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Tag: revenue rises
Ooredoo Group net profit rises by 10% in 2019 on stable revenue, customer base broadens by 2%
2020-02-14 09:20:00| Telecompaper Headlines
(Telecompaper) Ooredoo Group has announced that its net profit for the year ended 31 December 2019 increased by 10 percent to QAR 1.73 billion from QAR 1.57 billion in 2018. There was an increase in EBITDA and a more favorable foreign exchange environment compared with 2018, but IFRS 16 had a negative effect on net profit. Revenue was stable at QAR 29.92 billion compared with QAR 29.93 billion, in spite of the industry-wide shift from voice to data consumption, lower handset sales and macroeconomic and currency weakness in some markets.
Ooredoo Group H1 net profit rises 22%, revenue down 4%, customer base shrinks 12%
2019-07-30 09:22:00| Telecompaper Headlines
(Telecompaper) Ooredoo group net profit increased by 22 percent to QAR 841 million in the first six months of 2019 from QAR 689 million in the same period of 2018, partially aided by a favourable forex environment and offset by a negative IFRS 16 impact. EBITDA increased by 2 percent year on year to QAR 6.3 billion, with a corresponding EBITDA margin of 44 percent supported by a positive effect from the new IFRS 16 accounting standards.
Maroc Telecom Group H1 revenue rises nearly 1%, maintains target for stable FY revenue
2019-07-22 10:02:00| Telecompaper Headlines
(Telecompaper) Maroc Telecom Group's revenues increased by 0.8 percent to MAD 17.94 billion in the first half of 2019 thanks to business growth in Morocco, which offset the decline in mobile call termination rates and incoming international revenue at subsidiaries. It ended the half year with nearly 63 million subscribers, up 3.9 percent on the same period the previous year.
Tags: group
target
stable
revenue
Tele2 Q2 revenue drops 2%, underlying EBITDA rises 3% as Com Hem consolidation progresses
2019-07-17 10:10:00| Telecompaper Headlines
(Telecompaper) Tele2 has reported a 2 percent decline in second quarter group revenue to SEK 6.79 billion, with end-user service revenue falling by 1 percent to SEK 5.08 billion. Net profit was SEK 2.1 billion, boosted by the capital gain from the sale in Kazakhstan but dented by goodwill impairment in Estonia. In Sweden, the Com Hem integration is progressing, and it reached its FY run-rate synergy target after only six months.
Tags: hem
revenue
underlying
consolidation
Vodacom Group FY revenue rises 4.3% to ZAR 90.1 bln, customers up 5.8%, net profit dips
2019-05-13 09:52:00| Telecompaper Headlines
(Telecompaper) Vodacom Group said its revenue increased by 4.3 percent to ZAR 90.1 billion in the year ended 31 March. It ended the fiscal year with 110 million customers, up by 5.8 percent. Operating profit rose 1.1 percent to ZAR 24.51 billion, or 7.4 percent excluding a one-off, non-cash IFRS 2 charge of ZAR 1.4 billion and transaction costs of ZAR 124 million relating to the BEE deal. Net profit decreased slightly to ZAR 15.44 billion from ZAR 15.56 billion in 2018.
Tags: net
group
customers
profit
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