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Vodacom Group H1 revenue grows 6.4%, EBITDA increases 13%
2015-11-09 08:43:00| Telecompaper Headlines
(Telecompaper) Vodacom Group reported 6.4 percent increase in its revenue for six months ended 30 September to ZAR 39.96 billion. Group EBITDA rose 13.0 percent year-on-year to ZAR 14.7 billion, and the margin was up 2.1 percent points to 36.7 percent. Group operating profit increased 7.8 percent to ZAR 10.17 billion, mainly due to EBITDA growth, partly offset by higher depreciation and amortisation. Capital expenditure rose to ZAR 6.22 billion from ZAR 5.88 billion in 2014, driven by rapidly expanding LTE coverage and increasing speeds. Headline earnings per share were up 6.0 percent to ZAR 4.40. The group declared a ZAR 3.95 interim dividend per share, up 5.3 percent from a year ago. Vodacom said its markets continue to be highly competitive, and regulatory and macroeconomic risks remain. EBITDA growth will not likely be sustained at the high rate of 13 percent in the second half. The second half will carry high costs for publicity and network and capability development in fibre and content. Year-over-year growth will be impacted by the stronger performance in the second half of last year where profitability stepped up as a result of efficiency initiatives. Also, there is a further reduction in MTR in South Africa from October, which will have a slightly negative effect on Vodacom's margin in the second half.
Tags: group
increases
revenue
grows
Poor air quality increases patients' risk of heart attack
2015-11-08 22:02:00| Climate Ark Climate Change & Global Warming Newsfeed
ScienceDaily: People with heart disease face an increased risk of a serious heart attack during poor air quality days, according to a major new study presented today at the American Heart Association Scientific Session in Orlando. The study of more than 16,000 patients by researchers at the Intermountain Medical Center Heart Institute in Salt Lake City examined patients who had suffered three types of heart attacks -- STEMI, non-STEMI, and unstable angina -- to identify which type of heart attack was more likely...
Topeka Capital Markets Increases Microsemi Price Target to $45.00
2015-11-08 14:22:20| Semiconductors - Topix.net
The brokerage currently has a "buy" rating on the stock. Topeka Capital Markets' price objective points to a potential upside of 16.40% from the stock's current price.
Tags: price
capital
target
markets
SunTrust Research Analysts Increases Earnings Estimates for NRG Energy
2015-11-07 20:51:07| Energy - Topix.net
Equities researchers at SunTrust boosted their FY2015 earnings per share estimates for NRG Energy in a note issued to investors on Thursday, according to Zacks Investment Research . SunTrust analyst A. Agha now forecasts that the firm will post earnings of $0.77 per share for the year, up from their prior forecast of $0.75.
Tags: research
energy
increases
estimates
Trim Plate increases medical gas outlet reliability.
2015-11-05 14:31:06| Industrial Newsroom - All News for Today
Supporting up to 15 lb, Series B Outlet Hook Trim Plate takes unnecessary loads off medical gas outlets and equipment to help ensure consistent delivery of gas. Retractable hook design simplifies set-up without damaging equipment or medical gas outlet. Biomaster bacterial and mold growth reduction additive ensures protection for lifetime of product, which can be installed with any Series B or similar medical gas outlet in new construction facilities or used to replace existing dress frames.
Tags: medical
gas
increases
outlet
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