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Maroc Telecom sales growth improves to 4.3% in Q3

2014-10-27 09:04:00| Telecompaper Headlines

(Telecompaper) Maroc Telecom Group posted a 4.3 percent increase in its third-quarter revenue to MAD 7.3 billion, buoyed by strong growth in international activities and a return to growth in Morocco. The home market benefited from higher consumption in the mobile segment as well as successful data offers in the fixed-line segment. For the nine months ending 30 September, Maroc Telecom reported revenues of MAD 21.86 billion, up 1.9 percent over the same period of last year. This includes 11.5 percent growth in revenues from international activities and a decline of 1.1 percent in the activities in Morocco. Growth in the group's customer base reached an annual rate of 10 percent, to 39.5 million customers at 30 September. This was mainly due to growth of 21 percent in the international customer base. Nine-month EBITDA reached MAD 12.01 billion, a decline of 3.0 percent compared to last year, hurt by a reduction of 5.9 percent in EBITDA in Morocco, partially offset by the 6.2 percent rise in EBITDA from subsidiaries. The EBITDA margin fell by 2.8 points to 54.9 percent.  

Tags: sales growth telecom improves

 

Genuine Parts Company Keeps On Truckin' With Solid Q3 Results

2014-10-26 17:36:32| Auto Parts - Topix.net

Genuine Parts Company cranked out record revenue for the third quarter on the back of underlying sales growth and acquisitions. The company produced earnings per share growth on the order of 10%, and is expected to grow earnings per share at a high single-digit rate going forward.

Tags: results company parts solid

 
 

Select Comfort Has Another Huge Day After Q3 Earnings

2014-10-26 07:24:08| Furniture - Topix.net

We continue to believe SCSS is uniquely positioned to benefit from a move-up market with a solid balance sheet and high ROE. Select Comfort posted 3Q earnings of $0.44 a share and revenues of $323mm .

Tags: day select huge comfort

 

Snap-on Inc.: Analysis Of Q3 Earnings

2014-10-26 00:22:22| Appliances - Topix.net

Snap-on Incorporated reported its preliminary financial results based on which we provide a unique corporate earnings release based analysis of its performance. Our analysis focuses on the company's performance for the same quarterly period on a year-on-year basis .

Tags: analysis earnings q3 snapon

 

Stock Futures Aim For Flat Open; Amazon.com Crumples On Q3 Miss

2014-10-25 10:18:00| IT Services - Topix.net

Stock futures flattened their early losses ahead of Friday's open, with earnings news driving the bulk of premarket activity. Dow futures slimmed losses to a fraction below fair market value.

Tags: open stock miss flat

 

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