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Jaguar Land Rover posts 3.4bn loss as China demand slips

2019-02-07 16:10:33| BBC News | Business | UK Edition

The firm wrote down the value of its assets leading to a 3.4bn quarterly loss, its biggest to date.

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Swisscom posts stable revenue in 2018, sees fall in 2019

2019-02-07 10:34:00| Telecompaper Headlines

(Telecompaper) Swisscom's net revenues in 2018 amounted to CHF 11.71 billion, a slight increase of 0.4 percent year-on-year and better than its outlook for flat revenues. Annual EBITDA fell 1.9 percent to CHF 4.21 billion, in line with guidance, and the EBITDA margin was down from 36.8 percent in 2017 to 36.0 percent in 2018. For 2019, Swisscom expects net revenue to drop to around CHF 11.4 billion, EBITDA to improve to over CHF 4.3 billion and capital expenditure of around CHF 2.3 billion. 

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Ryanair posts loss amid winter competition

2019-02-04 07:59:22| BBC News | Business | UK Edition

Chairman David Bonderman will leave in summer 2020, following shareholder unhappiness.

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NTT Docomo posts small rise in 9-mth results, on track for FY targets

2019-02-01 10:14:00| Telecompaper Headlines

(Telecompaper) NTT Docomo said it's making good progress towards its full-year targets with a small increase in underlying results in the first nine months. Revenues for the nine months to December rose 1.8 percent to JPY 3.65 trillion, and EBITDA increased 2.2 percent to JPY 1.27 trillion. After a 3.5 percent reduction in capex, operating cash flow increased 5 percent to JPY 387 billion. 

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AT&T posts 4% fall in domestic telco revenues in Q4

2019-01-30 14:11:00| Telecompaper Headlines

(Telecompaper) AT&T reported a further fall in revenues from its communications business in the fourth quarter, as it lost customers across postpaid mobile, fixed voice and TV activities in the past year. Operating profit still improved, thanks to cost reductions, and overall group results were up following the growth at WarnerMedia and acquisitions. AT&T confirmed its outlook for 2019, as it looks to use the content and advertising business to restore growth in its telecom operations.

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