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Store Brands Experience Growth

2020-04-27 20:41:42| Happi Breaking News

Private label brands gain sales during COVID-19 crisis.

NENT confirms no FY profitable growth as Q1 ad sales drop 13%

2020-04-23 09:55:00| Telecompaper Headlines

(Telecompaper) Nordic Entertainment (NENT) has formally withdrawn its outlook for profitable growth in 2020 as it announced a 2 percent drop in first quarter net sales in organic terms, with advertising revenues dropping 13 percent drop in Q1 and 25 percent in April. NENT gained 102,000 Viaplay subscribers since Q4 and it is now targeting some 400,000 net new streaming subscribers for the full year. It is planning geographical expansion for Viaplay in 2021.

Tags: sales growth drop profitable

Huawei maintains revenue growth in Q1, sales up 1.4% to CNY 182 bln

2020-04-21 11:46:00| Telecompaper Headlines

(Telecompaper) Huawei said results for the first quarter were in line with expectations, despite the effects of the coronavirus pandemic. The company said its business is continuing as usual and provided some figures. Revenues for the quarter rose 1.4 percent from the year before to CNY 182.2 billion, while the net profit margin was 7.3 percent.

Tags: sales growth revenue maintains

Netflix subscriber growth accelerates in Q1 in Netherlands

2020-04-20 15:13:00| Telecompaper Headlines

(Telecompaper) The number of Netflix subscribers in the Netherlands rose 13 percent year-on-year in the first quarter to 2.8 million*, according to research by the Telecompaper Consumer Insights panel. The company returned to double-digit growth after a slowdown in 2019.

Tags: growth netherlands subscriber netflix