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Telecom Italia service revenues down 5.7% in Q3 on wholesale losses and competition, cuts debt

2019-11-08 09:28:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) reported a 5.7 percent year-on-year decline in third quarter service revenues to EUR 4.06 billion compared to falls of 0.4 percent, 2.5 percent and 2.9 percent in the previous three quarters, attributed mainly to a significant reduction in international wholesale contracts, partly offset by a 3.0 percent year on year rise in revenues at its TIM Brasil unit. The group's EBITDA after leases was down 4.3 percent to EUR 1.9 billion in the three months ending September compared with the same period of last year, though the margin inched up 0.7 percentage points to 44.6 percent thanks to cost containment initiatives.

Tags: service italia competition debt

 

PrimaLoft cuts carbon emissions in insulation production

2019-11-07 10:11:00| Daily apparel & textile news and comment - from just-style.com

Outdoor apparel specialist Patagonia will be the first brand to use insulation produced using the new PrimaLoft PURE manufacturing technique said to reduce carbon emissions by as much as 48%.

Tags: production carbon cuts emissions

 
 

New pork cuts unlock profit from a third of the carcase

2019-11-05 11:32:00| ThePigSite - Industry News

Innovative butchery has developed 35 new pork cuts from the front section of the carcase, which accounts for around a third of it.

Tags: the of profit cuts

 

Forever 21 Plans to Close About 60 Fewer Stores After Rent Cuts

2019-11-01 14:58:00| National Real Estate Investor

Rent concessions from landlords will help Forever 21 keep down its planned store closings.

Tags: after close stores plans

 

Frac Spread: Natural Gas Spike Cuts Into Margins

2019-10-31 16:45:20| OGI

NGL prices static as commodity traders remain unimpressed with progress on China trade deal.

Tags: natural gas spread cuts

 

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