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Cisco raises dividend as profits improve despite 4% fall in revenue

2020-02-13 08:32:00| Telecompaper Headlines

(Telecompaper) Cisco reported revenues for its fiscal second quarter to January down 4 percent year-on-year to USD 12.0 billion, in line with its outlook. The company forecast a further decline of 1.5-3.5 percent in the current quarter. Profits were still higher in Q2, and Cisco raised its quarterly dividend by 3 percent to USD 0.36 per share.

Tags: in improve fall revenue

 

NENT lifts Q4 sales as Viaplay subscribers rise 25% in 2019, reports negative EPS but plans higher dividend

2020-02-04 09:57:00| Telecompaper Headlines

(Telecompaper) Nordic Entertainment Group (NENT) has reported a rise in fourth quarter net sales, driven by its Viaplay streaming service, which expanded its subscriber base by over 25 percent in 2019. Write-downs, restructuring and redundancy costs left the company with an operating and net loss. Nevertheless, the board is proposing a higher dividend.

Tags: sales reports plans higher

 
 

Telia raises dividend 4% after growth in FY results, sees lower cash flow in 2020

2020-01-29 09:33:00| Telecompaper Headlines

(Telecompaper) Telia Company increased its annual dividend by 3.8 percent to SEK 2.45 per share, after meeting its outlook for an increase in full-year cash flow. The company forecast lower cash flow in the coming year on an expected increase in capex. 

Tags: in results lower growth

 

Telenor offers higher dividend after drop in profit in 2019, sees return to underlying EBITDA growth in 2020

2020-01-29 08:52:00| Telecompaper Headlines

(Telecompaper) Telenor has increased its dividend by 4 percent to NOK 8.7 per share, despite a drop in net profit over the past year due to divestments and provisions. Cash flow also turned negative after the acquisition of DNA in Finland. Underlying EBITDA fell 2.6 percent, in line with its outlook, and Telenor said it aims to return the figure to growth of 2-4 percent in the new year. Organic revenue growth is estimated flat to 2 percent higher this year, after a 1.2 percent rise in 2019. 

Tags: in return offers higher

 

Ericsson raises dividend 50% as profits improve, margins on track

2020-01-24 08:58:00| Telecompaper Headlines

(Telecompaper) Ericsson announced a 50 percent increase in its dividend to SEK 1.50 per share, after reporting full-year results it says are on track to meet its medium and long-term targets. For the fourth quarter, the company posted sales up 4 percent to SEK 66.4 billion, and the adjusted operating margin more than doubled to 9.7 percent, close to its target of 10 percent for 2020.

Tags: on track improve ericsson

 

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