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Liberty Global organic sales, cash flow up 2% in Q4

2014-02-14 08:55:00| Telecompaper Headlines

(Telecompaper) Liberty Global reported fourth-quarter revenues up 71 percent from a year earlier to USD 4.5 billion, driven by its takeover of UK cable operator Virgin Media. Excluding acquisitions and currency effects, revenues rose 2 percent, with a 4 percent increase in Western Europe, 7 percent growth in Chile and flat sales in CEE. Among its largest markets, Germany grew 7 percent, Belgium was up 10 percent, Switzerland advanced 4 percent, and the UK expanded 1 percent, while the Netherlands contracted by 2 percent. Operating cash flow rose 65 percent to USD 2.1 billion, or 2 percent on an organic basis, while the company's net loss narrowed to USD 121 million in Q4, from USD 331 million a year earlier. Liberty said it expects growth in organic OCF to accelerate in 2014. Adjusted free cash flow, which excludes the cost of its mobile operation in Chile, should also improve, to around USD 2.0 billion from USD 1.8 billion in 2013. Capital expenditure rose to USD 2.5 billion in 2013 from USD 1.9 billion a year earlier, due mainly to the takeover of Virgin Media. Liberty ended the year with debt of USD 44.7 billion and cash of USD 2.7 billion, putting its net leverage at 4.9x. 

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GLOBAL: Flavoured vodka sales stall - research

2014-02-04 14:36:00| Daily beverage news and comment - from just-drinks.com

A new report from just-drinks has suggested that the dynamism and growth of the flavoured vodka category, for so long one of the key engines behind the vodka sector, is in decline.

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2. Cadillacs Inventory Glut Makes Global Sales Numbers Challenging

2014-01-23 17:26:43| AutomotiveDigest.com - Automotive Industry News

Cadillac seeks to triple global sales in next 10 years But will have to clear out 105-day dealer inventory first Sales grew 22% last year with new product announcements GET MORE INFOThe Article 2. Cadillacs Inventory Glut Makes Global Sales Numbers Challenging appeared first on Automotive Digest.

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Toyota retains global auto sales crown in 2013, sees 2014 sales above 10 million

2014-01-23 10:32:25| Auto Dealers - Topix.net

Toyota sales rose 2 percent in 2013 to 9.98 million vehicles, the company said in a statement on Thursday.

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Nissan LEAF global sales reach 100,000 units

2014-01-22 12:30:14| Green Car Congress

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