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Coca-Cola Co "transition" year continues as Q1 sales rise, profits fall
2015-04-22 14:57:00| Daily beverage news and comment - from just-drinks.com
The Coca-Cola Co has seen its first-quarter numbers provide welcome relief, with sales and volumes both holding firm as profit declines slowed.
Tesco has "nightmare" year as profits plummet
2015-04-22 12:06:00| Daily apparel & textile news and comment - from just-style.com
UK retail giant Tesco has published what analysts have described as "a nightmare year" after it revealed a significant reduction in UK trading profit, the worst result in its 96-year history.
Tags: year
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tesco
Telekom Austria Q1 revenues down 2%, profits improve
2015-04-22 11:01:00| Telecompaper Headlines
(Telecompaper) Telekom Austria reported first-quarter revenues down 2.0 percent year-on-year to EUR 956 million, as an improved performance in Austria and Croatia was offset by weaker results elsewhere. Excluding currency effects, notably in Belarus, revenues were stable, the company said. Comparable EBITDA was up 5.8 percent to EUR 338.5 million, helped by better results in Austria and Belarus as well as a one-time settlement gain of EUR 20 million in Slovenia. Net profit jumped to EUR 93 million from EUR 41 million a year ago. The group maintained its outlook for full-year revenues up around 2 percent, capex of EUR 700-750 million and a dividend of 5 cents a share. In the first quarter, capex rose 21.8 percent to EUR 121 million, and operating cash flow increased 82.8 percent to EUR 272 million. Net debt reduced by 4.3 percent compared to the end of 2014 to EUR 2.58 billion or 2.0 times annual EBITDA.
Tags: improve
austria
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Sky profits boosted by strong demand
2015-04-21 09:34:08| BBC News | Business | UK Edition
Pay-TV broadcaster Sky reports a 20% rise in operating profits, helped by strong demand for its services across Europe.
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demand
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profits
Jockey Club profits stay firm in 2014
2015-04-21 00:00:11| BBC News | Business | UK Edition
The Jockey Club, which runs 15 UK racecourses, says profits dropped slightly last year, but turnover and prize money increased.
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