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Tag: h2
California makes first investments in $100M energy research & development program; also biogas and H2
2014-12-11 11:55:33| Green Car Congress
Tags: and
research
development
program
Analysis - Heineken soaks up praise despite H2 clouds
2014-08-21 16:40:48| Daily beverage news and comment - from just-drinks.com
There was a general thumbs up from analysts in the wake of Heineken's H1 results yesterday. But while many praised the brewer's strong volumes increases, there was concern over what may well be a more difficult second half to the year.
Tags: analysis
praise
clouds
h2
Nokia Q2 results still lower, sees better H2
2014-07-24 08:43:00| Telecompaper Headlines
(Telecompaper) Nokia reported lower sales and operating profit in the second quarter, but said its main Networks division should do better over the full year. In the first quarter since the sale of its handset business, Nokia posted revenues of EUR 2.94 billion, down 7 percent from a year earlier on a pro forma basis. Adjusted operating profit fell 19 percent to USD 347 million, while the net loss narrowed slightly, to USD 0.01 per share from USD 0.02. Nokia Networks achieved an adjusted operating margin of 11.8 percent, and Nokia said it now expects the division to exceed its long-term target of 5-10 percent this year. Networks should also return to revenue growth in the second half of the year. Total profit was still down at the networks division in Q2, to EUR 281 million from EUR 328 million a year ago, and net sales dropped to EUR 2.6 billion from EUR 2.8 billion. Excluding currency effects and divestments of non-core businesses, sales at Nokia Networks would have increased 1 percent year-on-year. Nokia otherwise benefited from increased licence revenue from Microsoft nthe quarter, as well as the proceeds from the handset sales. This left the company with net cash of EUR 6.5 billion at the end of June. It also paid off EUR 1.5 billion in convertible bonds from Microsoft and EUR 950 million in Nokia Networks debt, leaving it with no remaining financial covenants.
Tags: results
lower
nokia
sees
ARM sales growth slows in Q2, sees better H2
2014-07-22 08:41:00| Telecompaper Headlines
(Telecompaper) ARM Holdings reported a slowdown in revenue growth in the second quarter, due to seasonal trends and inventory management in the industry. Revenues were up 17 percent year-on-year to USD 309.6 million, while its adjusted operating margin improved to 48.9 percent from 48.6 percent a year ago. Licensing led the growth in revenue, up 42 percent to USD 146.1 million, after the company signed 41 new licences in the quarter. Royalty revenue was unchanged at USD 135.3 million. On a statutory basis, revenues rose 9 percent to GBP 187.1 million, and the margin increased to 34.9 percent from 7.4 percent a year earlier, after the company took a one-time charge for certain IP in the year-earlier period. Pretax profit jumped to GBP 68.0 million from 15.0 million, and EPS increased to 3.91 pence from 0.75. The results included a restructuring charge of GBP 8.4 million after a "review of the skills and capabilities across the business" led to the loss of 130 people from the company during the quarter. ARM's order backlog was down around 10 percent compared to the first quarter, but the company said it expects the licensing opportunities, especially for its next-generation processors, to pay off in a higher backlog in the second half of the year. Improving semiconductor market conditions should also lead to increased royalty revenue on the second half. The company will increase its interim dividend by 20 percent to 2.52 pence per share.
UPDATE: SWEDEN: Continued margin contraction likely for H&M in H2
2014-06-18 11:43:00| Daily apparel & textile news and comment - from just-style.com
While headline numbers for H&M in its second-quarter are above consensus expectations, analysts believe the second half outlook for the fashion retailer is "significantly more difficult" with continuing margin contraction likely.
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update
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sweden
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