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Tag: q3
Unseasonably warm weather hits Next Q3
2014-10-29 10:22:00| Daily apparel & textile news and comment - from just-style.com
Unseasonably warm weather in October meant sales for UK fashion retailer Next Plc didn't meet its third-quarter expectations, pushing its share price down in early morning trading.
Whirlpool Sees Upbeat N. America Cycle After Weak Q3
2014-10-28 23:34:44| Appliances - Topix.net
The maker of washers, dryers and dishwashers sees positive North America trends and expects full-year 2014 industry unit shipments to increase by approximately 5%. "Our North America region is poised for multiple years of growth through a strong replacement cycle, continued improvements in housing and improving discretionary demand," CEO Jeff Fettig said during the conference call.
UPDATE 1-UPM plans more savings after cost cuts boost Q3 profit
2014-10-28 13:38:43| Paper - Topix.net
Finnish pulp and paper maker UPM-Kymmene posted a bigger-than-expected rise in quarterly core profit on the back of cost cuts, and said it was planning more savings to boost profitability amid a weak European economy. The world's biggest producer of graphic papers, such as magazine paper and newsprint, said on Tuesday its total third-quarter core operating profit rose to 235 million euros , or 9.7 percent of sales, from 194 million, or 7.8 percent of sales, in the same period last year.
Tags: cost
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Twitter revenues surge 114% to USD 361 mln in Q3
2014-10-28 08:49:00| Telecompaper Headlines
(Telecompaper) Twitter said third quarter revenues soared 114 percent from the year before to USD 361 million, higher than the company's forecast of USD 330-340 million. The net loss meanwhile widened to 175.4 million from a loss the year earlier of 64.6 million, with the diluted net loss per share narrowing to 0.29 from a loss of 0.48 and the EBITDA rising to 68.3 million from 9.2 million. Twitter's user base grew 23 percent to 284 million monthly active users, with mobile accounting for 80 percent of users and 85 percent of revenues. Timeline views reached 181 billion, up 14 percent from the year before, with advertising revenue per thousand timeline views up 83 percent to USD 1.77. For the fourth quarter, the company is guiding for revenue of USD 440-450 million and adjusted EBITDA of USD 100-105 million. The group raised its full year outlook for revenues at USD 1.365-1.375 billion and adjusted EBITDA of USD 260-265 million.
KPN sales drop 4.9%, EBITDA down 15% in Q3
2014-10-28 08:22:00| Telecompaper Headlines
(Telecompaper) KPN reported third-quarter sales down 4.9 percent to EUR 1.98 billion, hurt by mobile price pressure and continued weakness in the enterprise market. EBITDA fell 15 percent year-on-year to EUR 633 million, of which 3 percent of the drop came from ending its handset leasing offer. The net result was a loss of EUR 76 million, in part due to a writedown of the value of its option to buy out Reggefiber by EUR 114 million. The Dutch operator said it was satisfied with the results, with customers growing on the mobile market and more bundled services delivered to businesses. Customer satisfaction also appears to be improving, following the simplification of the group's service range. KPN left its outlook unchanged, for growth in free cash flow next year, thanks to lower interest charges and taxes. The company also targets a higher dividend next year, compared to this year's 7 cents per share. For the rest of this year, KPN targets a stabilisation in results. Capex is expected to reach EUR 1.4 billion in 2014 and EUR 1.5 billion next year. KPN said it plans to use part of the EUR 5 billion received from the sale of E-Plus to pay off EUR 2 billion in outstanding bonds. It will also increase its stake in Reggefiber and contribute EUR 200
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