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Tag: growth
NRF revises US retail sales forecast on slow growth
2015-07-22 15:15:00| Daily apparel & textile news and comment - from just-style.com
The National Retail Federation (NRF) has lowered its US retail sales forecast for 2015 due to unexpected slow growth during the first half, but said it expects a steady increase through the remainder of the year.
Tags: sales
growth
retail
slow
Verizon reports Q2 growth, driven by mobile, Fios
2015-07-21 15:23:00| Telecompaper Headlines
(Telecompaper) Verizon Communications reported USD 32.22 billion in operating revenue in the second quarter, up 2.4 percent on the second quarter of 2014. The operator said top-line revenue growth was driven by wireless and FiOS, with emerging revenue streams from the IoT and telematics, and continued strong cash flow. Operating profit grew 1.8 percent to USD 7.82 billion and net profit by 0.7 percent to USD 4.35 billion, for a 2 percent increase in basic earnings per common share to USD 1.04. Verizon expects a higher year-over-year revenue growth rate in the third quarter and at least 3 percent growth in the full year, both excluding revenue from AOL, which it acquired in the second quarter. Verizon Wireless had 109.5 million retail connections at the end of June, 4.7 percent more than a year earlier. Postpaid retail customers increased by 1.1 million in the second quarter and by 5.2 percent in a year to 103.7 million at the end of June. Verizon added 72,000 net new FiOS internet connections and 26,000 new FiOS video connections in the quarter to reach 6.8 million and 5.8 million, respectively.
Tags: mobile
reports
growth
driven
Camtek Penetrates Another World Leading OSAT with Its New Growth Engine: Eagle-AP
2015-07-21 12:31:15| Industrial Newsroom - All News for Today
Eagle-AP provides both 2D and 3D inspection and metrology on the same platform MIGDAL HAEMEK, Israel Camtek Ltd. (NASDAQ: CAMT, TASE: CAMT), today announced the receipt of initial orders for Eagle-AP systems, its new generation of 2D and 3D inspection and metrology system. The orders were received from a world...
Tags: world
engine
leading
growth
Paul & Shark looks to PLM to support growth
2015-07-21 11:54:00| Daily apparel & textile news and comment - from just-style.com
Luxury sportswear brand Paul & Shark has selected Centric Software's product lifecycle management (PLM) software to help manage growth and international expansion.
Tags: support
paul
growth
shark
Tele2 revenue growth continues in Q2, EBITDA turns lower
2015-07-21 08:42:00| Telecompaper Headlines
(Telecompaper) Tele2 reported continued revenue growth in the second quarter on its expansion in the mobile market, while profits fell due to the costs of launching its own network in the Netherlands and restructuring. Total revenues rose 4 percent to SEK 6.611 billion, led by a 7 percent rise in mobile service revenues to SEK 3.324 billion. EBITDA fell to SEK 1.393 billion from SEK 1.470 billion a year ago, and the margin dropped to 21 percent from 23. In addition to lower profits from fixed services, EBITDA was hurt by losses in the Netherlands mobile business for the roll-out of its own network there and SEK 71 million in charges for the earlier announced 'Challenger' programme to reduce costs. Net profit dropped to SEK 309 million from SEK 802 million a year ago, when the company had a positive one-off of SEK 363 million from the valuation of a put option in Kazakhstan. Capital expenditure jumped to SEK 1.134 billion from SEK 850 million in the year-earlier period, amid increased investments in mobile networks in the Netherlands, Sweden and Kazakhstan. Free cash flow was a negative SEK 268 million, little changed from a year ago. Tele2 maintained its outlook for mid single-digit growth in mobile service revenue this year and total revenues of SEK 25.5-26.5 billion. EBITDA is expected to reach SEK 5.8-6.0 billion in 2015, and capital expenditure will total SEK 3.8-4.0 billion. Restructuring costs for the Challenger programme are expected at around SEK 200 million.
Tags: lower
growth
continues
revenue
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