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Tag: growth
Quest turns to PLM for international growth
2015-10-27 11:33:00| Daily apparel & textile news and comment - from just-style.com
South American clothing retailer Quest has selected Centric Software to provide its product lifecycle management (PLM) software.
Tags: international
growth
quest
turns
UK economic growth slows to 0.5%
2015-10-27 10:45:31| BBC News | Business | UK Edition
The UK economy grew by 0.5% between July and September, Office for National Statistics says, a slower pace than had been expected.
Tags: growth
economic
economic growth
slows
ZTE nine-month revenue up 17% on mobile network growth
2015-10-27 01:00:00| Total Telecom industry news
Carrier business sees 22.4% jump in revenue, but the handset business slides 9%.
Tags: network
mobile
growth
revenue
Festival season auto sales India - double digit growth reported
2015-10-26 15:35:13| Auto Dealers - Topix.net
Besides these automakers, Renault, Toyota and Tata Motors also reported increase in sales during the Navratra - Dusshera period. While this trend is expected to continue through Diwali in November, continued momentum post the festive period is also expected.
Tags: auto
sales
double
reported
Maroc Telecom accelerates growth in Q3
2015-10-26 09:01:00| Telecompaper Headlines
(Telecompaper) Maroc Telecom Group recorded third-quarter revenues up 4.8 percent on a like-for-like basis, thanks to a return to growth in Morocco (+3.3%) and accelerating International growth (+8.7%). Its customer base reached 51 million at 30 September, up 29 percent year-on-year, thanks to the acquisition of new subsidiaries from its parent Etisalat. EBITDA was up 5.1 percent on a like-for-like basis thanks to Morocco's EBITDA resumed growth (+1.6%) and the strong increase in International EBITDA (+13.2%). Over the first nine months of the year, revenues rose 16.6 percent to MAD 25.5 billion, and EBITDA was up 6.2 percent to MAD 12.76 billion. Net profit fell 6.2 percent to MAD 4.32 billion due to higher costs for the acquisition and consolidation of the new subsidiaries. Operating cash flow in the year to date was MAD 7.03 billion, 9.4 percent less than the same period the previous year as a result of the payment of the 4G licence in Morocco (MAD 910 million) and the renewal of the 2G licence in Mauritania for MAD 301 million. Excluding licences, cash flow was up 6.2 percent, as the 61 percent increase at the International activities more than offset the 12 percent decrease in Morocco. The Group's International activities posted revenues of MAD 10.22 billion, up 60.3 percent as a result of the group's broader scope and up by 6.5 percent on a like-for-like basis. The historical subsidiaries increased revenue 7.9 percent at constant exchange rates, and the newly acquired subsidiaries grew by 4.6 percent on the same basis. Third-quarter revenues from the International activities were up 8.7 percent, driven by the acceleration in growth at the new subsidiaries (+11.4%), impelled mainly by strong performance in the Ivory Coast and Niger.
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