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Local real estate market appears stable year over year

2014-03-15 14:33:59| Real Estate - Topix.net

Overview: The annual sales for 2013 compared to 2012 showed a small decrease in the number of sales and a small increase in the dollar volume.

Tags: year real local estate

 

Numericable boosts capex on stable revenue in 2013

2014-03-12 11:27:00| Telecompaper Headlines

(Telecompaper) French cable operator Numericable reported revenue for 2013 up 0.9 percent to EUR 1.31 billion. Adjusted EBITDA was down 0.5 percent to EUR 616 million, EBIT fell 17.6 percent to EUR 256 million, and net profit declined 17.6 percent to EUR 256 million in 2013. Capex rose by 12 percent to EUR 320 million, allowing the company to pass another 400,000 homes with fibre, taking the total to almost 5.2 million households. The financial performance was in line with the company's guidance. Numericable said it's preparing to accelerate its fibre roll-out this year, with a target of upgrading 700,000 to 800,000 households to fibre by 31 December.

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Meat Prices Stable But Food Price Index on the Rise

2014-03-07 01:00:00| ThePigSite - Industry News

GLOBAL - The FAO Food Price Index rebounded in February, up more than two per cent from January as the result of increased prices for sugar, oils, cereals and dairy products; meat prices fell marginally compared to the previous month.

Tags: the index price food

 

Orange targets stable margin as revenue pressure continues

2014-03-06 08:20:00| Telecompaper Headlines

(Telecompaper) Orange reported continued pressure on results in the fourth quarter, but said it aims to stabilise its EBITDA margin and invest in new networks in 2014. Revenues for the three months December fell 6.4 percent to EUR 10.216 billion, and adjusted EBITDA was down 8.6 percent to EUR 2.867 billion. The lower results were due to regulatory measures, negative currency effects and price pressure in most of its European markets. The EBITDA margin was at 28.1 percent, down 0.7 percent points year-on-year. Over the full year, Orange posted sales down 5.8 percent and EBITDA fell 8.2 percent. Net profit nearly doubled, to EUR 2.133 billion from EUR 1.104 billion, thanks to lower impairment and depreciation charges. Capital expenditure dipped 3.2 percent to EUR 5.631 billion or 13.7 percent of revenues. Operating cash flow fell 11.4 percent to EUR 7.019 billion, but met the company's outlook for at least 7 billion. Net debt was up slightly at EUR 30.726 billion at year-end, equal to 2.37x EBITDA. Orange will pay a final dividend of EUR 0.50, but said the dividend will fall to EUR 0.60 in 2014 from a total EUR 0.80 last year. The company expects revenues to remain under pressure this year, while adjusted EBITDA Is forecast flat to lower, at EUR 12.1-12.6 billion. Excluding the sale of its operations in Dominican Republic and taking into account the continued significant cost reductions, Orange expects it EBITDA margin to stabilise this year, after reaching 30.9 percent in 2013. 

Tags: pressure orange continues stable

 

AIA Pleased with Stable and Steady Investment in Space

2014-03-04 05:00:00| Industrial Newsroom - All News for Today

According to statement made by AIA President and CEO Marion C. Blakey, AIA is pleased to see that President Obama's proposed budget request for NASA in fiscal year 2015 continues stable investment in space programs for nation’s future while also making key investments in aeronautics, science, and technology development. At $17.5 billion, request is nearly even with last year’s request and is a significant increase over the $16.6 billion NASA received in 2013 under ...This story is related to the following:Trade Associations

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