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Tag: profits
US: Coca-Cola Bottling Co Consolidated posts FY profits rise
2014-03-06 17:52:00| Daily beverage news and comment - from just-drinks.com
Coca-Cola Bottling Co Consolidated has returned to profits growth in 2013 despite extra costs from a franchise restructuring with the Coca-Cola Co.
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Lithia CEO Bryan Deboer on Used Car Profits and 2014 Targets
2014-03-06 07:57:50| AutomotiveDigest.com - Automotive Industry News
Lithia Motors saw strong performance in used vehicle sales in Q4 2013, and used vehicle sales performance has been in synchronicity with new vehicle performance. The company saw a used-to-new ratio of 0.8:1 during that quarter 13,100 retail used units and over 16,000 new vehicles in the fourth quarter. Lithia has set the target [...]The Article Lithia CEO Bryan Deboer on Used Car Profits and 2014 Targets appeared first on Automotive Digest.
Atlas Copco Says Edwards Boosted Profits After Purchase
2014-03-05 15:04:42| Appliances - Topix.net
Atlas Copco AB said British vacuum-pump maker Edwards Group Ltd., acquired in August, increased profitability last year and will further benefit from the combination with the world's largest maker of air compressors.
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Megafon Q4 profits lower on Olympics costs, Yota takeover
2014-03-05 14:53:00| Telecompaper Headlines
(Telecompaper) Russian mobile operator Megafon reported fourth-quarter revenues up 11.4 percent year-on-year to RUB 79.732 billion. Mobile service revenue rose 10.0 percent to RUB 69.109 billion, led by a 40 percent increase in data revenues to RUB 15.058 billion and the consolidation of Scartel (Yota). Wireline revenues were up 5.9 percent to RUB 4.812 billion, and equipment sales jumped 37.4 percent to RUB 5.811 billion, as smartphones reached just over 50 percent of handsets sold. OIBDA declined by 2.9 percent to RUB 30.522 billion, and the OIBDA margin dropped by 5.1 percentage points to 38.3 percent, hurt by costs for the Olympics and the introduction of number portability in Russia. The net profit decreased by 45.7 percent to RUB 10.082 billion, amid negative forex effects, higher financing costs and a one-time gain in the year-earlier period. Capital expenditure totaled RUB 23.853 billion, up by 47.8 percent on the roll out of the LTE network, which reached 39.5 percent of the population at year-end. Free cash flow over the full year was still up 16.3 percent to RUB 82.293 billion, and net debt was down 14.1 percent to RUB 102.235 billion at the end of 2013. The subscriber base totaled 70.1 million, up by 8.5 percent compared to the end of 2012. For 2014, Megafon forecast revenue growth of 6-8 percent and OIBDA margin of at least 44.0 percent. Capital expenditures will increase again in 2014, to an estimated RUB 58-64 billion.
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FRANCE: Investment lifts Carrefour FY profits
2014-03-05 10:53:00| Daily apparel & textile news and comment - from just-style.com
Carrefour, the world's second-largest retailer, today (5 March) reported higher 2013 profits as investment helped boost sales in France - with the company pledging to up capital expenditure this year.
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investment
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