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US: Gap lifts FY outlook following stellar Q2

2013-08-23 16:24:00| Daily apparel & textile news and comment - from just-style.com

Specialty clothing retailer Gap Inc has raised its full-year earnings outlook after strong sales of summer merchandise at its Gap and Old Navy stores helped lift second-quarter profit by nearly 25%.

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Dutch consumer fixed lines grow to 6.25 mln in Q2

2013-08-23 11:01:00| Telecompaper Headlines

(Telecompaper) The Dutch consumer fixed telephony market grew by 18,000 connections or 0.3 percent during the second quarter to 6.25 million lines, according to Telecompaper's quarterly Dutch Fixed Telephony Market report. Growth in VoIP lines of 1.6 percent during the quarter was enough to offset a 5.8 percent drop in PSTN/ISDN connections and 0.7 percent fewer WLR connections. Fibre VoIP reported the highest growth of 9 percent, followed by cable at 1.4 percent, while DSL VoIP connections only increased by 0.2 percent during the quarter. The revenues generated from consumer fixed telephony lines decreased by 2.9 percent in the second quarter to EUR 338 million. The fixed telephony market is expected to continue to grow, at a CAGR of 1.2 percent per year over the period 2013-2017, as growth in VoIP lines continues to outpace the decrease in PSTN/ISDN and WLR users.

Tags: lines fixed consumer grow

 
 

SWEDEN: New Wave Group books 16.8% rise in Q2 profit

2013-08-22 14:39:00| Daily apparel & textile news and comment - from just-style.com

Swedish brand developer New Wave Group has today (22 August) reported a 16.8% increase in second quarter profit, despite a tough retail environment and weaker demand in the Nordic regions.

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Skin Care, Makeup Lead Prestige Sales in Q2

2013-08-20 16:42:00| Happi Breaking News

Fragrance flattens out, says NPD in recent report.

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Dutch mobile service revenues fall 6.7% in Q2

2013-08-20 08:21:00| Telecompaper Headlines

(Telecompaper) Dutch mobile service revenues contracted 6.7 percent year-on-year in the second quarter of 2013 to a total EUR 1.38 billion. According to Telecompaper's quarterly mobile monitor, the annual rate of decline is more than twice that of the same period last year, as a drop in non-voice revenue (SMS and data) added to the continued fall in voice revenues. Seasonally the second quarter is stronger than the first, but this year's quarterly growth of 0.6 percent was a third of last year's rate, with revenues increasing by only EUR 8 million. Non-voice services now contribute 40 percent of total mobile service revenue, but these are not growing fast enough to offset fully the erosion in voice revenues. The weak market performance in the first half of 2013 has led to a downgrade in Telecompaper's outlook for the Dutch mobile industry. For 2013 we now expect the Dutch market to show a decline of around 6 percent to EUR 5.5 billion in service revenue over the full year. For the period 2013-2017, the Dutch market is expected to show a negative CAGR of 2.5 percent, reaching around EUR 5.1 billion in revenues in 2017.

Tags: service mobile fall dutch

 

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