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Sky Deutschland moves to net profit as Q1 sales up 10%
2014-11-03 09:05:00| Telecompaper Headlines
(Telecompaper) Sky Deutschland reported revenues for its fiscal first quarter up 10 percent year-on-year to EUR 431 million. Growth was led by an increase in the customer base, while ARPU was stable at around EUR 34 per month. Sky added a net 96,000 subscribers in the quarter, for a total 3.908 million at the end of September. Customer retention efforts helped reduce quarterly churn to 8.6 percent from 12.5 percent a year ago. EBITDA for the three months to September jumped 86 percent to EUR 54 million, and the net result moved to a profit of EUR 12 million versus a loss of EUR 14 million a year ago. Sky said it increased HD users by 75,000 to 2.311 million, and Sky+ users rose by 105,000 to 1.786 million. The number of customer sessions on Sky Go grew by 43 percent year-on-year to 26 million in Q1. Sky published its results a day earlier than scheduled to coincide with the expiry of BSkyB's extended bid for the company. The companies expect the acquisition to close by mid-November. The German provider reiterated its outlook for the 2014/15 financial year, for subscriber net growth of 400,000 to 450,000, EBITDA of EUR 80-110 million and a continued strong increase in revenues.
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Sonos Play 1 brings price down, keeps sound quality up
2014-11-02 01:18:30| Wireless - Topix.net
The Sonos controller software runs on a variety of platforms. You can send music in your personal collection that's available on local devices or shared libraries.
No festive cheer for car makers, industry expects to end up in red
2014-11-01 22:38:51| Auto Dealers - Topix.net
Car sales in the festive month of October have been a dampener, with the overall industry surprisingly expected to end up in the red after five straight months of growth since May this year. Market leader Maruti Suzuki posted just a 1% growth to 97,069 units, though it said retail sales have been relatively better at 10%.
DSM thermoplastics suited for lightweight tanks for CNG, H2; weight reduction up to 70%
2014-10-31 15:55:32| Green Car Congress
MDA Q3 net earnings cut in half to $21.5M; revenue up at $506.6M
2014-10-31 05:52:42| IT Services - Topix.net
MacDonald, Dettwiler and Associates Ltd. is reporting a big decrease in third-quarter net profit even as revenues improved sharply to $506.6 million. MDA, which provides space-based communications and information technology for both the government and the private sectors, says net earnings in the three month ended Sept.
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