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Tag: raises
Size and fit prediction company True Fit raises $25m
2016-07-19 13:12:00| Daily apparel & textile news and comment - from just-style.com
A Boston-based start-up that is building a data platform to try to help online retailers provide better fit and size recommendations has secured $25m in its latest funding round.
Telenor trims sales, capex outlook, raises EBITDA target
2016-07-19 08:35:00| Telecompaper Headlines
(Telecompaper) Telenor has lowered its annual sales growth outlook and improved its EBITDA margin target, after a mixed performance across its operations in Q2. Revenues rose slightly to NOK 32.48 billion from NOK 31.41 billion a year ago, with growth held back by difficult market conditions in Thailand and Malaysia. Organic mobile service revenue was up 4 percent, while handset sales were lower. The company now expects to report organic revenue growth of just 1-2 percent over the full year, compared to its previous forecast of 2-4 percent. However, Telenor raised its EBITDA margin target to around 35 percent, from 33-34 percent previously, after an improvement in Q2 to 35.5 percent from 34.1 a year ago. Total EBITDA rose to NOK 11.55 billion from NOK 10.70 billion, helped by the contribution from Myanmar, which is already reporting positive cash flow. T
Tags: sales
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raises
Li-ion startup Cadenza Innovation raises $5+M in oversubscribed Series A; ex Boston Power team
2016-07-18 18:56:19| Green Car Congress
Tags: power
team
series
boston
Yum Brands raises profits outlook ahead of China spin-off
2016-07-14 02:23:07| BBC News | Business | UK Edition
Yum Brands, parent company of fast-food chains KFC and Pizza Hut has reported $3bn of sales for the second quarter.
Tags: china
brands
ahead
outlook
Telefonica raises 322m from China Unicom stake sale
2016-07-11 02:00:00| Total Telecom industry news
Spanish incumbent cuts shareholding by 1.5% as part of its debt-reduction plan.
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