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Navigant forecasts plug-in and fuel cell vehicles to be 2.5% of all vehicles in use in 2035; global parc of >2B vehicles
2014-05-20 19:30:18| Green Car Congress
Vodafone forecasts further drop in EBITDA this year
2014-05-20 08:43:00| Telecompaper Headlines
(Telecompaper) Vodafone Group forecast a further drop in EBITDA this year fiscal year, as the difficult market conditions in Europe continue and negative currency effects weigh on results. The company expects a result of GBP 11.4-11.9 billion in the year to March 2015, down from GBP 12.8 billion last year. The acceleration of capital expenditure under Project Spring will also put pressure on free cash flow, but Vodafone said it expects cash flow to remain positive, before any acquisitions or spectrum and restructuring costs. The company also targets a further increase in the dividend. For the past fiscal year, Vodafone reported revenues down 0.8 percent to GBP 38.3 billion, and a profit of GBP 59.4 billion, including a GBP 45.0 billion gain from the sale of its stake in Verizon Wireless, GBP 6.6 billion in impairment charges and GBP 19.3 billion in deferred tax. On an adjusted basis, excluding Verizon, the company posted operating profit of GBP 4.9 billion, just under its target of GBP 5.0 billion, and free cash flow was down 24 percent to GBP 4.2 billion.
Sony forecasts recovery in 2014, led by smartphone growth
2014-05-14 08:51:00| Telecompaper Headlines
(Telecompaper) Sony reported sales for its fiscal fourth quarter to March up 8.1 percent year-on-year to JPY 1.871 trillion, driven by the weaker yen and strong sales of the Playstation and smartphones. Excluding currency effects, sales fell 0.1 percent. The operating result plunged to a loss of JPY 111.8 billion from a profit of JPY 145.4 billion a year ago, and the net result was a loss of JPY 138.2 billion versus a profit of JPY 93.2 billion a year ago. The results were hurt by the earlier announced restructuring charges and asset writedowns on its PC and CD businesses. The mobile division, which produces phones and computers, generated the highest sales in the quarter, up 2.3 percent to JPY 361 billion. Sony said the growth was due to higher smartphone sales and prices, as well as the positive currency effects. The division still had an operating loss of JPY 67.5 billion, versus a loss of JPY 24.6 billion a year ago, as the losses at the PC activities offset a profit from smartphones. With the planned exit of the computer business, Sony expects the division to return to a profit in the current fiscal year of around JPY 26 billion. Thanks to expected "significant" growth in smartphones, sales at the division are forecast to reach JPY 1.53 trillion this year, versus JPY 1.192 trillion last year. Sony expects its smartphone sales in units to grow to 50.0 million this year, after 39.1 million in fiscal 2013. Sony also forecast sales growth and a return to operating profit for its games, devices and home entertainment divisions this year.
Tags: sony
led
growth
recovery
Renesas Electronics Announces Consolidated Financial Forecasts for...
2014-05-10 08:12:27| Electronics - Topix.net
Renesas Electronics Corporation , a premier supplier of advanced semiconductor solutions, today announced the consolidated financial forecasts for the three months ending June 30, 2014.
Tags: electronics
financial
consolidated
announces
Research And Markets: Global Small UAV Market Forecasts & Opportunities: Trends, Propulsion, Payload, Application & Region Analysis
2014-05-09 13:18:02| rfglobalnet News Articles
Research and Markets has announced the addition of the "Global Small UAV Market Forecasts & Opportunities: Trends, Propulsion, Payload, Application & Region Analysis" report to their offering.
Tags: research
small
region
market
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