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Tag: lower sales
Telecom Italia H1 sales continue lower, eyes Brazil options
2014-08-06 09:30:00| Telecompaper Headlines
(Telecompaper) Telecom Italia reported first-half revenues down 11.2 percent to EUR 10.55 billion, hurt by divestments and continued weakness in its home market. EBITDA dropped 7.6 percent to EUR 4.345 billion, while the margin improved to 41.2 percent from 39.5 a year ago. On an organic basis, excluding currency effects and changes in scope, revenues fell 6.5 percent and EBITDA was down 5.6 percent. The Italian operator's net result improved to EUR 543 million profit from a loss of EUR 1.407 billion a year ago when the company wrote down the value of some assets. Capex fell slightly to EUR 1.707 billion or 16.2 percent of revenue. Net debt was down by EUR 171 million in the second quarter to EUR 27.358 billion at the end of June. The company said results were in line with its mid-term outlook and the Italian market is expected to contract less this year than in 2013. Profitability will be under pressure in the near term from the ongoing shift to bundled plans, as well as competition and price pressure on the fixed market. Telecom Italia also acknowledged indirectly Telefonica's proposed bid for GVT in Brazil and said it continues to evaluate strategic options for its own activities in Brazil.
Tags: options
sales
continue
lower
Dassault Aviation reports lower sales
2014-07-27 09:21:17| Food - Topix.net
FROM LEFT: Dassault Systemes Chairman Charles Edelstenne, Dassault Aviation Chief Operating Officer Lok Segalen, French UMP political party member and Chairman and CEO of Groupe Dassault Holding Serge Dassault and Dassault Aviation Chairman and CEO Eric Trappier at the Dassault Aviation's first-half results presentation in Saint Cloud near Paris.
Tags: sales
reports
lower
aviation
Meat Market Update | Sales Volume Continues Lower Despite Grilling Season
2014-07-02 17:27:00| Beef
Box beef cutout prices have been setting new highs every day but the volume of sales has been quite a bit lower than last year, especially compared to a typical grilling season high. read more
Tags: sales
market
volume
lower
Sabic Seeks China Expansion on Rising Costs, Lower Sales Prices
2014-04-20 19:57:01| Chemicals - Topix.net
Saudi Basic Industries Corp. plans to expand global investments, mainly in China , as the world's largest petrochemicals maker posts a lower first-quarter profit amid a shortage of raw materials in its home market.
Tags: sales
china
prices
lower
Samsung sees flat sales, lower opg profit in Q1
2014-04-08 08:37:00| Telecompaper Headlines
(Telecompaper) Samsung expects to report flat sales and lower operating profit for the first quarter. The company said it expects revenue at KRW 53 trillion, little changed from the year-earlier period, and operating profit of KRW 8.4 trillion, down from KRW 8.8 trillion in Q1 2013. This would be Samsung's second consecutive quarter of lower earnings, hurt by slower growth rates and declining prices in the smartphone market. The company will report full quarterly results at a later date.
Tags: sales
lower
flat
samsung
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