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Tag: forex
MTN Group sees H1 profits down 10-15% on forex effects
2015-07-28 11:52:00| Telecompaper Headlines
(Telecompaper) MTN Group said it's expecting a decrease of between 10 and 15 percent in profits for the first six months of 2015, as fluctuating exchange rates hurt its bottom line. In a market update, MTN said this equates to headline EPS of ZAR 6.20-6.56. The African operator said it also expects a 10-15 percent fall in attributable earnings per share compared to the year-earlier period, giving a result of ZAR 6.21-6.58 per share. Adverse exchange rate and cross rate movements impacted both revenues and EBITDA in the period, as well as resulting in increased forex losses, MTN said.
Tags: group
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profits
Q2-2015: Forex pulls down Hasbro revenue; Licensing & Entertainment op income halves
2015-07-28 11:32:52| Toys - Topix.net
BENGALURU: American multinational toy and board game company Hasbro, Inc., reported 3.8 per cent decline in net revenue to $797.66 million in the quarter ended 28 June, 2015 as compared to the $829.26 million in the corresponding year ago quarter impacted by negative forex of $71.5 million says the company. If the forex loss was neglected, net revenue in Q2-2015 grew 4.8 per cent in the current quarter as compared to the previous quarter.
Tags: entertainment
income
revenue
licensing
ForEx slows Dr Pepper Snapple Group growth in H1
2015-07-23 16:22:00| Daily beverage news and comment - from just-drinks.com
Dr Pepple Snapple Group has reported a small increase in half-year profits, compared to a 40% leap in the same period last year.
Banks face new legal action on forex
2015-07-14 13:27:54| BBC News | Business | UK Edition
If the UKs major banks thought they were out of the woods on market-rigging, they were mistaken, as a US law firm pursues new action.
Nigeria tightens grip on forex
2015-06-24 17:44:51| BBC News | Business | UK Edition
The Nigerian central bank has imposed new foreign exchange controls to try to stem the flow of dollars out of the country
Tags: nigeria
grip
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tightens
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