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Heineken readies France production spend as Desperados demand grows

2018-11-01 11:02:00| Daily beverage news and comment - from just-drinks.com

Heineken is to invest EUR28.9m (US$32.7m) on increasing the production capacity at one of its French facilities, as demand for its Desperados Tequila-flavoured beer continues to rise in the country.

Tags: france production spend demand

 

Samsung Q3 profit grows on memory chip demand, offsetting lower smartphone results

2018-10-31 09:11:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics reported a strong increase in third-quarter results, led by sales of its memory chips and growing demand for OLED panels. This helped offset a decline in profits from smartphones, hurt by tough competition and soft demand. Samsung said it expects a slowdown in results in the fourth quarter as seasonality affects the components business. 

Tags: results lower memory samsung

 
 

US economy grows faster than expected

2018-10-26 15:01:31| BBC News | Business | UK Edition

Growth in the third quarter slowed, but not by as much as some had feared.

Tags: expected economy faster grows

 

Orange maintains outlook as revenues up 1% in Q3, EBITDA grows 3%

2018-10-25 08:32:00| Telecompaper Headlines

(Telecompaper) Orange reported strengthening growth rates in the third quarter, despite what the company termed "increasingly intense" competition in its main markets France and Spain. Revenues rose 1.0 percent to EUR 10.3 billion, and adjusted EBITDA was up 3.0 percent to EUR 3.7 billion. Orange said it was on track to achieve its full-year targets and grow further in 2019. 

Tags: orange outlook revenues maintains

 

China Mobile's 9-month profit grows 3%, revenue slightly declines

2018-10-23 09:08:00| Telecompaper Headlines

(Telecompaper) China Mobile posted operating revenue of CNY 567.7 billion for the first three quarters of 2018, which represents a decline of 0.3 percent year-on-year. Revenue from telecommunications services was CNY 518.4 billion, up by 0.6 percent over the same period last year. EBITDA was CNY 214.1 billion, up by 3.1 percent over the same period of 2017, while profit reached CNY 95 billion, up by 3.1 percent year-on-year.

Tags: china slightly profit revenue

 

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