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More concessions from kinder, cuddlier Ryanair as airline halves controversial excess baggage fee
2013-12-10 19:03:33| Airlines - Topix.net
Ryanair chief executive Michael O'Leary's hearts-and-minds mission to win back disenchanted travellers and deal with the budget airline's image problem took a further step forward yesterday as it offered passengers an "early Christmas present" of reduced baggage charges.
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Bailey-Parks Urethane Halves Hydrocyclone Production Timeline
2013-11-08 06:00:00| Industrial Newsroom - All News for Today
Polyurethane Manufacturer Acquires Custom Machine Dedicated to Oil Gas Clients<br /> <br /> Memphis, Tenn. — Bailey-Parks Urethane has purchased a specialized polyurethane processing machine dedicated to the production of hydrocyclones for the oil and gas industry. The new equipment doubles Bailey-Parks's hydrocyclone production capacity and reduces the company's turnaround time for these custom-molded parts by 50 percent.<br /> <br /> The tailor-made Max Processing Equipment machine ...This story is related to the following:ServicesSearch for suppliers of: Plastics Machinery |
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Vimpelcom net profit halves in Q3
2013-11-06 09:26:00| Telecompaper Headlines
(Telecompaper) Vimpelcom's net profit for the third quarter halved to USD 255 million from USD 538 million a year earlier, as the company suffered from competitive and regulatory pressures in key markets such as Russia, Italy and Ukraine. Revenues fell 1 percent to USD 5.685 billion, and EBITDA was down 2 percent to USD 2.474 billion. The EBITDA margin fell by half a percent point to 43.5 percent. Vimpelcom blamed the lower results on a number of government and regulatory effects, such as termination rate cuts in Italy and forced network shutdowns in Pakistan, as well as increased commercial costs in Ukraine and other markets. There was a 25 percent increase in capex to USD 1.040 billion in Q3, in part due to acquiring a 3G licence in Bangladesh. Operating cash flow fell 16 percent to USD 1.675 billion. Vimpelcom still grew its mobile customer base 5 percent year-on-year to 219 million at the end of September, mainly due to growth in Africa and Asia. CEO Jo Lunder said the group will continue to invest to support growth in mobile data services, particularly in Russia, while also taking measures to improve operations such as Ukraine.
VimpelCom Q3 profit more than halves
2013-11-06 01:00:00| Total Telecom industry news
Russian telco earnings hit by regulation, market slowdown.
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US: Rocky Brands third-quarter profit nearly halves
2013-10-31 13:49:00| Daily apparel & textile news and comment - from just-style.com
US apparel and footwear company Rocky Brands has seen its third-quarter profit nearly halve, weighed down by weaker sales and lower margins.
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