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Netflix adds 8.8 mln subscribers in Q4, amid lower profit and record negative free cash flow

2019-01-18 09:16:00| Telecompaper Headlines

(Telecompaper) Netflix added 8.84 million paid subscribers in the fourth quarter, including 7.31 million outside of the US. The total number of customers now amounts to 139 million. Expenses for original content went to EUR 3.78 billion for the quarter and EUR 13.0 billion for all of 2018. Netflix kept its margin expectations and showed it wants to make its own films just as successful as its own series. Revenues for the quarter rose by 27 percent, but profit fell due to sharply higher spending on marketing, R&D and interest. Cash outflow increased due to increased investments in original content.

Tags: free record lower cash

 

Mothercare blames negative press as H1 losses widen

2018-11-22 11:18:00| Daily apparel & textile news and comment - from just-style.com

Mothercare saw its share price slump nearly 7% this morning (22 November) as the beleaguered UK retailer revealed mounting losses and lower UK sales, which it blamed on negative press coverage and refinancing.

Tags: press negative losses widen

 
 

Veon sees underlying growth improve despite negative forex effects

2018-11-08 08:00:00| Telecompaper Headlines

(Telecompaper) Veon raised its full-year outlook, forecasting stronger growth in underlying revenue and EBITDA after a good third quarter. Reported results were still down in Q3 due mainly to negative currency effects, and the forex impact will also make its free cash flow target of USD 1 billion for the year "slightly challenging", the company said. 

Tags: improve effects growth negative

 

US determines negative injury in PET resin probe

2018-10-31 12:11:00| Daily apparel & textile news and comment - from just-style.com

The US International Trade Commission (ITC) has reached a negative injury determination in the anti-dumping investigations on imports of polyethylene terephthalate (PET) resin from Brazil, Indonesia, Korea, Pakistan, and Taiwan.

Tags: pet negative injury determines

 

Report finds says negative emissions technologies need to play a large role in mitigating climate change

2018-10-29 10:57:04| Green Car Congress

Tags: report change large play

 

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