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Rok Drinks looking to add to German beer stable

2015-04-29 17:23:00| Daily beverage news and comment - from just-drinks.com

Rok Drinks has said it is on the hunt for a second brewery in Germany having bought a stake in Aktienbrauerei Kaufbeuren two years ago.

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Orange has strong additions, stable revenue, EBITDA in Q1

2015-04-28 08:52:00| Telecompaper Headlines

(Telecompaper) Orange reported strong customer additions in the first quarter, with revenue and EBITDA nearly stable, excluding the effect of regulatory measures. Revenue declined by 0.9 percent on a comparable basis to EUR 9.67 billion, reflecting an improving trend in Europe mainly related to mobile equipment and services, with continued steady growth in Africa and the Middle East. A focus on cost reduction has allowed Orange to halve the decline in stated EBITDA to EUR 55 million in the first quarter, compared to a EUR 120 million decline in the year-earlier period, on a comparable basis. The continuing fibre rollout saw Capex rise by 3 percent to EUR 1.19 billion, or 12.3 percent of revenue. Orange's revenue in Europe, including France, declined by 1.4 percent on a historical basis to EUR 9.67 billion in the first quarter. In Africa and the Middle East it rose by 10.8 percent to EUR 1.12 billion, but in Enterprise it declined by 1.3 percent to EUR 1.55 billion. Orange had 188.2 million mobile customers at the end of March, up 6.2 percent (11 mln net additions) on a comparable basis. The group had 100.6 million mobile customers in Africa and the Middle East, up 11.3 percent (10.2 mln). Orange Money customers shot up by 48 percent to 13.3 million. Orange group confirmed its target of EUR 11.9 to 12.1 billion restated EBITDA for this year, with net debt to EBITDA at around 2x. The board confirmed the divided of EUR 0.60 per share for 2015, with a EUR 0.20 interim dividend to be paid by the end of the year. The balance of the 2014 dividend, EUR 0.40 per share, will be paid on 10 June.

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Orange reports stable Q1 numbers

2015-04-28 02:00:00| Total Telecom industry news

French operator reaffirms full-year targets, says it will pursue 'selective acquisitions' in existing markets.

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Innovative Solutions for Stable Cleaning Processes of Superior Efficiency and Sustainability

2015-04-24 12:31:12| Industrial Newsroom - All News for Today

Filderstadt / Germany  At this year's parts2clean trade fair in Stuttgart, Dürr Ecoclean will present the innovative EcoCVac dry cleaning system for an energy-saving intermediate cleaning of powertrain components. Moreover, new developments in the fields of aqueous and solvent-based cleaning will be presented. All...

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S&P upgrades outlook on Tata Power to Stable

2015-04-22 17:57:18| Steel - Topix.net

The agency said it sees the Tata Group-promoted utility's cash flows and liquidity to improve on likely approval for compensatory tariffs for its Mundra project and once it receives the proceeds from its 30 per cent stake sale in the Arutmin coal mine in Indonesia for $ 500 million. "Tata Power's cash flows and liquidity are therefore likely to improve slower than we expected over the next 12 months.

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