je.st
news
Tag: cost savings
Orange increases cost savings to stabilise margin
2014-07-29 08:45:00| Telecompaper Headlines
(Telecompaper) Orange reported a small improvement in its adjusted EBITDA margin for the first half of 2014, to 31.3 percent from 31.1 a year earlier, thanks to cost reductions. Revenues were still down 4.9 percent to EUR 19.59 billion, with divestments such as Orange Dominicana reducing sales by 0.8 percent and currency effects taking another 0.6 percent off revenue. On a comparable basis and excluding regulatory effects, sales fell 2.3 percent in the second quarter, a smaller drop than the 3.0 percent fall in Q1 and 3.8 percent drop in Q4. Adjusted EBITDA for the first half declined 4.3 percent to EUR 6.14 billion, and net profit dropped 26.3 percent to EUR 891 million. Orange said the results showed steady improvement in key markets such as France and Poland, as well as continued strong growth in the Middle East and Africa. The company raised its target for cost reductions this year to EUR 300 million from 250 million previously, while maintaining the outlook for adjusted EBITDA of EUR 120-12.5 billion and a stable margin in 2014. Orange moved closer to its target of net debt at 2x EBITDA with a result of 2.17 at the end of June, down from 2.37 six months earlier. Capital expenditure in the first half was up just 3.1 percent year-on-year to EUR 2.50 billion. Orange said it will pay an interim dividend of EUR 0.20 per share and a full-year dividend of EUR 0.60.
Tags: cost
orange
increases
savings
Webinar to Highlight Cost Savings, Productivity Improvements with Global Shop Solutions ERP ...
2014-07-15 06:00:00| Industrial Newsroom - All News for Today
THE WOODLANDS, TX – Manufacturing companies looking to reduce expenses, streamline operations, and grow revenues should plan to attend a free webinar, entitled Cut Costs and Improve Efficiency with Global Shop Solutions ERP, scheduled for August 7, 2014 at 2:00 p.m CST.<br /> <br /> Hosted by Roman Anguiano, senior sales engineer for Global Shop Solutions, the webinar will provide an overview of the firm's ERP software capabilities while exploring the typical benefits available to ...This story is related to the following:Enterprise Resource Planning Software (ERP)
Tags: shop
cost
global
solutions
Waste-to-Energy Firm Covanta Implementing Cost Savings Programs
2014-06-10 18:13:00| Waste Age
Waste-to-energy and recycling firm Covanta Holding Corp. is implementing several cost-saving initiatives that should net the firm $30 million in adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in 2015. read more
Tags: cost
programs
firm
savings
Toshiba Paper Reusing System Realizes Cost Savings For Manufacturer
2014-05-30 11:29:15| pulpandpaperonline News Articles
Toshiba TEC, a global leader in printing and imaging solutions and services, announced to the manufacturing industry that Toshiba’s e-STUDIO306LP/RD30, the paper reusing system with erasable toner may contribute to cost reduction in the cleanroom
Tags: system
paper
cost
manufacturer
SME Student Members Find Energy and Cost Savings for North Carolina Manufacturer
2014-03-27 05:00:00| Industrial Newsroom - All News for Today
As part of DOE's Industrial Assessment Center program, SME student members at North Carolina State University performed cost-saving energy assessment for hosiery plant in Burlington, NC. Wendy Johnson and Stephen Taylor, members of SME’s NCSU S317 student chapter, completed assessment for Kayser-Roth Corp. under supervision of their faculty advisor, Rohan Shirwaiker, PhD. Recommendations focused on improving process design, efficiency, and ergonomics associated with operations and ...This story is related to the following:Trade Associations