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3 Group grows FY results on Italian merger, despite small drop in customer base
2018-03-16 09:59:00| Telecompaper Headlines
(Telecompaper) 3 Group reported a solid rise in annual results in 2017, despite a small drop in its customer base. The company blamed the customer losses on new definitions for inactive subscribers after the merger of Wind and Tre in Italy and "intense competition for lower value customers" in Wind Tre's base.
Vodacom Group quarterly revenue grows 5.8% to ZAR 19.9 bln
2016-07-21 10:56:00| Telecompaper Headlines
(Telecompaper) Vodacom Group's revenue increased by 5.8 percent to ZAR 19.9 billion for the quarter ended 30 June compared to ZAR 18.81 billion in the same period in 2015. Service revenue rose by 7.3 percent to ZAR 16.81 billion.
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Vodacom Group H1 revenue grows 6.4%, EBITDA increases 13%
2015-11-09 08:43:00| Telecompaper Headlines
(Telecompaper) Vodacom Group reported 6.4 percent increase in its revenue for six months ended 30 September to ZAR 39.96 billion. Group EBITDA rose 13.0 percent year-on-year to ZAR 14.7 billion, and the margin was up 2.1 percent points to 36.7 percent. Group operating profit increased 7.8 percent to ZAR 10.17 billion, mainly due to EBITDA growth, partly offset by higher depreciation and amortisation. Capital expenditure rose to ZAR 6.22 billion from ZAR 5.88 billion in 2014, driven by rapidly expanding LTE coverage and increasing speeds. Headline earnings per share were up 6.0 percent to ZAR 4.40. The group declared a ZAR 3.95 interim dividend per share, up 5.3 percent from a year ago. Vodacom said its markets continue to be highly competitive, and regulatory and macroeconomic risks remain. EBITDA growth will not likely be sustained at the high rate of 13 percent in the second half. The second half will carry high costs for publicity and network and capability development in fibre and content. Year-over-year growth will be impacted by the stronger performance in the second half of last year where profitability stepped up as a result of efficiency initiatives. Also, there is a further reduction in MTR in South Africa from October, which will have a slightly negative effect on Vodacom's margin in the second half.
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3 Group grows H1 EBITDA 20%
2015-08-25 10:34:00| Telecompaper Headlines
(Telecompaper) The 3 Group reported first-half revenues down 2 percent year-on-year to HKD 30.573 billion, hurt by negative currency effects. EBITDA still rose 20 percent to HKD 7.778 billion, and EBIT more than doubled, to HKD 4.924 billion from HKD 2.282 billion a year earlier. The mobile operator finished the period with 25.542 million active customers, up 2 percent compared to the end of 2014. Its net active ARPU, which excludes device payments, increased over the same period by 3 percent to EUR 17.69. 3's parent CK Hutchison said the company benefited from the acquisition of O2 Ireland and improved service margins in the UK. Excluding currency effects, service revenue rose 15 percent year-on-year and EBITDA was up 40 percent. The EBITDA margin improved to 32 percent from 26 percent in the year-earlier period. Capital expenditure, excluding licences, increased slightly to HKD 5.056 billion, while operating cash flow jumped 67 percent to HKD 2.722 billion.
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SENER Group Grows Again in 2014
2015-06-09 15:40:00| Naval Technology
The engineering and technology group SENER ended 2014 with a turnover of 1,315.7 billion Euros; an increase of 8.02% over the previous year.
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