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E&P Last Word: Permians Promised Growth Could Come Down To Drops, Not Barrels

2020-03-31 15:00:00| OGI

Creative approaches to water management are helping shift the production paradigm in the Permian Basin.

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Xiaomi profits fall in Q4 on marketing push to boost overseas growth

2020-03-31 14:04:00| Telecompaper Headlines

(Telecompaper) Xiaomi reported revenues for the fourth quarter of 2019 up 27.1 percent year-on-year to CNY 56.5 billion. Net profit for the period fell to CNY 2.4 billion from CNY 3.4 billion a year earlier, after a sharp rise in marketing and promotional spend to boost sales outside China. 

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Huawei maintains revenue growth of over 19% in 2019, sees more difficult 2020

2020-03-31 11:08:00| Telecompaper Headlines

(Telecompaper) Huawei reported revenues of CNY 858.8 billion (USD 123 billion) for 2019, up 19.1 percent. Net profit rose a slower 5.6 percent to CNY 62.7 billion, and operating cash flow increased 22.4 percent to CNY 91.4 billion. 

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Altice France meets FY targets as EBITDA growth accelerates to 19.6% in Q4

2020-03-25 10:24:00| Telecompaper Headlines

(Telecompaper) Altice Europe posted fourth-quarter results ahead of market expectations after revenue and EBITDA growth accelerated in its core market of France. The group met its full-year free cash flow objective, as EBITDA from the French operations slightly exceeded 2019 guidance. For 2020, it expects to generate higher revenues and EBITDA, targeting faster residential revenue growth in its key geographies.

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Iliad revenue growth improves to 11% in Q4

2020-03-17 10:20:00| Telecompaper Headlines

(Telecompaper) Iliad generated group revenues of EUR 1.39 billion in the fourth quarter, up 11.0 percent year-on-year and accelerating from 8.1 percent growth in Q3. In its core French market, growth in service revenues improved for the fourth consecutive quarter, as Free returned to positive customer net additions in the mobile segment and continued to gain fixed broadband subscribers. While confirming the targets set within its 2024 Odyssey plan, the company noted that the current Covid-19 epidemic could have a negative impact on its objectives and on the wider telecom sector, noting the possibility of shortages of some electronic components and a slowdown in the pace of fixed and mobile network deployments.

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