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Telenor organic sales up 1.5%, EBITDA margin improves

2014-05-07 08:59:00| Telecompaper Headlines

(Telecompaper) Telenor reported organic sales growth of 1.5 percent in the first quarter, in line with its full-year outlook for growth in the low single digits. The growth was led by its activities in south Asia, which accounted for the bulk of the around 6 million mobile customers added in the quarter. Telenor's total revenues rose to NOK 26.52 billion from NOK 24.712 billion a year earlier, with growth in all markets except Thailand. Adjusted EBITDA improved to NOK 9.30 billion from NOK 8.42 billion, thanks to improvements in Asia and Sweden. The EBITDA margin rose to 35.1 percent from 34.1 a year ago, and Telenor said it still expects a stable margin over the full year. Net profit was up slightly, to NOK 3.68 billion from NOK 3.60 billion. Capital expenditure jumped to NOK 6.60 billion from NOK 2.87 billion due to NOK 2.9 billion for the licence in Myanmar, while operating cash flow was stable, at NOK 5.60 billion. Telenor said it was an "encouraging" start to the year. It will continue to focus on growth through mobile data services, as well as returning to revenue growth in Thailand and increasing returns in Norway. The capex budget was maintained at 16 percent of annual sales, excluding spectrum and licence fees.

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API: Margin Of Safety Is Necessary In Final Ethanol Mandate

2014-05-02 06:32:49| oilandgasonline News Articles

In aletter(http://www.api.org/news-and-media/news/newsitems/2014/apr-2014/~/media/Files/News/2014/14-April/API-Letter-McCarthy-4-29-14.pdf)released recently, API asked EPA to build in an adequate margin of safety when setting the final ethanol mandates for 2014 because projections of gasoline demand often miss the mark:

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UPDATE 2-3D Systems gross margin slips, shares slide

2014-04-30 02:07:03| Electronics - Topix.net

3D Systems shares fell as much as 11 percent, making the stock one of the top losers on the New York Stock Exchange on Tuesday morning.

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Hydraulic Institute Develops New Webinar on Rotodynamic Pumps: Guidelines for NPSH Margin

2014-04-29 06:00:00| Industrial Newsroom - All News for Today

HI has collaborated with Arnie Sdano, Chief Engineer at Pentair Flow Technologies and associated HI committee members in developing a new technical webinar that focuses on NPSH and its relationship to cavitation and other pump operation. Scheduled for June 2, 2014, Rotodynamic Pumps: Guidelines for NPSH Margin webinar instructs participants on how to calculate available NPSH, understand how insufficient NPSHA will affect pump operation, and what NPSH margin is needed to ensure longevity. This story is related to the following:Trade Associations

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