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Telenor buoyed by Myanmar in Q2

2015-07-22 02:00:00| Total Telecom industry news

Norwegian incumbent posts revenue and EBITDA growth in second quarter, highlights contribution from new group operation.

Tags: myanmar q2 telenor buoyed

 

just the Preview - The Coca-Cola Co's Q2

2015-07-21 12:21:00| Daily beverage news and comment - from just-drinks.com

The Coca-Cola Co will report its first-half and second-quarter results tomorrow (22 July). Here, just-drinks takes a look at the group's highs and lows in the three months to the end of June.

Tags: preview cos q2 cocacola

 
 

Genuine Parts sales and profit up 1% in Q2

2015-07-20 19:06:58| Automakers - Topix.net

The Atlanta-based automotive and industrial parts company said its second-quarter sales increased 1% to $3.94 billion. Profit declined 1 percent to $195.4 million, while earnings were flat at $1.28 a share.

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TeliaSonera organic service revenue, EBITDA lower in Q2

2015-07-17 09:07:00| Telecompaper Headlines

(Telecompaper) TeliaSonera reported second-quarter sales up 8.5 percent year-on-year to SEK 21.1 billion, helped by its acquisition of Tele2 Norway and currency effects. Excluding currency effects, acquisitions and disposals, total sales increased 1.9 percent, while service revenues were down 1.3 percent. Adjusted EBITDA was up 4.0 percent on a reported basis but down 4.0 percent on an organic basis, to SEK 9.2 billion. The margin fell 33.9 percent from 35.4 a year ago. Adjusted operating profit declined 7.6 percent to SEK 5.9 billion, and net profit was down 8.1 percent to SEK 3.3 billion. Free cash flow increased strongly to SEK 6.3 billion from SEK 2.5 billion, thanks to dividends of SEK 4.7 billion from Turkcell. TeliaSonera said it expects the earnings trend to improve somewhat in the second half of the year and reiterated its full-year outlook for stable organic EBITDA. However, the company noted increased risks to performance in Eurasia due to the difficult economic climate and currency fluctuations. Capital expenditure is estimated at SEK 17 billion over the full year, excluding licence and spectrum fees, after spending SEK 8.3 billion in the first six months. 

Tags: service lower revenue organic

 

CSX likely to have fared better than most in Q2, although rail industry battered

2015-07-14 21:58:11| Railroads - Topix.net

CSX Corp. won't be exempt from the hard hit the Class 1 railroads took this second quarter, according to analysts, although it will likely fair better than most. Buoyed by a rapid increase in operational efficiency , the railroad will likely stave off 2 percent drop in volumes it said it expected during a mid-quarter update.

Tags: industry rail q2 battered

 

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