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Aldi reports record sales but profits drop amid price war

2017-09-25 09:36:13| BBC News | Business | UK Edition

The chain blames the profit fall on efforts to keep prices low and the cost of opening new stores.

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Cisco quarterly results fall as expected, sees further sales drop in Q1

2017-08-17 08:26:00| Telecompaper Headlines

(Telecompaper) Cisco reported a further fall in revenues and profit in the company's fiscal fourth quarter to July. Revenue fell 4 percent year-on-year to USD 12.1 billion, and net profit was down 14 percent to USD 2.4 billion or USD 0.48 per share, in line with the company's outlook. Results also fell over the full year, with revenue down 2 percent to USD 48.0 billion. 

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Telefonica Deutschland slows sales drop, OIBDA accelerates in Q2

2017-07-26 08:44:00| Telecompaper Headlines

(Telecompaper) Telefonica Deutschland slowed its drop in revenues to 3.4 percent in the second quarter, for a total EUR 1.77 billion, while growth in adjusted EBITDA accelerated to 5 percent, to EUR 472 million. The OIBDA margin improved 2 percentage points to 26.7 percent, driven by cost savings. The company said it reduced costs by EUR 40 million in the quarter.

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Tsingtao Brewery posts H1 sales, profits drop - report

2016-08-31 17:19:00| Daily beverage news and comment - from just-drinks.com

Tsingtao Brewery's first half profits slumped 11% as China's second-largest brewery suffered amid weak consumer spending in the country, according to a report.

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Asda has worst quarterly sales drop blaming food deflation

2016-08-18 13:39:51| BBC News | Business | UK Edition

Asda reports a drop in sales of 7.5% in the past three months, its worst quarterly performance on record.

Tags: sales food drop worst

 

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