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Lenovo quarterly sales fall 6%, net profit improves

2016-08-18 08:46:00| Telecompaper Headlines

(Telecompaper) Lenovo reported revenues down 6 percent year-on-year in its fiscal first quarter to June to USD 10.1 billion, hurt by the slowdown in the PC and smartphone markets. Gross profit fell 7 percent to USD 1.5 billion, giving a margin of 15.3 percent, while net profit increased 64 percent to USD 173 million, thanks to cuts to operating costs.

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ForEx hits Gruppo Campari H1 as sales, profits fall - results

2016-08-02 14:05:06| Daily beverage news and comment - from just-drinks.com

Currency headwinds in Latin America have sunk Gruppo Campari's first-half sales, outpacing encouraging gains in Europe.

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P&Gs Sales Fall 3%

2016-08-02 07:30:00| Nonwovens Industry Breaking News

Baby, Feminine & Family Care organic sales up 1%.

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UK retail sales fall at fastest pace in four years in July

2016-07-28 14:45:00| Daily apparel & textile news and comment - from just-style.com

Sales volumes at UK clothing, footwear and leather goods retailers remained positive in July despite retail sales overall falling at the fastest pace in more than four years.

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KPN Q2 sales fall 3.7%, profits increase on cost cuts

2016-07-27 08:19:00| Telecompaper Headlines

(Telecompaper) KPN reported second-quarter sales down 3.7 percent to EUR 1.68 billion, while EBITDA was up 1.9 percent to EUR 579 million thanks to cost reductions. EBIT increased 21 percent to EUR 205 million, and net profit rose 1.3 percent to EUR 162 million. Capital expenditure at the Dutch operator edged 2.0 percent higher at EUR 312 million, and free cash flow increased 9.5 percent to EUR 254 million. KPN maintained its outlook for flat EBITDA, capex of EUR 1.2 billion and free cash flow over EUR 650 million in 2016.

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