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Magnas Q3 2016 sales up 16% from Q3 2015

2016-11-07 16:32:58| Canadian Plastics Headlines

Magnas Q3 2016 results bring the companys sales for the nine months ended September 30 to $27.2 billion, an increase of 15% from the nine months ended September 30, 2015. The post Magnas Q3 2016 sales up 16% from Q3 2015 appeared first on Canadian Plastics.

Tags: sales q3 magnas 0

Vimpelcom sees small increase in organic sales, EBITDA in Q3

2016-11-03 08:11:00| Telecompaper Headlines

(Telecompaper) Vimpelcom reported a small increase in organic sales and EBITDA in the third quarter, led by a strong performance in Ukraine and Pakistan. Excluding currency effects, disposals and acquisitions, revenues rose 0.8 percent and EBITDa was up 0.6 percent. On a reported basis, revenue fell 3 percent to USD 2.372 billion, hurt by forex effects and lower sales in Algeria and Russia. Service revenue was also down 3 percent year-on-year, as the drop in voice revenue offset 28 percent growth in mobile data revenue. Total mobile customers increased by 10.1 million to 205.5 million at the end of Q3, mainly driven by the consolidation of Warid's customers in Pakistan from July. Group EBITDA, excluding one-time items, fell 5 percent to USD 962 million, and the margin dropped to 40.6 percent from 41.7 percent a year ago. The net result was a profit of USD 445 million, compared to a loss of USD 1.005 billion a year ago when Vimpelcom took a number of restructuring and legal settlement charges.

Tags: small sales increase organic

Next cuts FY outlook as Q3 sales slide

2016-11-02 09:39:00| Daily apparel & textile news and comment - from just-style.com

UK fashion retailer Next has revealed a fall in sales for its third-quarter and lowered its full-year guidance, citing difficult market conditions.

Tags: sales slide outlook cuts

Chinese Pork Import Boom Continues into Q3

2016-11-02 01:00:00| ThePigSite - Industry News

CHINA - Chinese imports of fresh/frozen pork continued to be significantly elevated in Q3 this year, increasing by 160 per cent on the same period in 2015 to reach 516,000 tonnes.

Tags: chinese import continues boom