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Telecom Italia sales down 4.5% in Q3, reorganises wholesale

2015-11-06 08:30:00| Telecompaper Headlines

(Telecompaper) Telecom Italia reported a 4.5 percent year-on-year fall in third-quarter revenues to EUR 5.4 billion, hurt by the macroeconomic situation in Brazil unit and competition in its domestic market. In the nine months to 30 September, revenues were down 6.9 percent to EUR 14.9 billion, or -3.9 percent on organic terms. EBITDA fell to EUR 5.6 billion, around 14.8 percent less than the first nine months of 2014, while net profit attributable to shareholders plummeted to EUR 362 million, compared to EUR 985 million in the year-earlier period, due above all to one-time charges and the negative impact of the company's bond buyback transactions. Domestically, the situation was rosier, with the third quarter confirming the trend of improving revenues, particularly in mobile, which recorded an increase of 1.5 percent on the third quarter of 2014. Overall third-quarter domestic revenues came in at EUR 3.8 billion, down 1.4 percent on the previous year's results. The company also announced that its board of directors had approved the plan to introduce a new equivalence model, aimed at further strengthening the efficiency and effectiveness of the delivery (activation) and assurance (support) processes in the supply of wholesale services for access to the Telecom Italia fixed network.

Tags: sales italia wholesale telecom

 

Asics reorganises to strengthen business

2015-07-27 16:18:00| Daily apparel & textile news and comment - from just-style.com

Sporting goods company Asics Corp restructuring its global operations and hiring new managers to "accelerate business growth."

Tags: business strengthen asics reorganises

 
 

Vodafone reorganises European leadership structure

2015-07-21 14:19:00| Telecompaper Headlines

(Telecompaper) Vodafone has announced a wide-ranging reorganisation of its European leadership structure with a view to streamlining management efficiency and accelerating decision-making in key markets. The company said the CEOs of its four largest European markets Hannes Ametsreiter in Germany, Aldo Bisio in Italy, Jeroen Hoencamp in the UK and Antonio Coimbra in Spain will become members of the Group Executive Committee and report directly to group chief executive Vittorio Colao starting 01 October. Vodafone Netherlands CEO Rob Shuter will also join the Group Executive Committee and assume additional leadership responsibilities for Vodafone's smaller European markets while also reporting directly to Vittorio Colao. The company also announced that Vodafone CEO for the Europe region, Philipp Humm, would leave the group later in the year to continue his CEO career outside Vodafone.

Tags: structure european leadership vodafone

 

AB Vista Re-Organises Sales Team to Embrace Market Growth

2015-06-05 02:00:00| ThePigSite - Industry News

EUROPE - AB Vista is re-organising its Europe, Middle East and Africa (EMEA) sales team into four regions to support the continued expansion of its business across this critical region.

Tags: sales team market growth

 

Unitronics Reorganises Operations to Position for Growth

2015-03-23 12:37:00| Logistics - Topix.net

Unitronics 1989 Ltd , a leading global provider of industrial automation products, smart warehouses and automated parking solutions, is pleased to announce that the Board of Directors of Unitronics has approved to formally reorganise the Group's operations by incorporating the Unitronics Systems division with an expanded Unitronics Automated Solutions division. With immediate effect, Unitronics Systems division activities, including the design, construction and maintenance of storage and logistics systems like smart warehouses and distribution centres, will be performed by Unitronics Automated Solutions.

Tags: position growth operations unitronics

 

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