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INDIA: United Spirits posts YTD profits drop amid Q3 rally

2013-02-05 15:30:00| Daily beverage news and comment - from just-drinks.com

United Spirits has posted a fall in year-to-date net profits despite a strong third-quarter boosted by the company's premiumisation efforts.

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Arm shares up on profits growth

2013-02-05 12:12:34| BBC News | Business | UK Edition

Shares in Arm Holdings jump after the company whose chip technology powers Apple and Samsung smartphones announces a rise in profits.

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BP reports fall in full-year profits

2013-02-05 09:24:43| BBC News | Business | UK Edition

Oil giant BP reports a fall in full-year profits as it continued to settle charges related to the Deepwater Horizon disaster.

Tags: reports fall profits reports fall

 

Tele2 profits slow in Q4, sales up 4%

2013-02-05 08:50:00| Telecompaper Headlines

(Telecompaper) Tele2 reported fourth-quarter sales up 4 percent from a year-earlier to SEK 11.275 billion, while EBITDA fell 7 percent to SEK 2.672 billion. The company said profits were affected by a seasonal rise in costs, including higher handset subsidies in some more mature markets, such as Sweden and Russia. Net profit fell to SEK 565 million from SEK 1.31 billion a year earlier, due mainly to higher withholding tax on dividends from Russia. Tele2 still increased its dividend to SEK 7.10 per share from SEK 6.50 in 2011, and over the full year, free cash flow was down only slightly, to SEK 4.07 billion. After falling to SEK 5.34 billion in 2012, Tele2 plans to increase capital expenditure in 2013 to around SEK 6 billion, led by spending on 4G licences and roll-out in the Netherlands. Tele2 finished the year with a total 35.695 million mobile customers, after adding 717,000 new subscribers in the fourth quarter. Mobile growth was equally dividend over Russia and Kazakhstan, and the base also increased in the Netherlands, Germany and Norway. In the fixed-line market, the company lost 202,000 customers for a total 1.353 million, and fixed broadband customers declined by 24,000 in the three months to 1.114 million.

Tags: up sales slow profits

 

Gilead profits continue to rise on strength of HIV drugs

2013-02-05 05:42:42| Biotech - Topix.net

Gilead Sciences on Monday reported higher-than-expected quarterly profit and revenue as sales of the Foster City company's flagship HIV drugs exceeded Wall Street estimates.

Tags: continue rise strength drugs

 

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