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Alibaba shows strong global growth

2016-08-11 17:53:41| BBC News | Business | UK Edition

China's Alibaba has seen a sharp increase in international sales, a sign that it is finally making strides outside its home turf.

Tags: global shows strong growth

 

3 Group organic revenue growth slows to 1% in H1

2016-08-11 10:49:00| Telecompaper Headlines

(Telecompaper) CK Hutchison reported a slowdown in growth at 3 Group Europe in the first half of 2016, hurt by negative currency effects and slower customer growth. Revenues fell 1 percent year-on-year to HKD 30.165 billion and were up only 1 percent in local currency. EBITDA increased 9 percent to HKD 8.492 billion, slowing from 12 percent growth in 2015. Excluding currency effects, EBITDA rose 12 percent, which the company attributed to the increase in net customer service margin, continued cost synergies realised at 3 Ireland and good cost management in other operations. 3 Europe ended June with 26.8 million active customers, up by around 700,000 from the end of 2015.

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Deutsche Telekom maintains FY growth outlook, Q2 sales up 2%

2016-08-11 08:15:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom reported second-quarter revenues up 2.2 percent year-on-year to EUR 17.8 billion, led by the customer growth at T-Mobile US. On an organic basis, adjusted for exchange rate effects, revenue increased by 3.9 percent. DT said its decision to reduce the low-margin handset distribution business in Germany took around 0.7 percent off revenue. Adjusted EBITDA increased by 8.6 percent to EUR 5.5 billion and rose 9.9 percent on an organic basis. The improvement in EBITDA was partially offset by higher depreciation and amortization, mainly as a result of the further roll-out of LTE and handset leasing the US. This led to a drop in net profit to EUR 621 million from EUR 712 million a year ago. Free cash flow fell 4.0 percent to EUR 1.3 billion, hurt by no more dividends from EE, and an increase of 3.5 percent in capital expenditure to EUR 2.664 billion, excluding spectrum. Deutsche Telekom said the positive development in the second quarter supports its guidance for the full year.

Tags: up sales growth deutsche

 

China Mobile 1H profit up 5.6% on 4G customer growth

2016-08-11 02:00:00| Total Telecom industry news

More than half of the operator's total mobile subscriber base is connected to 4G.

Tags: customer china mobile growth

 

Retail Sales of Food and Drinks Specialists in Canada: Market Size, Growth and Forecast to 2020

2016-08-11 02:00:00| Beverage industry market research - from just-drinks.com

Verdict Retail's, "Retail Sales of Food and Drinks Specialists in Canada: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics on retail sales from 2010 to 2020

Tags: to size canada sales

 

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