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TeliaSonera lowers revenue outlook on tough Spanish market
2014-07-17 09:29:00| Telecompaper Headlines
(Telecompaper) TeliaSonera has cut its full-year revenue outlook, due mainly to lower handset sales at its Spanish unit Yoigo. While it previously expected flat organic sales this year, it now sees a small drop compared to 2013. Organic sales fell 1.2 percent in the second quarter and were down 1.5 percent in the first half of the year. TeliaSonera still expects to maintain a stable EBITDA margin of 35 percent and spend around 15 percent of revenues on capital expenditure. In the second quarter, both reported and organic revenues (excluding currency effects, disposals and acquisitions) fell 1.2 percent to SEK 25.02 billion, due mainly to lower equipment sales. Organic service revenues were down just 0.4 percent. Adjusted EBITDA for the group fell 1.0 percent to SEK 8.84 billion, resulting in a stable margin of 35.3 percent. Due to lower income as well as asset writedowns at its Eurasia activities, net profit fell 12.1 percent to SEK 3.55 billion.
Tags: market
spanish
revenue
outlook
Six Places in the U.S. That Are Tough on Development
2014-07-16 21:52:00| National Real Estate Investor
Susan Piperato The ease with which a developer can move from vacant land or empty building to a whole new property varies from one location to another, depending on a particular place's economy, location, regulation and, well, quirks. read more
Tags: on
development
places
tough
Real estate industry in for another tough six months
2014-07-16 06:42:25| Real Estate - Topix.net
The real estate industry is yet to recover from a largely slow business year, with the last six months proving a rather difficult period.
Tags: real
estate
months
industry
Cast Steel Chain handles tough traction applications.
2014-07-10 14:31:00| Industrial Newsroom - All News for Today
Available with 63.5 mm pitch and with or without TAB, C600 Cast Steel Chain is suitable for applications that involve pulling or conveying heavy loads, such as moving barrels, bulk containers, gas bottles, and cage pallets. Threaded pins in connecting link facilitate closing and unclosing of chain. For additional corrosion protection, galvanized, zinc-plated version is available. This story is related to the following:Mechanical Components and AssembliesSearch for suppliers of: Steel Chains
Tags: applications
cast
chain
steel
VIDEO: Tough Mudder: A great away day?
2014-07-08 12:17:26| BBC News | Business | UK Edition
It is perhaps not everyone's idea of team bonding or your company away day, but the founder of Tough Mudder is banking annual revenues of more than $100m (58m).
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