead, q.beyond expects to see a strong second half of the financial year. Organic growth will be boosted in the second half by the package of various measures.

If these measures show their planned effects, q.beyond will still be able to reach its fiscal 2022 targets published at the end of March.

Including one acquisition in the energy sector, the company’s expectation was for revenues between 180 million euros and 200 million euros, and EBITDA between 8 million euros and 16 million euros for the full year.

Excluding the acquisition now called off and in view of the current business framework, revenues and EBITDA will be at the lower end of these forecast ranges.

q.beyond still plans for double-digit growth in its Cloud business, a significant increase in SaaS revenues and for the SAP segment to overcome the effects of the coronavirus pandemic.

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Bertrandt 9-month Total Revenues Up By Around 17%

Bertrandt AG (BDTG.DE) reported 9-month post-tax earnings surged to EUR 12.0 million from EUR 3.50 million last year.

EBIT increased to EUR 25.9 million from EUR 12.9 million in the prior year period.

Total revenues amounted to EUR 739.7 million, higher than the previous year’s revenue of EUR 631.0 million.

Bertrandt raised its forecast for total revenues in the 2021/2022 reporting year on July 27, 2022. The Group now forecasts strong growth in total revenues of between EUR 140 million and EUR 170 million versus its prior growth estimate range of EUR 100 million – EUR 140 million, to between EUR 990 million and EUR 1,020 million compared to the previously communicated range of EUR 950 million – EUR 990 million. The outlook for EBIT margin in fiscal 2021/2022 was confirmed at 4% – 7%.

What’s on TV This Week: ‘The Princess’ and ‘Password’

HBO airs a new documentary on the life and death of Princess Diana. And NBC brings back a game show.

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Conagra Brands Recalls Frozen Beef Products

Conagra Brands, Inc. is recalling around 119,581 pounds of frozen beef products due to misbranding and undeclared egg, a known allergen, the U.S. Department of Agriculture’s Food Safety and Inspection Service or FSIS announced.

The frozen beef products are labeled as beef and broccoli but contain orange chicken.

The product subject to recall involves 22-oz. plastic bag packages containing “P.F. CHANG’S HOME MENU BEEF & BROCCOLI” with lot code “5006 2146 2012” and “BEST BY MAY 21 2023”. They bear establishment number “P115”.

These items were produced on May 26 and May 27, 2022, and shipped to retail locations nationwide.

The affected product impacts only the P.F. Chang’s Home Menu Beef & Broccoli product, and does not include any product sold at P.F. Chang’s restaurants.

The recall was initiated after the producing establishment notified FSIS that it received two consumer complaints that the beef and broccoli package contained a chicken-based product.

The product contains egg, which is not declared on the product label.

However, the Russellville, Arkansas -based company has not received any confirmed reports of adverse reactions due to consumption of these products to date.

FSIS is concerned that some product may be in consumers’ freezers, and urged them to throw the products away or return to the place of purchase.

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