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United Internet lowers FY outlook as mobile promotions, lower handset sales slow growth

2019-08-15 09:32:00| Telecompaper Headlines

(Telecompaper) German operator United Internet reported a drop in first-half earnings, to EUR 0.84 per share from EUR 0.91 a year earlier, hurt by a writedown of EUR 34 million on its stake in cable operator Tele Columbus. Revenues and EBITDA were slightly higher, as customer growth offset increased promotions in the mobile market, but the company lowered its full-year growth outlook, due to weaker hardware sales and costs for rolling out its mobile network and price cuts. United Internet said it's also preparing an IPO for its hosting business Ionos and negotiating a new wholesale deal for its telecom business. 

Tags: internet united sales mobile

 

Cisco Q4 results top expectations, sees slow Q1 sales

2019-08-15 08:36:00| Telecompaper Headlines

(Telecompaper) Cisco reported revenues for its fiscal fourth quarter to July up 6 percent year-on-year to USD 13.4 billion. However, the company warned that growth will slow in the first quarter to October, due in part to the US-China trade tensions.

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North American tooling industry continues to slow: report

2019-08-01 18:46:29| Canadian Plastics Headlines

North American capacity utilization at its lowest mark since 2016, the Q2 2019 Automotive Tooling Barometer Survey says. The post North American tooling industry continues to slow: report appeared first on Canadian Plastics.

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Sony trims FY sales outlook as CE, gaming sales slow

2019-07-30 10:55:00| Telecompaper Headlines

(Telecompaper) Sony reported sales down 1 percent to JPY 1.926 trillion in its fiscal first quarter to June, as a slowdown in Playstation sales and lower TV and smartphone sales offset the growth at its music and film activities. The company slightly lowered its outlook for full-year sales, to JPY 8.6 trillion from an outlook in April of JPY 8.9 trillion. 

Tags: sales sony slow gaming

 

NWRA Receives Award for Slow Down to Get Around Initiative

2019-07-15 10:00:00| Waste Age

The 2019 Power of A Silver Award from the American Society of Association Executives recognizes the hard work of NWRA's chapters, member companies and staff to fight for safer roads.

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