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Telenor organic sales up 5% in Q4, margins under pressure
2015-02-11 09:25:00| Telecompaper Headlines
(Telecompaper) Telenor reported a strong final quarter for 2014, led by demand for smartphones and mobile data, and said it expects the organic growth to continue in 2015. Quarterly revenues rose 5 percent on an organic basis, and annual revenues were up 3 percent, in line with the company's outlook. Total revenues increased to NOK 29.11 billion in Q4 from NOK 26.33 billion a year earlier, benefiting from forex effects and the takeover in Bulgaria, as well as underlying growth at all oeprations expect Dtac in Thailand and the broadcast division, where it sold the unit Conax. Adjusted EBIDTA rose to NOK 9.09 billion from NOK 8.74 billion. Telenor said profitability was held back somewhat by handset subsidy costs, after it sold 1.5 million smartphones in the quarter. As a result, the EBITDA margin fell to 31.2 percent from 33.2 a year ago. The company's net result moved to a profit of NOK 1.77 billion from a loss of NOK 2.02 billion a year ago thanks to fewer one-time charges, and Telenor increased its dividend to NOK 7.30 per share for 2014 from 7.0 the previous year. For 2015, the operator targets mid-single digit organic revenue growth and an EBITDA margin of 33-35 percent, compared to over 35 percent in the past two years. Capex is expected at a similar ratio to sales as the 15.8 percent in 2014, excluding the costs of the broadcasting satellite.
Tags: under
sales
pressure
organic
Modular Pressure Switches Feature Easy Field Setting
2015-02-10 17:46:59| Chemical Processing
Switches are available in a range of configurations.
Tags: easy
field
feature
setting
Solenoid Valves feature max pressure of 10,000 psi.
2015-02-10 14:31:37| Industrial Newsroom - All News for Today
Constructed of stainless steel, SVH-111/SVH-112 Series is used to control flow of high pressure air, water, hydrogen, nitrogen, and other gases or light liquids. Direct acting solenoid valves are normally closed units that open when energized and close when de-energized. With temperature range of -350 to 400°F, NEMA 4 and 7 rated valves are also suitable for high pressure manufacturing as well as fuel cell and cryogenic applications.
Tags: max
feature
pressure
psi
E.U. to Exert 'Maximum Pressure' in Seeking Emissions Cuts
2015-02-09 14:50:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The European Union will exert "maximum pressure" to extract by June at the latest pledges from major economies to cut greenhouse-gas emissions, a document seen by Reuters says. Mindful of the failure of its 2009 climate summit in Copenhagen, the United Nations is preparing ahead of time for a U.N. conference that from late November will try to forge a new global climate deal. It will be hosted by EU nation France, giving the 28-country bloc particular reason to want a successful outcome. A...
Tags: maximum
pressure
seeking
cuts
Compact Modular Pressure Switches serve hydraulic applications.
2015-02-06 14:30:55| Industrial Newsroom - All News for Today
Available in diverse configurations, CE-compliant PSW8 series features facilitated field setting with hex 5 allen screw. Low pressure ranges feature diaphragm pressure switch design, while higher pressure ranges feature compact piston design. Generally targeting stationary or mobile hydraulic applications, these products can be used in factory automation, balers, compactors, overload controls, machine tools, hydraulic power packs, railway, and marine applications.
Tags: applications
serve
pressure
compact
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