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Telenor organic sales growth improves to 2% in Q2
2013-07-23 09:52:00| Telecompaper Headlines
(Telecompaper) Telenor has maintained its outlook and announced a share buyback, after reporting improved organic sales growth and margins in the second quarter. After flat sales in Q1 on an organic basis, growth improved to 2 percent in Q2, allowing the operator to maintain its guidance for 2-4 percent organic revenue growth this year. Sales totaled NOK 25.75 billion, and adjusted EBITDA improved to NOK 8.86 billion from NOK 8.06 billion a year earlier, helped by reduced losses in India and growth in Thailand, Sweden and Norway. The EBITDA margin rose to 34.4 percent from 31.8 percent, and Telenor expects a result around 34 percent for the full year. Telenor's net profit jumped to NOK 3.25 billion from NOK 2.07 billion a year ago, thanks to improved results from its stake in Vimpelcom. Telenor increased capex to NOK 3.48 billion from NOK 2.96 billion, while operating cash flow was also higher, at NOK 5.37 billion versus NOK 5.1.6 billion a year ago. The company will buy back up to 1 percent of its outstanding shares under the new buyback programme running until its AGM next year. The group maintained its guidance for annual capex at 12-14 percent of revenues this year, excluding licence and spectrum costs.
Tags: sales
growth
organic
improves
07.24.13 -- Growing Up In Clean Air Improves Pollution Resistance
2013-07-23 02:16:02| pollutiononline News Articles
07/24/13 Pollution Online Newsletter
Tags: air
growing
clean
resistance
Growing Up In Clean Air Improves Pollution Resistance Says Water And Health Researcher Sharon Kleyne
2013-07-22 03:17:37| pollutiononline News Articles
Growing up in a polluted environment does not improve one’s ability to resist the health effects and diseases of pollution
Tags: health
air
water
growing
New Honda Fit Hybrid improves fuel economy 35% over outgoing model; best hybrid (non plug-in) fuel economy in Japan
2013-07-19 14:30:23| Green Car Congress
UnitedHealth 2Q profit up as enrollment improves
2013-07-18 16:16:14| Beverages - Topix.net
UnitedHealth Group's second-quarter net income rose almost 8%, buoyed by steady enrollment growth.
Tags: profit
improves
enrollment
unitedhealth
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