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Telenor organic sales up 7.6%, margins still under pressure

2015-05-06 08:43:00| Telecompaper Headlines

(Telecompaper) Telenor reported all-time high revenues in the first quarter, with organic sales growth reaching 7.6 percent. As the operator is confident it will see another good year, it has raised its 2015 guidance for organic revenue growth to 5.7 percent and its EBITDA margin expectations to 34-36 percent. The capex to sales ratio is seen at 17-19 percent, reflecting higher investments in Thailand and Myanmar in addition to the recently launched satellite. Revenues for the quarter rose to NOK 30.2 billion from 25.3 billion the year before while EBITDA before other items reached an all-time high of NOK 10.6 billion from 9.1 billion, despite start-up costs in Myanmar and continued high handset sales. The EBITDA margin went lower to 35.0 percent from 35.8 percent while the operating cash flow lifted to 6.1 billion from 5.5 billion. The net profit advanced to NOK 4.1 billion from 3.7 billion. The company added 5.9 million mobile customers during the quarter, taking total subscriber numbers to 190 million. Telenor said more than one third of all subscribers are now active.

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N.Y. Sanitation Dept. Expands Organic Recycling in Brooklyn's Bay Ridge Neigborhood

2015-04-29 21:48:00| Waste Age

<a href="http://www.brooklyneagle.com/">Brooklyn Daily Eagle</a> More Bay Ridge residents will be asked to collect their after-dinner table scraps as part of the Department of Sanitations organic recycling effort, according to a local official who said the agency is expanding a pilot program already underway in the neighborhood. read more

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World Demand for Dyes & Organic Pigments to Reach $19.5 Billion

2015-04-27 07:00:00| Coatings World Breaking News

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U.S. Organic Sales Grew 11 Percent in 2014

2015-04-24 01:34:21| Industrial Machines - Topix.net

What started out a month ago for Blue Bell Ice Cream as a small recall of institutional-sized ice cream cups made in an Oklahoma plant has turned into a recall of all products throughout the country produced at all Blue Bell facilities. On March 22, the Kansas Dept.

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U.S. Organic Sales Grew 11 Percent in 2014

2015-04-23 23:50:00| Food Processing

Food sales near $36 billion, nearly 5 percent of overall food sales.

Tags: sales percent organic grew

 

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