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Microsoft growth continues with Q4 sales up 13%, net profit falls on store closure costs
2020-07-23 08:50:00| Telecompaper Headlines
(Telecompaper) Microsoft reported another quarter of double-digit revenue growth, led by demand for its cloud services. Revenues rose 13 percent year-on-year to USD 38.0 billion in its fiscal fourth quarter to June, and operating profit was up 8 percent to USD 13.4 billion. Net profit fell 15 percent to USD 11.2 billion or USD 1.46 per share, due to a one-time charge of USD 450 million to shut down its shops and a large tax benefit in the year-earlier period.
B&Q owner sees sales soar in lockdown DIY boom
2020-07-22 11:31:43| BBC News | Business | UK Edition
B&Q owner Kingfisher sees sales soar in lockdown as people do more DIY.
NENT Q2 sales fall 13% but grows Viaplay subscribers, plans Viaplay expansion to 15 more countries
2020-07-22 09:55:00| Telecompaper Headlines
(Telecompaper) Nordic Entertainment Group (NENT) reported a decline in second quarter sales but said the number paying subscribers for its Viaplay streaming service grew by 206,000 during the period. Non-sports streamed minutes were up 42 percent year on year in Q2 and NENT now plans to expand Viaplay to another fifteen or more markets in the next five years or so.
Matalan moves to Q1 loss as sales slump
2020-07-21 15:59:00| Daily apparel & textile news and comment - from just-style.com
UK value clothing retailer has moved to a loss in its first-quarter and booked a slump in sales as the closure of its store estate due to Covid-19 hit results.
The Coca-Cola Co hopeful the worst has passed as Q2 sales slide 26% - results data
2020-07-21 12:30:00| Daily beverage news and comment - from just-drinks.com
The Coca-Cola Co has warned that its latest quarter will be the worst of 2020, posting a 26% decline in sales during the three-month Q2 period.
Tags: results
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