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Telia lifts FY outlook after higher Q3 EBITDA, unveils Common Products, Services unit amid slow Swedish turnaround

2018-10-19 09:39:00| Telecompaper Headlines

(Telecompaper) Telia Company has revised its forecast for full year adjusted EBITDA upwards after a 1.8 percent year-on-year rise in third quarter local currencies and a 6.4 percent increase in reported currency to SEK 6.98 billion. Adjusted EBITDA is growing in six out of seven countries, with Finland, Norway and its central units the main drivers. Telia said it is "not happy" with the pace of turnaround in Sweden and will move some platforms and staff to a new Common Products and Services unit.

Tags: services products common higher

 

America Movil improves EBITDA growth to 8% in Q3, revenues up 2%

2018-10-17 08:52:00| Telecompaper Headlines

(Telecompaper) America Movil improved EBITDA growth to 7.7 percent in the third quarter, to MXN 71.8 billion, driven by improved margins in Brazil. Revenues rose a slower 2.1 percent to MXN 250 billion. At constant exchange rates, EBITDA increased 13.0 percent year-on-year and revenue was up 3.4 percent.

Tags: up america growth revenues

 
 

Alibaba grows quarterly revenues 61%, EBITDA growth slows on investment costs

2018-08-23 13:28:00| Telecompaper Headlines

(Telecompaper) Alibaba Group reported another quarter of strong revenue growth, while profits were under pressure from investments and acquisitions. Revenues rose 61 percent year-on-year in the three months to June to CNY 80.92 billion (USD 12.23 billion). Adjusted EBITDA was up a slower 17 percent to CNY 29.36 billion, leading to a sharp fall in the margin to 36 percent. 

Tags: costs growth investment quarterly

 

Deutsche Telekom Q2 results fall on forex effects; underlying EBITDA improves

2018-08-09 08:22:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom reported a small fall in second-quarter results, hurt by the stronger euro against the dollar. Revenues fell 2.8 percent to EUR 18.4 billion, and adjusted EBITDA was down 0.3 percent to EUR 5.9 billion. On an organic basis, revenues rose 1.3 percent, and adjusted EBITDA improved 3.9 percent. The German operator increased its forecast for full-year growth in adjusted EBITDA, thanks to the strong performance at T-Mobile US. 

Tags: results fall effects deutsche

 

3 Group underlying revenues down 2% in H1, EBITDA improves

2018-08-02 10:59:00| Telecompaper Headlines

(Telecompaper) 3 Group reported revenues for the first half of 2018 of HKD 36.12 billion, up 9 percent from a year earlier. In local currencies, revenues fell 2 percent, including a 4 percent fall in service revenue. EBITDA rose 14 percent to HKD 12.8 billion, and was up 3 percent in local currencies, while EBIT of HKD 7.5 billion was little changed, as network investments led to higher depreciation and amortisation.

Tags: group underlying revenues improves

 

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