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SES trims 2020 financial targets, explores separate capital structure for Networks business

2020-03-02 12:04:00| Telecompaper Headlines

(Telecompaper) The announcement coincided with the release of SES' financial results for 2019. The group met its EBITDA objective but revenues came short of expectations as the Video business line failed to close an important contract. At constant currency, full-year EBITDA decreased 5.5 percent on 2018 to EUR 1.22 billion, as revenues contracted 3.8 percent to EUR 1.98 billion. Free Cash Flow before financing activities fell to EUR 826.3 million from EUR 870.5 million a year earlier.

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AT&T announces new financial growth targets to calm shareholder concerns

2019-10-28 13:49:00| Telecompaper Headlines

(Telecompaper) AT&T has announced new financial targets for the coming three years, following pressure from shareholders such as Elliott Management to rethink its strategy. The aim is to grow revenues 1-2 percent per year, improve margins through cost savings and divest more assets in order to boost free cash flow and shareholder returns while reducing debt. While two new directors will be appointed in the next two years, AT&T maintained its commitment to Randall Stephenson as CEO, who will stay on through 2020 at least. 

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Ericsson scales back financial targets on RAN market slump

2017-11-08 15:13:00| Telecompaper Headlines

(Telecompaper) Ericsson has scaled back its financial targets as the contraction in the mobile network market is not expected to relent until 2020 when 5G sales start. At its Capital Markets Day, the company said it will focus on profitability over growth in the near term.

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Ahlstrom Announces Financial Targets

2016-01-29 06:00:00| Nonwovens Industry Breaking News

Goal to get operating margin above 8% by 2018.

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Sonoco Details 2016 Financial Targets, Strategic Priorities

2015-12-04 20:44:55| Paper - Topix.net

HARTSVILLE, S.C., Dec. 04, 2015 -- In a release issued under the same headline today by Sonoco , please note that in the first paragraph under " Strong Cash Flow, Free Cash Flow Forecasted ," the ratio of 1.6 times should be EBITDA ratio, not total capitalization ratio as previously stated. The corrected release follows: Sonoco President and Chief Executive Officer Jack Sanders and members of the Company's senior leadership team today provided the investment community in New York with an overview of the Company's financial outlook and strategic priorities.

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