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Tecnotree lifts Q2 sales and profit, H1 order book swells by 55%
2020-08-13 09:56:00| Telecompaper Headlines
(Telecompaper) Finnish IT provider Tecnotree has reported a rise in net sales for the second quarter to 30 June to EUR 14.1 million from EUR 11.0 million a year earlier. Adjusted EBIT for Q2 improved to EUR 5.8 million from EUR 3.6 million the year before, giving a 45 percent EBIT margin. Second quarter net profit expanded to EUR 4.2 million from EUR 1.4 million.
Drought swells across U.S.
2020-08-06 16:49:00| Beef
Drought or abnormal dryness expands or intensifies across parts of West, Midwest, Southeast and Northeast.
Ericsson net loss swells to SEK 4.3 billion in Q3, sales fall 6%
2017-10-20 08:30:00| Telecompaper Headlines
(Telecompaper) Ericsson saw its net loss widen to SEK 4.3 billion for the third quarter, from SEK 0.2 billion a year ago, due to a number of one-time restructuring costs and writedowns. Revenues at the network equipment maker also fell 6 percent, to SEK 47.8 billion, and adjusted operating profit, excluding all the charges, was breakeven.
Blackberry loss swells to USD 670 mln after writedowns
2016-06-23 15:07:00| Telecompaper Headlines
(Telecompaper) BlackBerry recorded a net loss of USD 670 million for its fiscal first quarter to May, reversing a profit of USD 68 million a year ago. The company took a number of writedowns in the quarter, including USD 501 million on assets, USD 57 million on goodwill and USD 41 million on inventory. Gross profit halved to USD 154 million, as revenue fell to USD 400 million from USD 658 million a year ago. BlackBerry said adjusted EBITDA remained positive for the tenth consecutive quarter and should remain so over the full year. Cash flow should also be positive over the full year, after a cash burn of USD 65 million in Q1, and the company said its more efficient operating model should mean an annual adjusted net loss half what the market currently expects, at around USD 0.15 per share.
Tags: loss
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US swells serving sizes for soda in nutritional label overhaul
2016-05-23 13:39:00| Daily beverage news and comment - from just-drinks.com
The US has increased the typical serving sizes for soft drinks by half, as part of a shake-up of nutritional labels.
Tags: label
serving
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nutritional