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Tag: q1
SFR revenue drops 5.8% to EUR 2.44 bln in Q1
2014-05-15 09:18:00| Telecompaper Headlines
(Telecompaper) French operator SFR had EUR 2.44 billion of revenue in the first quarter, down 5.8 percent on the first quarter of 2013, reports Vivendi, which classifies SFR as a discontinued operation since reaching an agreement to sell it to Numericable and Altice. SFR's decreased slowed in the first quarter, compared to a 7.1 percent decline in the last quarter of 2013. Retail revenues decreased by 8.9 percent to EUR 1.61 billion. The operator's total mobile customer base rose by 3.2 percent over a year to 21.29 million, including 18.02 million postpaid customers. In the first quarter alone, it decreased by 21,000. The broadband internet residential customer base grew by 43,000 in the first quarter, to reach 5.25 million. FTTH customers reached 221,000 and multi-pack customers grew by 528,000 in a year to 2.48 million at the end of March (47.3% of all broadband internet customers). SFR's EBITDA fell by 11 percent to EUR 625 million, a decrease softened by its transformation plan.
3W Power/AEG Power Solutions Reports Results for Q1 2014
2014-05-15 06:51:08| Semiconductors - Topix.net
AEG Power Solutions finished Q1 2014 with a 64.1 million of orders, a promising start to the new year, and a 45.4 million in revenue.
Tags: results
power
reports
solutions
US: Willamette Valley Vineyards bottom line takes hammering in Q1
2014-05-14 14:39:02| Daily beverage news and comment - from just-drinks.com
Willamette Valley Vineyards has reported a marked fall in net profits in its first quarter, with sales also slipping back.
Tags: line
takes
bottom
valley
GERMANY: Puma warns on FY as currencies hurt Q1
2014-05-14 13:59:00| Daily apparel & textile news and comment - from just-style.com
Sportswear firm Puma has warned of lower full-year earnings after volatile currencies and lower sales led to a double-digit drop in first-quarter profit.
Tags: germany
hurt
puma
currencies
Vimpelcom cuts outlook as revenues fall 10% in Q1
2014-05-14 09:19:00| Telecompaper Headlines
(Telecompaper) Vimpelcom lowered its full-year outlook after reporting a weak set of first-quarter results. The company now expects a low to mid single digit decline in revenue and EBITDA this year, after previously forecasting stable results. As a result, net debt will be around 2.4x EBITDA, versus an earlier target fo 2.3x. Capital expenditure is expected to remain high, at 21 percent of revenue excluding licences. In the first quarter, revenue fell 10 percent year-on-year to USD 5.02 billion, hurt by negative currency effects and the difficult market conditions in Ukraine. On an organic basis, revenue was down 6 percent in Russia, 7 percent in Italy and Ukraine, and 1 percent in Africa and Asia, while growing 3 percent in the CIS states. Vimpelcom said it expects market conditions to remain difficult this year in its two largest markets, Russia and Italy. Group EBITDA fell 11 percent to USD 2.09 billion, and net profit plunged to USD 39 million from USD 408 million a year ago. Vimpelcom increased capex 24 percent to USD 736 million in Q1, while operating cash flow fell 23 percent to USD 1.35 billion. The group's mobile customer base was still up 3 percent year-on-year to 218 million, and all the business units posted double-digit growth in data revenues.
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