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Adidas ups 2020 profit target following "strong" FY

2018-03-14 11:44:00| Daily apparel & textile news and comment - from just-style.com

Shares in German sporting giant Adidas climbed by more than 9% this morning (14 March) as the company forecast strong growth in the year ahead, and upped its 2020 profitability target on the back of what CEO Kasper Rorsted called a "strong" year.

Tags: strong target ups profit


Rolls Royce back in profit as restructuring continues

2018-03-07 08:35:21| BBC News | Business | UK Edition

It comes after the firm posted a record loss in 2016 due to settling corruption cases and currency moves.

Tags: back profit continues rolls


Mothercare in talks with banks amid profit warning

2018-03-05 11:20:00| Daily apparel & textile news and comment - from just-style.com

Shares in Mothercare remained down by more than 4% this morning (5 March) following the news the UK mother, baby and children's goods retailer may breach its lending agreements and expects full-year profits to be at the lower end of its guidance.

Tags: profit warning banks talks


Mothercare shares slide on profit downgrade

2018-03-02 15:41:46| BBC News | Business | UK Edition

The baby goods retailer warns that annual profits will be at the lower end of expectations.

Tags: profit shares slide downgrade


Masmovil posts EUR 97 mln FY profit, expands Orange roaming deal

2018-02-28 08:34:00| Telecompaper Headlines

(Telecompaper) Spanish telecommunications provider Masmovil, the country's fourth largest network operator, has reported net revenues of EUR 351.8 million for the fourth quarter of 2017, up 17 percent year on year, with quarterly recurring EBITDA rising to EUR 69.7 million on a reported basis compared to EUR 28.7 million year earlier. The company also turned to profit, with full-year net income climbing to EUR 96.9 million for the year compared to a EUR 36.6 million loss a year earlier. Full-year net revenues were up 16 percent to EUR 1.30 billion, with the recurring EBITDA margin rising to 18.3 percentage points from 10.6 percent in 2016 and capex doubling to EUR 221 million, mostly focused on the continued rollout of its 4G and fibre networks.

Tags: posts eur deal orange


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