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Tag: margin
Orange increases cost savings to stabilise margin
2014-07-29 08:45:00| Telecompaper Headlines
(Telecompaper) Orange reported a small improvement in its adjusted EBITDA margin for the first half of 2014, to 31.3 percent from 31.1 a year earlier, thanks to cost reductions. Revenues were still down 4.9 percent to EUR 19.59 billion, with divestments such as Orange Dominicana reducing sales by 0.8 percent and currency effects taking another 0.6 percent off revenue. On a comparable basis and excluding regulatory effects, sales fell 2.3 percent in the second quarter, a smaller drop than the 3.0 percent fall in Q1 and 3.8 percent drop in Q4. Adjusted EBITDA for the first half declined 4.3 percent to EUR 6.14 billion, and net profit dropped 26.3 percent to EUR 891 million. Orange said the results showed steady improvement in key markets such as France and Poland, as well as continued strong growth in the Middle East and Africa. The company raised its target for cost reductions this year to EUR 300 million from 250 million previously, while maintaining the outlook for adjusted EBITDA of EUR 120-12.5 billion and a stable margin in 2014. Orange moved closer to its target of net debt at 2x EBITDA with a result of 2.17 at the end of June, down from 2.37 six months earlier. Capital expenditure in the first half was up just 3.1 percent year-on-year to EUR 2.50 billion. Orange said it will pay an interim dividend of EUR 0.20 per share and a full-year dividend of EUR 0.60.
Tags: cost
orange
increases
savings
Telenor improves FY margin outlook
2014-07-23 09:13:00| Telecompaper Headlines
(Telecompaper) Telenor improved its full year outlook, saying it now expects a higher EBITDA margin this year. In the second quarter, the margin improved to 35.9 percent from 34.4 a year ago, and the figure was up 1.3 percent points over the first half of 2014. The operator maintained its forecast for low single-digit organic growth this year, after a 1.6 percent increase in Q2. Total revenues rose to NOK 26.80 billion from NOK 25.75 billion a year ago, with only Thailand, Denmark and the Broadcast division showing lower results. Adjusted EBITDA was up to NOK 9.6 billion from NOK 8.86 billion, helped by the acquisition of Globul in Bulgaria. Net profit fell to NOK 2.32 billion from NOK 3.25 billion, hurt by a number of one-time charges associated with Telenor's stake in Vimpelcom, the sale of C More and the classifieds venture with Schibsted. Capital expenditure rose to NOK 3.96 billion excluding spectrum licences, equal to 14.9 percent of revenue. Telenor slightly lowered its full-year capex outlook to 14-15 percent of revenue, after shifting plans for satellite spending to next year.
Tags: outlook
margin
improves
telenor
Telenor lifts margin outlook as data usage grows
2014-07-23 02:00:00| Total Telecom industry news
Norwegian incumbent predicts improvement in full-year EBITDA margin, retains revenue guidance.
Tags: data
usage
outlook
margin
Halliburton sees North America margin growth on ri...
2014-07-21 19:13:45| Energy - Topix.net
Halliburton Co , the world's No.2 oilfield services provider, said it expect higher margins in North America in the current quarter due to strong drilling activity, signaling an industry-wide recovery in the region after a two-year slump.
Tags: north
america
growth
north america
Halliburton sees North America margin growth on ri...
2014-07-21 16:20:25| Oil & Gas - Topix.net
Halliburton Co , the world's No.2 oilfield services provider, said it expect higher margins in North America in the current quarter due to strong drilling activity, signaling an industry-wide recovery in the region after a two-year slump.
Tags: north
america
growth
north america
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