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Last week in telecoms: double digit losses for Iliad and Play, double digit gains for Drillisch, United Internet and Gamma

2019-09-09 07:00:00| Telecompaper Headlines

(Telecompaper) The European telecoms sector underperformed the general market in week 36. Iliad and Play suffered double digit losses and not all M&A related news pushed the market towards consolidation. The Italian market remains the embodiment of competition, with all mobile operators beating the promotion drum. Our European Telecoms Services index was up 0.5 percent for the week as a result of a few steep gains, at 1&1 Drillisch, United Internet and Gamma Communications. The EuroStoxx 50 index was up 2.0 percent.

Tags: internet united week play

 

Arcadia Group reveals extent of last year's losses

2019-09-06 16:04:00| Daily apparel & textile news and comment - from just-style.com

Arcadia Group, owner of the Topshop and Miss Selfridge brands, swung to a massive loss last year, blaming the challenging global retail market for a slide in sales.

Tags: years group extent losses

 
 

Iliad improves revenue growth in France on better mix, customer losses continue

2019-09-03 09:10:00| Telecompaper Headlines

(Telecompaper) Iliad improved its revenue growth to 8.4 percent in the first half of 2019, saying its new strategy started in 2018 is paying off. Service revenues increased 7.9 percent to EUR 2.486 billion, including growth of 0.7 percent in its home market France. The company also announced a new joint venture for its FTTH business in France with the infrastructure investor InfraVia.

Tags: france customer continue growth

 

Yet another Chinese pig producer reports swine fever losses

2019-08-27 11:20:00| ThePigSite - Industry News

Chinese pig producer COFCO Meat Holdings Ltd fell to a first-half loss of 276 million yuan ($38.9 million) from a small profit a year ago, as falling hog prices and spending to protect against disease eroded profits.

Tags: reports chinese losses producer

 

HTC narrows losses in Q2 after launch of 5G hub, VR services

2019-08-12 11:25:00| Telecompaper Headlines

(Telecompaper) HTC reported revenues of TWD 2.8 billion for the second quarter, less than half the TWD 6.8 billion recorded a year earlier. However, the company said its gross margin continued to improve, reaching 20.3 percent compared to 14.7 percent in Q1, and the operating loss reduced to TWD 2.5 billion from TWD 2.7 billion in the previous quarter. 

Tags: services launch losses hub

 

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