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Tag: profit grows
Nokia grows quarterly profit 50%
2015-07-30 09:07:00| Telecompaper Headlines
(Telecompaper) Nokia reported second-quarter sales up 9 percent year-on-year to EUR 3.2 billion. Revenue growth came across its activities, with the Networks business up 6 percent, Here growing 25 percent and the Technologies division up 31 percent. On a constant currency basis however, group revenues fell 1 percent. Adjusted operating profit showed a strong improvement of 51 percent to EUR 521 million, including growth of 11 percent at Nokia Networks to EUR 313 million. Adjusted EPS rose to EUR 0.09 from EUR 0.06 a year ago, and reported earnings moved to a profit of EUR 0.09 per share from a loss of EUR 0.01 a year ago. Profits benefited also from a one-time gain of EUR 110 million on the sale by Nokia's venture fund of a stake in Chinese company Ganji.com. Nokia said the telecom infrastructure market remained challenging and it was highly focused on reducing costs. The company maintained its outlook for the full year, for an increase in revenues at Nokia Networks and an adjusted operating margin around the midpoint of its long-term target range of 8-11 percent. Here is also expected to grow annual sales and reach a margin of 9-12 percent, and Nokia Technologies should post a full-year margin in line with the 58 percent achieved in Q2.
Tags: profit
nokia
quarterly
grows
BlackBerry grows fiscal Q1 profit but revenue falls again
2015-06-24 02:00:00| Total Telecom industry news
Canadian smartphone maker reports surge in software, patent revenues but services, hardware still on the wane.
Tags: falls
profit
fiscal
revenue
Union Pacific 1Q profit grows 6 percent but volume slows
2015-04-23 15:49:04| Railroads - Topix.net
Union Pacific's first-quarter profit improved 6 percent but fell short of expectations as railroad shipping volume slowed 2 percent on weak coal demand and a labor dispute at West Coast ports. The Omaha, Nebraska, company reported $1.15 billion in net income, or $1.30 per share, in the first three months of the year.
Tags: volume
union
percent
profit
Sky grows 9-mth operating profit 20%
2015-04-21 08:43:00| Telecompaper Headlines
(Telecompaper) European pay-TV provider Sky reported operating profit for the nine months to March up 20 percent year-on-year to GBP 1.025 billion. Group revenues grew by 5 percent to GBP 8.453 billion, amid a 6 percent increase in UK and Ireland, 9 percent growth in Germany and stable results in Italy. Subscription revenues were up 5 percent to GBP 7.280 billion, after the company added a total 947,000 customers in the past 12 months. In the three months since its last financial report, Sky gained 241,000 customers, for a total 20.848 million at the end of March. The number of products sold rose by just over 1 million in the quarter to 53.035 million. Sky said it was making good progress with its integration process and was on track to realise GBP 200 million in synergies by the second year after merging its European operations.
Tags: operating
profit
sky
grows
Debenhams H1 profit grows as strategy takes hold
2015-04-16 14:03:00| Daily apparel & textile news and comment - from just-style.com
Department store retailer Debenhams has recorded a better-than-expected set of first-half results, after making "good progress" against its strategy to become a leading international, multi-channel brand.
Tags: hold
takes
strategy
profit
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