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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. 

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Boeing delays 737 Max return date to July

2020-01-21 22:00:05| BBC News | Business | UK Edition

The plane has been grounded since March 2019 after two fatal crashes.

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Express corporate restructure aimed at return to profitable growth

2020-01-15 13:16:00| Daily apparel & textile news and comment - from just-style.com

Specialty retail company Express, Inc is restructuring its business in order to drive long-term profitable growth in a move that will impact about 10% of its workforce in its Columbus, Ohio, headquarters and its design studio in New York City.

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Bosses are wary of the return of the corporate raider

2020-01-08 01:10:14| BBC News | Business | UK Edition

Corporate raiders may now style themselves as "shareholder activists" but firms are no less worried.

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Converters Expo schedules return to Green Bay, WI

2019-12-05 18:48:00| Label and Narrow Web Breaking News

The event is designed to connect converters and packagers of paper, film and nonwovens with industry buyers, specialists and suppliers.

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