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Tag: q1
Telefonica Spain sales inch up as OIBDA rises 2% in Q1
2016-04-29 08:25:00| Telecompaper Headlines
(Telecompaper) Telefonica's Spanish unit (Telefonica Espana) reported revenues of EUR 3.13 billion in the first quarter of 2016, up 0.2 percent on an organic basis compared to the year-earlier result of EUR 2.88 billion and the company's third consecutive quarterly growth. The operator said its operating income before depreciation and amortization (OIBDA) came to EUR 1.27 billion, up 2.0 percent compared to a year earlier and the first simultaneous revenue and OIBDA rise since the third quarter of 2008. The company's commercial activity was again driven by its Movistar Fusion+ convergent plans, with new tariffs and price changes mainly affecting fixed broadband services and mobile contract. Total accesses stood at 41.7 million at the end of the quarter, down 2 percent on an organic basis year on year, of which 28.1 million were consumer accesses, also down 2 percent. However, fibre accesses were up 235,000 in the January to March period, taking the fibre base to 2.5 million and representing 41 percent of total fixed broadband accesses, up 15 percentage points in a year.
America Movil net profit falls 42% in Q1
2016-04-28 11:01:00| Telecompaper Headlines
(Telecompaper) America Movil reported a drop in first-quarter results, hurt by currency effects and the economic slowdown in Latin America. Revenues of MXN 223 billion were up just 1.4 percent year-on-year. Service revenues increased 0.3 percent in local currency and declined 1.1 percent at constant exchange rates. Fixed-broadband and pay-TV revenues led the growth, increasing 7.9 percent and 5.9 percent at constant exchange rates. EBITDA of MXN 61.7 billion was down 9.6 percent in local currency and 8.8 percent lower at constant exchange rates. Operating profit fell 25.6 percent in local currency terms, reflecting both the EBITDA reduction and a 10.3 percent increase in depreciation and amortization charges. The company obtained a net profit of MXN 4.8 billion in the quarter, down from MXN 8.3 billion a year ago.
Tags: net
america
falls
profit
Adidas ups FY outlook on strong Q1
2016-04-27 13:36:00| Daily apparel & textile news and comment - from just-style.com
Adidas has upped its full-year outlook after strong brand momentum contributed to a better than expected first-quarter for the German sporting giant.
Tags: strong
ups
outlook
adidas
Telenor grows organic revenue 1.5% in Q1
2016-04-27 08:48:00| Telecompaper Headlines
(Telecompaper) Telenor reported organic revenue growth of 1.5 percent in the first quarter and maintained its outlook for 2-4 percent growth over the full year. First-quarter revenues totaled NOK 33.0 billion, up from NOK 31.4 billion a year earlier as mobile subscription and traffic revenue growth of 6 percent offset lower handset sales and declining revenues from fixed legacy products. Telenor added 5.4 million new mobile subscribers in the quarter, of which 2.2 million in Pakistan, 1.8 million in Myanmar and 1.5 million in India. The total customer base reached 208 million. Adjusted EBITDA rose to NOK 11.7 billion from NOK 10.8 billion, driven by improvements in Myanmar and Bangladesh and positive currency effects. The margin improved one percentage point to 35 percent, ahead of the full-year target of 33-34 percent. Net profit increased to NOK 4.3 billion from NOK 3.9 billion a year ago.
Tags: revenue
organic
grows
q1
Orange grows underlying revenue 0.6% in Q1
2016-04-26 08:10:00| Telecompaper Headlines
(Telecompaper) Orange reported a third consecutive quarter of revenue growth in Q1, driven by improving results in Spain, Belgium and Africa. Reveneus for the three months totalled EUR 10.009 billion, up 0.6 percent on a comparable basis and 3.5 percent higher on a reported basis. Orange reported adjusted EBITDA down 1.6 percent on a comparable basis to EUR 2.569 billion. Excluding the impact of an employee shares programme, Orange said the result was up 0.3 percent. The company maintained its outlook for growth in full-year EBITDA. Capital expenditure rose 10.4 percent year-on-year to EUR 1.457 billion or 14.6 percent of revenue, in line with the increased investment planned under the Essentiels2020 programme.
Tags: orange
revenue
underlying
grows
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