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Liberty Global starts USD 1 bln share buyback plan amid lower Q4, with continued customer losses

2020-02-14 09:24:00| Telecompaper Headlines

(Telecompaper) Liberty Global said revenues for the fourth quarter slid 0.5 percent to USD 2.982 billion, pulled down by contractions in Switzerland, Belgium and UK/Ireland. Mobile revenue increased 5.2 percent to USD 429.9 million but was not able to offset cable revenue falling 0.9 percent to USD 1.902 billion. The operating cash flow (OCF) declined a bit over 4 percent to USD 1.273 billion with OFCF (OCF after tax) down 18.2 percent to USD 433.4 million. The operating profit meanwhile increased 11.2 percent to USD 282.5 million. For the full year, revenues dipped 0.6 percent lower to USD 11.541 billion, with OCF off 3.1 percent to USD 4.859 billion, OFCF up 34.5 percent to USD 1.979 billion and the operating profit going 11.2 percent lower to USD 745.5 million.

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News Release: Boones Ferry restoration and bridge project to benefit fish, wildlife, people; full road closure starts in late March for up to seven months

2020-02-13 00:34:26| PortlandOnline

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Google starts appeal against 2bn shopping fine

2020-02-12 01:29:09| BBC News | Business | UK Edition

The case of Google versus the European Commission will be heard in Luxembourg over three days.

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2020 Hyundai IONIQ Electric offers 37% more driving range, starts at $33,045

2020-01-29 09:55:40| Green Car Congress

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Champagne Lanson starts 2020 with GTR executive change

2020-01-17 17:18:00| Daily beverage news and comment - from just-drinks.com

Champagne Lanson has confirmed a switch in its Global Travel Retail operations, with Olivier de la Giraudire leaving the company after 15 years.

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