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TOC Quarterly Report Spring 2016

2016-07-27 20:31:22| PortlandOnline

PDF Document, 80kbCategory: Committee Reports

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PPG Directors Announce Quarterly Dividend of 40 Cents per Share

2016-07-21 20:01:00| Coatings World Breaking News

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Vodacom Group quarterly revenue grows 5.8% to ZAR 19.9 bln

2016-07-21 10:56:00| Telecompaper Headlines

(Telecompaper) Vodacom Group's revenue increased by 5.8 percent to ZAR 19.9 billion for the quarter ended 30 June compared to ZAR 18.81 billion in the same period in 2015. Service revenue rose by 7.3 percent to ZAR 16.81 billion.

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Tele2 quarterly EBITDA falls 22%, sales up 1%

2016-07-21 09:08:00| Telecompaper Headlines

(Telecompaper) Tele2 reported a drop in second-quarter profits as the company increased commercial spending in an effort to accelerate sales in its largest markets, Sweden and the Netherlands. While revenues rose slightly to SEK 6.668 billion from SEK 6.611 billion a year ago, EBITDA dropped to SEK 1.087 billion from SEK 1.393 billion. The margin dropped to 16 percent from 21 percent a year ago. After SEK 95 million in restructuring charges and a higher tax bill, Tele2 posted a net loss of SEK 60 million from the quarter, versus a profit of SEK 309 million a year ago. Tele2 maintained its outlook for mobile end-user service revenue growth in the mid single digits in 2016, after 2 percent growth in Q2.

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Qualcomm grows quarterly sales more than expected

2016-07-21 08:50:00| Telecompaper Headlines

(Telecompaper) Qualcomm reported an improvement in results for its fiscal third quarter to June, as the company rebuilds its licensing business in China, the world's biggest market for smartphones. Revenues rose 4 percent year-on-year and 9 percent sequentially to USD 6.0 billion, better than the company's forecast, and operating profit was up 29 percent annually to USD 1.6 billion. Sales were helped by USD 235 million in deferred revenue recognised after settling its licensing dispute with LG. Net profit increased 22 percent to USD 1.4 billion, and adjusted EPS jumped 17 percent to USD 1.16, with an 11-cent boost from the LG deal. MSM chip shipments were still down 11 percent year-on-year to 201 million, but grew 6 percent compared to Q2 and came in higher than forecast.

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