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Tag: growth forecasts
JD.com forecasts growth amid "solid" Q1
2020-05-19 11:56:00| Daily apparel & textile news and comment - from just-style.com
Chinese retail giant JD.com has booked "solid" earnings and sales in its first-quarter, thanks to an increase in user engagement and the addition of new brands, and is forecasting growth in its next quarter.
Tags: growth
solid
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amid
Telenor forecasts slower growth ahead after solid Q1 results
2020-04-28 08:47:00| Telecompaper Headlines
(Telecompaper) Telenor reported higher first-quarter results, supported by its takeover of DNA in Finland and organic growth. However, the Covid-19 pandemic started to weigh on the company's results late in the quarter, and the operator now expects slower growth in full-year results than its forecast issued in January. In particular, roaming revenues and Asian prepaid markets have come under pressure, and this is expected to continue into Q2.
Tags: results
growth
solid
ahead
Deutsche Telekom tops FY forecasts, sees further growth in 2020
2020-02-19 08:25:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom reported results for 2019 ahead of expectations and forecast further growth in 2020. Annual revenues increased 6.4 percent to EUR 80.5 billion, and adjusted EBITDA after leases improved 7.2 percent to EUR 24.7 billion, led by growth at T-Mobile US. Adjusted net profit rose 8.9 percent to EUR 4.9 billion, and free cash flow was up 15.9 percent to EUR 7.0 billion.
Verizon forecasts modest revenue growth, flat earnings, higher capex in 2019
2019-01-29 13:59:00| Telecompaper Headlines
(Telecompaper) US operator Verizon reported revenues for 2018 up 3.8 percent and said it expects similar, low single-digit percentage growth in 2019. Adjusted EPS was better than expected, rising 26 percent to USD 4.71 thanks to tax benefits in Q4, but Verizon said it expects a negative impact this year from new accounting rules on leases. Capital expenditure will also increase this year as the operator ramps up its 5G roll-out.
Tags: higher
growth
flat
revenue
Avaya forecasts return to growth in new fiscal year
2018-12-04 15:09:00| Telecompaper Headlines
(Telecompaper) Avaya reported a fall in results for its fiscal fourth quarter on an annual basis, but said figures showed improvement compared to Q3 and it expects to return to growth in the new fiscal year. Total revenues for the three months to September fell 7 percent year-on-year to USD 735 million and increased 6 percent on a quarterly basis. Avaya said bookings were also up 6 percent compared to Q3.
Tags: year
return
growth
fiscal
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