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Tag: strong
Vodacom to accelerate capex after strong growth in H1
2013-11-11 09:19:00| Telecompaper Headlines
(Telecompaper) Vodacom Group posted a 6.6 percent year-on-year increase in revenue to ZAR 36.7 billion for the fiscal first half to September, reporting strong growth in its international operations and improved growth trends in South Africa. Active customers increased 9.7 percent to 53.8 million at 30 September, with net connections of 949,000 for South Africa and 2.3 million at the International operations for the six-month period. Group EBITDA grew 9.6 percent to ZAR 13.2 billion, at the top end of the mobile operator's mid-term guidance of mid to high single-digit growth. Headline earnings per share were up 10.9 percent to ZAR 4.39, and operating cash flow improved 2.5 percent to ZAR 6.3 billion. Capital investment totaled ZAR 4.9 billion, up 2.9 percent. Vodacom said it plans to step up capital spending in order to strengthen its market share. It raised its mid-term guidance for capex to 14-17 percent of revenue, from an outlook of 11-14 percent issued in May, saying this should also support growth in revenue and EBITDA. At the same time, it maintained its policy to pay out at least 90 percent of headline EPS as dividends and declared an interim dividend per share of ZAR 3.95.
Tags: strong
growth
accelerate
h1
'Strong start' for Help to Buy
2013-11-11 01:01:06| BBC News | Business | UK Edition
Royal Bank of Scotland and Halifax report a strong uptake in the first month of the government's extended Help to Buy mortgage guarantee scheme.
Auctions Places with Strong Inventory and Good Ideas
2013-11-10 04:56:27| AutomotiveDigest.com - Automotive Industry News
There should be no dead time on a vehicle with inventory available 247 upstream, mid-stream, or downstream.The Article Auctions Places with Strong Inventory and Good Ideas appeared first on Automotive Digest.
Tags: good
strong
places
ideas
Twitter Goes Public, Opens Strong
2013-11-07 22:34:18| PC Magazine Software Product Guide
Micro-blogging site Twitter is now public, listed as TWTR on the New York Stock Exchange.
Tags: public
strong
opens
twitter
Strong Capital Markets, Healthy Occupancies Produce $225M Loan for PREI
2013-11-07 19:37:00| National Real Estate Investor
The strong availability of capital enabled Prudential Real Estate Investors recent $225 million loan for office buildings in Miami and Chicago, according to the team that underwrote the deal. read more
Tags: capital
strong
produce
markets
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