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A mid year profit warning with full year results only barely meeting the revised guidance is trickier to explain away Last year the price of Parmalat s key inputs soared as did many other commodities Overall the company s raw material costs rose by around 10% though for inputs in some markets the increase was 100%

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LONDON — Luxury goods maker Burberry Group PLC said Wednesday that sales of its signature trench coats and other outdoor wear led a 26 percent gain in full year profit Burberry reported that net profit for the year ending March 31 was million pounds $415 million up from million pounds a year earlier but still just short of