A broad mix of family businesses have reported strong results, with Indian conglomerate Tata, drinks company Remy Cointreau, pen-maker Schwan-Stabilo and industrial firm Trumpf all seeing rises in sales.
In Asia, Tata, currently headed by family member and Indian business stalwart Ratan Tata, said its revenues for the year to March 2012 were $100.09 billion (€76.6 billion). The company saw a 20.1% rise in revenues to reach the $100 billion milestone for the first time.