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Vodacom Group revenue rises 10.5% to ZAR 20.2 bln

2014-02-05 09:11:00| Telecompaper Headlines

(Telecompaper) Vodacom Group revenue for the third quarter ended 31 December 2013 rose by 10.5 percent to ZAR 20.22 billion. Group service revenue increased 6.4 percent to ZAR 16.25 billion, up 3.4 percent on a normalised basis and in line with its guidance. Group data revenue increased 40.7 percent to ZAR 3.61 billion, accounting for 22.2 percent of service revenue. Group active customers grew 12.3 percent to 56.0 million and active data customers grew 27.9 percent to 23.7 million.

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Agco profit jumps as demand from Europe rises

2014-02-05 05:08:42| Industrial Machines - Topix.net

Farm machinery maker Agco Corp reported a 36 percent increase in quarterly profit as strong sales in Europe offset weakness in South America.

Tags: europe demand profit rises

 
 

The Stock Market Rises: Trust the Bounce?

2014-02-04 17:05:16| Chemicals - Topix.net

The Dow Jones Industrial Average has risen 0.3% to 15,424.89 at 10:14 a.m., lifted by the likes of 3M, which has gained 1.5% to $125.70, Goldman Sachs, which has risen 1.5% to $162.21, and E. I. du Pont de Nemours, which has advanced 2% to $61.20.

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DENMARK: IC Companys eyes growth after H1 profit rises

2014-02-04 13:33:00| Daily apparel & textile news and comment - from just-style.com

Fashion retail business IC Companys is forecasting higher earnings across all business segments after posting a 6% rise in first half operating profit.

Tags: eyes growth profit denmark

 

BP's Deepwater Horizon bill rises $200m as profits fall

2014-02-04 09:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: BP has been forced to set aside a further $200m for the Gulf of Mexico oil spill, bringing the bill so far to $42.7bn. The final figure could be far higher, however, as the latest tally does not take account of additional provisions for economic loss claims from a further legal settlement it has made, the group said. BP is also waiting for a final US court decision over whether it was considered grossly negligent for the Deepwater Horizon accident. That could add over $20bn to the final bill...

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