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Megafon meets FY guidance, sees weaker 2015
2015-03-11 13:50:00| Telecompaper Headlines
(Telecompaper) Russian mobile operator Megafon announced that its revenues grew by 5.9 percent in 2014 to RUB 314.8 billion, compared to the company's outlook for 6-8 percent growth. OIBDA rose by 4.5 percent to RUB 138.5 billion, and the EBITDA margin dropped by 0.6 percentage points to 44.0 percent, in line with its guidance. Net profit declined by 28.8 percent to 36.7 billion, hurt by the depreciation in the ruble. Capital expenditure grew as forecast by 19.8 percent to RUB 56.5 billion, as the operator expanded its 4G coverage. The subscriber base increased by 3 percent to 72.2 million at the end of 2014. For 2015, Megafon forecast flat sales, while the OIBDA margin will fall to as little as 40 percent. Capex will be in line with the plans announced at its IPO, for a range of RUB 165-180 billion in 2013-2015.
Tags: meets
guidance
sees
weaker
Foxtons agency sees profits up 8.2%
2015-03-11 08:36:45| BBC News | Business | UK Edition
Foxtons, the London estate agency, says 2014 profit before tax rose 8.2% to 42.1m, although the "very strong" property market has now tailed off.
Tags: agency
sees
profits
foxtons
Leamington heritage group sees red over new water tower colour
2015-03-11 04:04:51| Food - Topix.net
Leamington's Heritage Advisory Committee is objecting to a plan to paint the town's tomato-red water tower white. The town staggered by the loss of the H.J. Heinz Company may now have to envision the unthinkable: its landmark tomato-red water tower being painted white.
AT&T sees 400K postpaid net adds in Q4, driven by tablets
2015-03-11 01:00:00| Total Telecom industry news
U.S. telco will take $130 million charge linked to retirements in current quarter; retains full-year guidance.
United Airlines sees traffic to Europe shrink in February
2015-03-10 18:10:27| Airlines - Topix.net
Certainly, there was considerably less flying across the Atlantic last month on United Airlines , according to the Chicago-based carrier's just-released February operations report. United's trans-Atlantic traffic for the month plummeted 3.1 percent year over year, even as United was shrinking capacity on the route by a whopping 4.8 percent, according to the airline's February report.
Tags: february
united
europe
traffic
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