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Weak UK postpay market sees Dixons Carphone lower profit forecast

2017-08-24 10:36:00| Telecompaper Headlines

(Telecompaper) Dixons Carphone has warned of a drop in profits in the current financial year as it faces a challenging postpay UK mobile phone market. In a trading statement, the group said it now expects profit before tax of GBP 360-440 million for the year to April 2018, down from GBP 501 million last year.

Tags: market lower profit weak

Airline shares lead FTSE 100 lower

2017-08-18 10:21:55| BBC News | Business | UK Edition

Shares in airlines fall as investors worry about the impact of the Barcelona terror attack on tourism.

Tags: lower lead shares airline

Telstra to lower dividend as investment accelerates

2017-08-17 11:41:00| Telecompaper Headlines

(Telecompaper) Australian operator Telstra reported total income from continuing operations of AUD 28.2 billion for financial year 2017, an increase of 4.3 percent year-on-year. EBITDA increased 2.0 percent to AUD 10.7 billion, while basic earnings per share on a reported basis increased 2.8 percent to 32.5 cents. On a guidance basis, Telstra said it increased total Income by 4.3 percent and EBITDA by 4.5 percent. Excluding the proceeds from the FY16 sale of Autohome, net profit increased 1.1 percent on a reported basis from continuing operations.

Tags: lower investment dividend accelerates