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SPI Group sees US, Canada sales chief depart
2015-05-20 12:05:44| Daily beverage news and comment - from just-drinks.com
SPI Group's US & Canada sales head has left the company in the wake of a structural shake-up.
Tags: group
canada
sales
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UPDATE 2-Merck KGaA sees AZ deal and forex countering weak drug sales
2015-05-20 02:15:32| Biotech - Topix.net
The recent takeover of high-tech chemicals maker AZ Electronic Materials and a strong U.S. dollar will help Merck KGaA to counter a drop in revenue from its best-selling drug this year, it said on Tuesday. However, shares in the company dropped 1.7 percent, the biggest decline on Germany's blue-chip DAX index, as analysts' expressed concern at a 15.9 percent fall in currency-adjusted sales of multiple sclerosis treatment Rebif -- its biggest medicine -- in the first quarter of this year.
Vodafone sales trend improves, sees stable EBITDA in new yr
2015-05-19 08:17:00| Telecompaper Headlines
(Telecompaper) Vodafone Group reported a return to organic service revenue growth of 0.1 percent in its fiscal fourth quarter to March. Underlying revenues in Europe were down 2.4 percent year-on-year, while its AMAP region grew by 6.0 percent. Over the full year, organic service revenues were still down 1.6 percent, led by a 4.7 percent fall in Europe. Reported revenues grew 10.1 percent to GBP 42.23 billion, helped by the acquisitions of Ono in Spain and KDG in Germany, and the operator met its target for adjusted EBITDA, at GBP 11.7 billion for the year. Net profit from continuing operations fell 48.2 percent to GBP 5.86 billion, and EPS was down 90.3 percent to 21.75 pence, due to a number of charges for deferred tax assets and the gain the year earlier on selling the stake in Verizon Wireless. For the new fiscal year, Vodafone forecast organic EBITDA of GBP 11.5-12.0 billion and positive free cash flow after all capex, but before M&A, spectrum and restructuring costs. In the past year, free cash flow on the same basis reached GBP 1.09 billion. Capital expenditure is estimated at GBP 8.5-9.0 billion, reflecting the second year of Project Spring investment. In the past year, capex was up 45.7 percent to GBP 9.2 billion. Vodafone also proposed a final dividend of 7.62 pence per share, up 2.0 percent, and said it tends to continue to grow dividends per share annually.
JBS Sees Sharp Rise in Profits
2015-05-19 02:00:00| ThePigSite - Industry News
BRAZIL – Brazilian based beef and food processing giant JBS has reported a 57.6 per cent rise in operating profit, EBIDTA, for the first quarter of the year reaching R$ 2.76 billion (reais).
US: survey sees gasoline at highest price since November 2014
2015-05-18 11:14:38| Energy - Topix.net
In the United States, where gasoline prices have gone down tremendously over the latter half of last year, the trend is reversing today, with average prices of gasoline growing to their highest mark since November. The situation has been triggered by a recent rally across the global oil market in a bid to reach higher valuations ahead of the upcoming summer driving season.
Tags: price
november
highest
survey
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