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Telia raises dividend 4% after growth in FY results, sees lower cash flow in 2020

2020-01-29 09:33:00| Telecompaper Headlines

(Telecompaper) Telia Company increased its annual dividend by 3.8 percent to SEK 2.45 per share, after meeting its outlook for an increase in full-year cash flow. The company forecast lower cash flow in the coming year on an expected increase in capex.

Tags: in results lower growth

Telenor offers higher dividend after drop in profit in 2019, sees return to underlying EBITDA growth in 2020

2020-01-29 08:52:00| Telecompaper Headlines

(Telecompaper) Telenor has increased its dividend by 4 percent to NOK 8.7 per share, despite a drop in net profit over the past year due to divestments and provisions. Cash flow also turned negative after the acquisition of DNA in Finland. Underlying EBITDA fell 2.6 percent, in line with its outlook, and Telenor said it aims to return the figure to growth of 2-4 percent in the new year. Organic revenue growth is estimated flat to 2 percent higher this year, after a 1.2 percent rise in 2019.

Tags: in return offers higher

Apple beats quarterly outlook with growth in iPhones, wearables, services

2020-01-29 08:08:00| Telecompaper Headlines

(Telecompaper) Apple performed better than expected in its fiscal first quarter to December. Revenues rose 9 percent year-on-year to a record USD 91.8 billion, ahead of its guidance thanks to strong growth over the holidays and growth in services, wearables and iPhones. Net earnings increased 19 percent to USD 4.99.

Tags: services growth apple quarterly

Juniper Networks Q4 results up ahead guidance, sees further growth in 2020

2020-01-28 08:44:00| Telecompaper Headlines

(Telecompaper) Juniper Networks reported better-than-expected results for the fourth quarter and announced a 5 percent increase in its quarterly dividend. The company forecast a small annual increase in results for the first quarter and "modest" growth over the full year in 2020.

Tags: results growth networks ahead