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Tag: growth
Adidas rises outlook amid double-digit Q2 growth
2016-07-28 13:34:00| Daily apparel & textile news and comment - from just-style.com
German sporting goods giant Adidas Group has raised its full-year guidance after posting a 21% rise in second-quarter sales, helped by the early termination of its sponsorship deal with English football club Chelsea FC.
Tags: growth
outlook
adidas
rises
Samsung Q2 results up on growth in high-end smartphones
2016-07-28 08:18:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics reported a strong increase in second-quarter results, led by the success of its high-end smartphones, and said it expects demand to improve further in the second half of the year. In line with its preliminary report, Samsung said sales rose 5 percent year-on-year to KRW 50.94 trillion, and operating profit was up to KRW 8.14 trillion from KRW 6.90 trillion a year ago. Net profit increased to KRW 5.85 trillion from KRW 5.75 trillion. Sales growth was strongest at its semiconductor division, up 6 percent to KRW 12.00 trillion, while mobile remained the largest division, up 2 percent to KRW 26.07 trillion. Consumer electronics sales also rose 3 percent, to KRW 11.55 trillion on demand for UHD and large-screen TVs, and the division showed a sharp improvement in operating profit, to KRW 1.03 trillion from KRW 0.21 trillion a year ago. Operating profit at the mobile division jumped to KRW 4.32 trillion from KRW 2.76 trillion a year ago, while profits from semiconductors were lower year-on-year.
Tags: results
growth
samsung
smartphones
Telefonica organic growth slows in Q2
2016-07-28 07:59:00| Telecompaper Headlines
(Telecompaper) Telefonica reported a fall in second-quarter results, hurt by negative currency effects, while underlying growth slowed from Q1. Revenues dropped 7.7 percent to EUR 12.723 billion, and OIBDA fell 7.1 percent to EUR 3.918 billion. On an organic basis, the company reversed the growth of the first quarter and saw a 0.2 percent fall in revenues, and OIBDA organic growth slowed to 0.8 percent from 3.1 percent in Q1. The OIBDA margin rose to 30.8 percent from 30.5 a year ago. Net profit more than halved, to EUR 693 million from EUR 1.556 billion. The weaker growth was apparent in all of Telefonica's European markets, where it has started to consolidate O2 UK again, as well as some Latin American markets. Total service revenue was up 1.5 percent year-on-year on an organic basis, led by a 16 percent increase in non-SMS mobile data revenues. Mobile data traffic rose 50 percent year-on-year, driven by more LTE customers, which now make up 19 percent of the total mobile base.
Tags: growth
organic
q2
telefonica
U.S. Office Sector Enjoys Steady Q2 Leasing Momentum Even as Rent Growth Slows, Sales Stall
2016-07-28 03:32:00| National Real Estate Investor
Randyl Drummer <news@costar.com> The U.S. office market continued its steady momentum in the second quarter, recording 39.4 million square feet of net absorption in the first six months of 2016. read more
Tags: office
sales
growth
rent
BT posts underlying revenue growth, but EE sales slide
2016-07-28 02:00:00| Total Telecom industry news
U.K. incumbent presents solid Q1 figures, confirms full-year outlook; new mobile unit posts lower revenues than in year-ago quarter.
Tags: sales
posts
growth
revenue
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