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KPN improves margin on lower sales, maintains FY outlook
2019-10-25 08:28:00| Telecompaper Headlines
(Telecompaper) Dutch operator KPN reported revenues down 1.8 percent to EUR 1.37 billion in Q3, while adjusted EBITDA improved 2.9 percent to EUR 599 million thanks to ongoing cost-cutting. The company showed growth in consumer multi-plays and some parts of the business segment, as well as in wholesale, while this was offset by lower revenues in legacy services, hardware and mobile services. Excluding one-time items, the net profit rose 32 percent to EUR 314 million.
Tags: sales
lower
outlook
margin
Ralph Lauren maintains FY view but warns on Hong Kong
2019-10-16 12:27:00| Daily apparel & textile news and comment - from just-style.com
US apparel giant Ralph Lauren Corporation has maintained its fiscal 2020 full-year revenue guidance in the wake of better-then-expected second-quarter, helped by strong demand in Asia - and especially China - but warned of "intensifying headwinds" in Hong Kong.
Huawei maintains sales growth in Q3, smartphone shipments up 26% year to date
2019-10-16 10:37:00| Telecompaper Headlines
(Telecompaper) Huawei maintained sales growth in the third quarter, despite the US ban on doing business with the company. The company reported revenues for the first nine months of 2019 up 24.4 percent year-on-year to CNY 610.8 billion, a small improvement from the 23.2 percent growth in the first half of 2019.
Colombia Court Maintains Moratorium On Fracking
2019-09-11 17:31:39| OGI
The decision by three magistrates from the Council of State, which is tasked with ruling on administrative matters, comes amid a larger case about the use of hydraulic fracturing, which breaks up rock formations with pressurized liquid.
Tags: court
colombia
maintains
moratorium
Telefonica maintains underlying growth in Q2, in line with outlook
2019-07-25 08:40:00| Telecompaper Headlines
(Telecompaper) Telefonica maintained underlying growth in its results in the second quarter and reiterated its outlook for a modest increase in results over the full year. Quarterly revenues rose 3.7 percent on an organic basis, and adjusted EBITDA was up 1.6 percent, similar to the performance in Q1.
Tags: with
line
growth
underlying
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