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Orange comparable revenues dip lower in Q1 as French market struggles

2019-04-30 09:24:00| Telecompaper Headlines

(Telecompaper) Orange reported a slowdown in first-quarter results, hurt by tough competition in its main markets France and Spain. Revenues were up just 1 percent to EUR 10.195 billion, and adjusted EBITDA was up 0.7 percent to EUR 2.583 billion. Orange maintained its outlook for slower EBITDA growth and lower capex this year. 

Tags: market lower french orange

 

Telenor's results drift lower in Q1, maintains outlook for modest FY growth

2019-04-30 09:02:00| Telecompaper Headlines

(Telecompaper) Telenor reported a small increase in revenues in the first quarter, while underlying service revenue growth was flat and EBITDA lower due to continued weakness in Thailand and Myanmar. The company said it still expects a small increase over the full year, although has yet to include the Thai operation in that forecast. 

Tags: results lower growth outlook

 
 

Samsung Q1 profits fall on weak memory, display results, lower smartphone sales

2019-04-30 08:42:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics confirmed a sharp fall in profit in the first quarter, hurt by the drop in memory chip prices, losses at its display business and lower margins in smartphones after a revamp of its lower-end models. Samsung said it expects memory and display demand to improve from the second half of the year, but the smartphone and TV business will remain "challenging" due to the intense competition and uncertain economic environment. 

Tags: results sales display lower

 

VF Corp sees lower FY outlook at Kontoor Brands

2019-04-29 14:09:00| Daily apparel & textile news and comment - from just-style.com

VF Corporation is expecting full-year revenue and earnings guidance at newly spun-off denim division Kontoor Brands to be lower year-on-year, as a result of operational actions related to the separation.

Tags: lower brands corp outlook

 

Oil Prices Drop After Trump Again Tells OPEC To Lower Prices

2019-04-26 19:25:48| OGI

U.S. President Donald Trump told reporters on April 26 that he had called OPEC and told the cartel to lower crude prices, without identifying who he spoke to.

Tags: prices lower oil drop

 

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