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Xiris Partners with Leading Spanish Supplier Euromaquina S.L.

2014-08-07 06:00:00| Industrial Newsroom - All News for Today

Burlington, Ontario, Canada &ndash; Xiris Automaton is pleased to announce that Euromaquina S.L. has been signed as its exclusive Distributor of Xiris products for the Tube and Pipe industry for Spain and Portugal. This agreement enables Euromaquina to distribute and support Xiris products with immediate focus on the WI2000p Post Weld Inspection System, used to detect quality issues related to the tube welding and forming process.<br /> <br /> A leading supplier of new and second hand ...

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ITC Packaging acquires Coveris Holdings Spanish business

2014-08-04 01:00:00| Packaging Gateway

ITC Packaging has recently acquired the Spanish business of international packaging group Coveris Holdings, Coveris Rigid Spain.

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Spanish unemployment below 25%

2014-07-24 13:07:32| BBC News | Business | UK Edition

The unemployment rate in Spain falls below 25% for the first time in two years, as the economy begins to grow.

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TeliaSonera cuts view, reviewing Spanish ops

2014-07-17 13:45:53| Appliances - Topix.net

Citing poor performance for its unit in Spain, Sweden's main telecom operator TeliaSonera AB Thursday cut its revenue outlook for the full year.

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TeliaSonera lowers revenue outlook on tough Spanish market

2014-07-17 09:29:00| Telecompaper Headlines

(Telecompaper) TeliaSonera has cut its full-year revenue outlook, due mainly to lower handset sales at its Spanish unit Yoigo. While it previously expected flat organic sales this year, it now sees a small drop compared to 2013. Organic sales fell 1.2 percent in the second quarter and were down 1.5 percent in the first half of the year. TeliaSonera still expects to maintain a stable EBITDA margin of 35 percent and spend around 15 percent of revenues on capital expenditure. In the second quarter, both reported and organic revenues (excluding currency effects, disposals and acquisitions) fell 1.2 percent to SEK 25.02 billion, due mainly to lower equipment sales. Organic service revenues were down just 0.4 percent. Adjusted EBITDA for the group fell 1.0 percent to SEK 8.84 billion, resulting in a stable margin of 35.3 percent. Due to lower income as well as asset writedowns at its Eurasia activities, net profit fell 12.1 percent to SEK 3.55 billion. 

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