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Tag: grows

BSkyB grows revenue 6% to GBP 1.93 bln in 1st fiscal quarter

2014-10-16 09:20:00| Telecompaper Headlines

(Telecompaper) Pay TV and broadband operator BskyB (Sky) reported revenue up 6 percent to GBP 1.93 billion in its fiscal first quarter to 30 September, compared with GBP 1.82 billion in the year-earlier period, as it added 51,000 new retail customers to take the total to 11.5 million. The revenue increase benefited from one month's price rise in September and a growing contribution rom transactional revenue, with Sky Store revenue up 125 percent. Wholesale revenue increased by 9 percent to GBP 105 million in the fiscal first quarter from GBP 96 million a year earlier. Advertising revenue increased by 6 percent to GBP 108 million from GBP 102 million, due to its rising market share and a first time contribution from AdSmart. The top line growth translated into higher profits, with EBITDA rising 6 percent to GBP 417 million. Operating profit increased by 11 percent to GBP 316 million from GBP 285 million. Net profit reached GBP 608 million, including a GBP 429 million gain from the sale of a 6.4 percent stake in ITV, compared to GBP 245 million in the first quarter of the last fiscal year. EPS grew by 8 percent to GBP 0.141 from GBP 0.13 over the same period.

Tags: 1st quarter fiscal revenue

Demand Grows for Electronic Data Interchange in India

2014-10-14 15:40:20| Jewelry - Topix.net

To combat cumbersome tax related issues in India, including the reimbursement of service tax wherever applicable, the gems and jewelry industry has been vocal on the need for wider acceptance of Electronic Data Interchange facilities for hassle-free exporting and fast reimbursements of duty draw back. Recently, the Gem & Jewellery Export Promotion Council requested such a system for the Surat Hira Bourse customs house.

Tags: data electronic india demand

Lemonis Grows AutoMatch; 'The Profit' to Open

2014-10-14 00:05:38| Mobile Homes - Topix.net

Marcus Lemonis, chairman and CEO of Camping World Inc. and Good Sam Enterprises, and host of CNBC's The Profit , announced the opening of the third pre-owned auto dealership, AutoMatch USA, in Fort Myers, Florida. According to a news release, the first location opened in Chicago in January 2014 and was featured on the hit CNBC reality series, The Profit .

Tags: open profit grows profit grows

Number of UK wine producers grows

2014-10-13 00:58:28| BBC News | Business | UK Edition

The number of new wine producers in the UK rises sharply, according to new research, on the back of consumer interest in local produce.

Tags: number wine producers grows

PepsiCo's India revenue grows in double digits

2014-10-12 22:34:38| Beverages - Topix.net

PepsiCo India's revenue grew in double digits for nine months ended September 6, 2014 making the country amongst the fastest growing emerging markets for the global beverages and snack giant. "Our developing and emerging markets business has proven to be resilient with high single-digit organic revenue growth year-to-date, including double-digit growth in Egypt and India," PepsiCo Inc Chairman and CEO Indra Nooyi said in an earnings call.

Tags: double india revenue grows

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