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Tag: q1
Novozymes sales of enzymes to the bioenergy industry increased by 34% in Q1
2014-04-25 14:30:23| Green Car Congress
Tags: in
sales
industry
increased
Tele2 grows mobile service revenue 3% in Q1
2014-04-25 09:07:00| Telecompaper Headlines
(Telecompaper) Tele2 reported first-quarter sales down 3 percent year-on-year to SEK 7.11 billion, as a contraction in its traditional fixed business offset expansion in the mobile sector. In addition, lower termination rates and the sale of its cable business in Sweden impacted results. Mobile service revenue still increased by 3 percent to SEK 3.60 billion, thanks to customer growth in markets such as the Netherlands and Kazakhstan and increased demand for data services. The mobile customer base grew by a net 68,000, while fixed broadband subscribers were down by 18,000 in the three months. The group's EBITDA was down 7 percent to SEK 1.38 billion, amid increased marketing spend to drive the mobile growth. Net profit rose 35 percent to SEK 475 million thanks to a capital gain of SEK 257 million booked in January on the sale of the Swedish cable business. While capex halved compared to a year earlier to SEK 963 million, cash flow was still a negative SEK 555 million. Tele2 said the focus going forward will be on driving mobile growth in the Netherlands and Kazakhstan, based on its profitable, data-centric model in Sweden. The company is still conducting a strategic review of its Norwegian operations.
Tags: service
mobile
revenue
grows
New drug sales help boost Novartis Q1 profit
2014-04-24 23:15:00| Biotech - Topix.net
The Jan. 29, 2014 file photo shows Novartis CEO Joseph Jimenez as he arrives for the annual balance press conference in Basel, Switzerland.
just On Call - Vietnam volume slip disappoints Heineken in Q1
2014-04-24 18:54:00| Daily beverage news and comment - from just-drinks.com
Heineken's CFO has admitted being disappointed at the group's first-quarter performance in one of its key markets, Vietnam, but said the company is still stealing marketshare in the country.
Tags: call
volume
vietnam
slip
MTN subscriber growth slows to 1.1% in Q1
2014-04-24 11:33:00| Telecompaper Headlines
(Telecompaper) MTN Group said it had signed up 210.07 million subscribers in 22 countries across Africa and the Middle East at the end of March, posting a 1.1 percent increase in its customer base compared to end-2013. The mobile operator added postpaid customers in its home market South Africa, but the total customer base there was down 3.7 percent in the three months, in part due to disconnection of inactive customers. In its largest market Nigeria, customer numbers were up just 0.8 percent, following a regulatory ban on Sim card sales in March. ARPU in local currency was down in most markets, with Iran, Syria and Ghana being notable exceptions. MTN said voice revenues remain under pressure, although this was offset somewhat by growth in mobile money and data services. Data revenues increased by 43.3 percent year-on-year and contributed 17 percent of total revenues, while mobile money customers were up 12.0 percent from a year ago to 16.6 million at the end of March. The operator did not report any further details on revenues. It said it remains focused on cost containment, as well as network development and infrastructure sharing.
Tags: growth
subscriber
q1
slows
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