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Coach maintains guidance on Q1 growth
2016-11-01 13:28:00| Daily apparel & textile news and comment - from just-style.com
Coach Inc has maintained its full-year guidance as it revealed modest earnings and sales growth in its first-quarter, reflecting ongoing restructuring initiatives the luxury accessories business is undertaking.
Tags: growth
coach
guidance
maintains
Brazil maintains Better Cotton top spot
2016-10-28 15:48:00| Daily apparel & textile news and comment - from just-style.com
Brazil's cotton industry is looking to invest in advanced technology that offers both social and environmental benefits to growing the crop, as the country maintained its position as the largest source of Better Cotton globally last year.
Deutsche Telekom maintains FY growth outlook, Q2 sales up 2%
2016-08-11 08:15:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom reported second-quarter revenues up 2.2 percent year-on-year to EUR 17.8 billion, led by the customer growth at T-Mobile US. On an organic basis, adjusted for exchange rate effects, revenue increased by 3.9 percent. DT said its decision to reduce the low-margin handset distribution business in Germany took around 0.7 percent off revenue. Adjusted EBITDA increased by 8.6 percent to EUR 5.5 billion and rose 9.9 percent on an organic basis. The improvement in EBITDA was partially offset by higher depreciation and amortization, mainly as a result of the further roll-out of LTE and handset leasing the US. This led to a drop in net profit to EUR 621 million from EUR 712 million a year ago. Free cash flow fell 4.0 percent to EUR 1.3 billion, hurt by no more dividends from EE, and an increase of 3.5 percent in capital expenditure to EUR 2.664 billion, excluding spectrum. Deutsche Telekom said the positive development in the second quarter supports its guidance for the full year.
Tags: up
sales
growth
deutsche
Altice maintains outlook as revenue slide continues
2016-08-09 08:41:00| Telecompaper Headlines
(Telecompaper) Altice reported a continued slide in revenues in the second quarter, driven by weakness at SFR in France. Total revenues fell 2.6 percent year-on-year to EUR 5.828 billion, while French revenues dropped 4.3 percent to EUR 2.781 billion amid continued subscriber losses at SFR. Growth in the US as well as Portugal helped Altice's adjusted EBITDA increase 2.7 percent to EUR 2.265 billion, and the margin expanded by 2 percent points to 38.9 percent. Free cash flow fell 7.6 percent to EUR 1.157 billion on higher investment spending and a one-off payment for the joint venture in Israel. Altice reiterated its guidance for an improving trend in revenue this year at constant currency rates and mid-single digit growth in adjusted EBITDA in 2016.
Tags: continues
revenue
slide
outlook
Self-Storage Sector Maintains Steady Growth
2016-07-18 09:00:00| National Real Estate Investor
Demand is expected to hold steady as users grow accustomed to storing their goods. read more
Tags: growth
sector
steady
maintains
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