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Alibaba growth continues with sales up 42% in June quarter

2019-08-15 15:43:00| Telecompaper Headlines

(Telecompaper) Alibaba reported a strong increase in profits and 42 percent growth in revenues in the company's fiscal first quarter to June, showing little impact from the slowing Chinese economy. Sales rose 42 percent year-on-year to CNY 114.9 billion (USD 16.7 billion), adjusted EBITDA increased 34 percent to CNY 39.2 billion, and net profit jumped to CNY 21.3 billion from CNY 8.7 billion a year ago.

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Orange returns to underlying sales growth in Q2

2019-07-25 09:00:00| Telecompaper Headlines

(Telecompaper) Orange reported a return to comparable sales growth in Q2, as a small recovery in its home market France and continued growth in Africa and the Mideast offset the tough conditions in the Spanish market. Comparable sales were up 0.5 percent year-on-year, as reported revenues increase 2.0 percent to EUR 10.388 billion. 

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Nokia sales growth improves to 7% in Q2

2019-07-25 08:21:00| Telecompaper Headlines

(Telecompaper) Nokia reported a better second quarter compared to Q1, with revenues up 7 percent and the operating loss reducing. The network equipment supplier said the strong quarter was driven by 5G demand and solid operational execution, and the company maintained its outlook for full-year results. 

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Essity Posts Sales Growth in Q2

2019-07-18 16:39:00| Nonwovens Industry Breaking News

Personal care sales up more than 6%

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Store growth boosts Primark sales

2019-07-04 11:32:00| Daily apparel & textile news and comment - from just-style.com

The expansion of its store portfolio both at home and abroad has helped UK value clothing retailer Primark to higher sales in the first ten months of the year.

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