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Orange raises FY outlook after return to growth in Q3
2015-10-22 08:31:00| Telecompaper Headlines
(Telecompaper) Orange reported a return to organic revenue growth in the third quarter, with revenues up 0.5 percent year-on-year to EUR 10.284 billion. That compares to falls in comparable revenue of 0.2 percent in Q2 and 0.9 percent in Q1. The improvement was driven by a 1.2 percent rise in mobile service revenue, led by the Africa and Middle East activities, and 0.5 percent growth in the enterprise segment. The French operator reported adjusted EBITDA of EUR 3.557 billion for the quarter, up 1.1 percent on a comparable basis, and the margin increased by 0.2 percent points from a year ago to 34.6 percent. Capital expenditure was up 7.6 percent to EUR 1.563 billion, or 15.2 percent of revenue. Thanks to the stronger results and completion of the takeover of Jazztel in Spain, Orange raised its target for full-year adjusted EBITDA to at least EUR 12.3 billion, from earlier guidance of EUR 11.9-12.1 billion. This also takes into account the consolidation of Meditel and sale of Orange Armenia. The company reiterated a medium-term target of net debt at 2x EBITDA, leaving the door open for further acquisitions.
Sales struggles continue for Coca-Cola Co in YTD
2015-10-21 15:02:00| Daily beverage news and comment - from just-drinks.com
The Coca-Cola Co has reported a further dip in sales for the third quarter.
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Life in the fast lane: supercar sales in Scotland up 50% in two years
2015-10-21 09:07:03| Auto Dealers - Topix.net
Sales of supercars, especially Lamborghinis and Maseratis, are on the rise in Scotland. Picture at Sytner Lamborghini, Edinburgh by Stewart Attwood SUPERCAR sales are going into overdrive in Scotland in a surge which car dealers say has not been driven by wealthy older workers cashing in their retirement savings.
Typhoon Koppu weakens, heads for Japan after killing 26 in Philippines
2015-10-21 09:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: A typhoon that dumped heavy rains on the northern Philippines, killing 26 people as it flattened houses and destroyed crops, weakened on Wednesday before heading toward southern Japan. Weather officials warned ferries and fishermen against going to sea as typhoon Koppu, packing winds of 55 kph (34 mph), moved northeast toward Japan's Ryukyu islands, at a speed of 6 kph (4 mph). Raging floodwaters and landslides in the main Philippine island of Luzon were responsible for most of the deaths,...
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Andritz To Supply Cooking Plant For Huanggang Chenming Pulp & Paper's Pulp Mill In China
2015-10-21 08:21:59| pulpandpaperonline Home Page
International technology Group Andritz has received an order from Huanggang Chenming Pulp & Paper, China, to supply the cooking plant for its greenfield pulp mill in Hubei province, China, as the company said in the press release received by Lesprom Network
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