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Tag: grows
Cisco Q3 revenues up 5.1%, net profit grows 11.7%
2015-05-14 08:31:00| Telecompaper Headlines
(Telecompaper) Cisco reported revenues for its fiscal third quarter to April of USD 12.1 billion, up 5.1 percent from a year earlier. The data centre segment showed the strongest growth, with revenues up 21 percent to USD 801 million. Wireless sales rose by 9 percent to USD 611 million, security was up 14 percent to USD 412 million, and collaboration products increased revenue 7 percent to USD 973 million. Cisco's main products, switches and routers grew revenue by respectively 6 and 4 percent in Q3. The company's gross margin reached 62.5 percent, down slightly from 62.7 a year ago. Net profit rose 11.7 percent year-on-year to USD 2.4 billion or 47 cents a share. Operating cash flow fell to USD 3.0 billion from USD 3.2 billion a year ago, and Cisco ended the quarter with total cash of USD 54.4 billion, up from USD 53.0 billion at the end of 2014. The company reported product orders up 2 percent year-on-year in the quarter, led by by 7 percent growth in the enterprise and public sector markets and a 6 percent increase in the commercial sector. The service provider remained weak, with orders down 2 percent from a year earlier. Cisco said the US enterprise and public sector orders were particularly strong, growing respectively 21 and 10 percent. Orders in the EMEA region grew just 2 percent, and the APJC region returned to growth, with a 1 percent increase.
Tags: net
profit
revenues
cisco
California Builders Prepare Future Water Needs As Population Grows
2015-05-13 22:34:00| Climate Ark Climate Change & Global Warming Newsfeed
National Public Radio: Under the growing burden of drought, California is struggling to supply enough water to all of the people currently living there. The state is also working on ways to ensure water for millions more residents expected to live there in the future. AUDIE CORNISH, HOST: The drought in California means the state is struggling to get enough water to all of the people who live there. It's also trying to ensure water for the millions more expected to live there in the future. In a moment, how Santa...
Tags: future
water
california
population
AkzoNobel Grows its Agrochemical Portfolio in China
2015-05-13 07:00:00| Coatings World Breaking News
Tags: china
portfolio
grows
agrochemical
Altice grows Q1 EBITDA 20% on French synergies
2015-05-12 09:04:00| Telecompaper Headlines
(Telecompaper) Altice reported first-quarter revenues down 3.3 percent year-on-year to EUR 3.263 billion, pro forma for its takeovers in France and the Dominican Republic. Revenue in its main market France fell 4.7 percent to EUR 2.737 billion, and revenue elsewhere was up 4.9 percent to EUR 527 million. EBITDA increased 20 percent to EUR 1.177 billion, as the company reaped the synergies of merging Numericable and SFR in France. It also benefited from expansion in the Dominican Republic and mobile growth in Israel. The EBITDA margin expanded by 6.9 percent points to 36.1 percent. Operating free cash flow increased 12 percent to EUR 645 million, while group capex was up 31 percent to EUR 531 million due to increases in France, Israel and the Dominican Republic. Since the end of the first quarter, Altice completed the buy-out of Numericable-SFR. It also said it expects to complete the takeover of PT Portugal by the end of May. For the full year 2015, the company targets pro forma adjusted EBITDA of at least EUR 2 billion and capex in the high teens as a percentage of revenues. The medium-term target is to reach an adjusted EBITDA margin of 50 percent.
Tags: french
grows
synergies
ebitda
Belgacom grows revenues, customer base in Q1
2015-05-08 09:43:00| Telecompaper Headlines
(Telecompaper) Belgacom reported first-quarter underlying sales of EUR 1.479 billion, up 5.5 percent from a year earlier. Revenues from core activities increased 3.3 percent, and group EBITDA rose 3.8 percent year-on-year to EUR 423 million. Capital expenditure was up 26 percent to EUR 227 million, driven by the roll-out of LTE, which reached 94.9 percent outdoor population coverage and 77.2 percent indoors at the end of March. Belgacom said it had very strong operational results in the quarter, strengthening its market share to 45.4 percent in internet and 33.9 percent for digital TV. The Belgian operator maintained its outlook for 2015 results. Consumer revenues were up 5.3 percent to EUR 711 million, with EBITDA of EUR 354 million. The enterprise unit posted turnover of EUR 392 million, up 2.2 percent, and the wholesale international division BICS grew by 11.9 percent to EUR 357 million.
Tags: customer
base
revenues
grows
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