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Tag: q1
Delta Galil reaffirms FY on higher Q1 sales
2016-05-16 16:42:00| Daily apparel & textile news and comment - from just-style.com
Israel-based lingerie, sleepwear and sock manufacturer Delta Galil has reaffirmed its full-year guidance as it revealed first-quarter results in line with expectations thanks to investments made in 2015 to improve the business.
Telecom Italia ups cost-cutting target as Brazil drags down Q1 numbers
2016-05-16 02:00:00| Total Telecom industry news
Italian incumbent aims to record 1.6 billion in capex, opex savings by end-2018; names new TIM Brasil CEO.
Tags: numbers
target
italia
brazil
Oi revenues down 4% to BRL 6.8 bln in Q1
2016-05-12 16:33:00| Telecompaper Headlines
(Telecompaper) Brazilian operator Oi reported first quarter net revenues of BRL 6.76 billion, down 4.4 percent year on year, impacted by MTR cuts, increased competition resulting form the ongoing economic recession and costs related to a debt it's in the process of restructuring. EBITDA fell 12.6 percent to BRL 1.69 billion, due above all to lower revenues, while the company's net loss widened to BRL 1.64 billion from BRL 469.9 million a year earlier. Capex increased 22.3 percent year on year to BRL 1.20 billion in the quarter, focusing mainly on network modernisation as part Oi's transformation plan to support recently-launched offers and improve customer experience. Oi also announced that its debt was BRL 49.4 billion at the end of the first quarter, down from BRL 54.9 billion, with almost 80 percent held in foreign currencies.
One-offs pull on profits but sales rise for Coca-Cola Bottling Co Consolidated in Q1
2016-05-12 15:02:00| Daily beverage news and comment - from just-drinks.com
Coca-Cola Bottling Co Consolidated has seen its territory expansion programme hamper the bottom line but boost sales in the first quarter.
Altice revenues fall 2.7% in Q1
2016-05-11 08:31:00| Telecompaper Headlines
(Telecompaper) Altice reported a fall of 2.7 percent in first-quarter revenue to EUR 4.260 billion, hurt by weakness in its main market France. Revenues were down 6.1 percent to EUR 2.573 billion at SFR in France, while its new US business Suddenlink recorded 9.0 percent higher sales at EUR 570 million. The other international activities grew by 1.3 percent to EUR 1.138 billion. Altice said revenue trends were improving on a sequential basis and it still expects to meet its outlook for 2016 of an improving trend in group revenue on a constant currency basis, mid-single digit growth in adjusted EBITDA and flat to slightly lower operating free cash flow due to accelerated investments. Group adjusted EBITDA was up 0.9 percent in Q1 to EUR 1.615 billion, and operating free cash flow increased 1.1 percent to EUR 899 million.
Tags: fall
revenues
q1
revenues fall
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