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Veeco sales rise, loss shrinks as new product kicks in
2015-08-04 01:22:59| Semiconductors - Topix.net
A file photo taken Feb. 23, 2012 shows an electrical engineering manager, Ramon Garcia, simulating working on an ion beam etching system at Veeco in Plainview on Feb. 23, 2012. Photo Credit: Chris Ware A file photo taken Feb. 23, 2012 shows an electrical engineering manager, Ramon Garcia, simulating working on an ion beam etching system at Veeco in Plainview on Feb. 23, 2012.
Coats Group swings to substantial H1 loss
2015-08-03 17:02:00| Daily apparel & textile news and comment - from just-style.com
Industrial thread and textile crafts business Coats Group Plc swung to a first-half loss of US$41.5m, hurt by currency headwinds and lower revenues at its crafts division.
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Currency headwinds widen Deckers Brands Q1 loss
2015-07-31 17:31:00| Daily apparel & textile news and comment - from just-style.com
Apparel and footwear group Deckers Brands has said currency headwinds will impact margins for the full year, after reporting a steeper first-quarter loss.
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Columbia Sportswear lifts outlook despite Q2 loss
2015-07-31 17:02:00| Daily apparel & textile news and comment - from just-style.com
US outdoor apparel and footwear specialist Columbia Sportswear has raised its full-year guidance, despite seeing its second-quarter loss widen.
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Colt posts H1 loss on restructuring charges
2015-07-31 09:20:00| Telecompaper Headlines
(Telecompaper) Colt reported first-half revenue up 2.6 percent year-on-year to EUR 790.8 million. Excluding currency effects, revenue declined 1.3 percent as the acquisition of KVH was more than offset by the company's exit from low-margin carrier voice trading contracts. EBITDA of EUR 156.4 million was up 7.6 percent, thanks to the takeover in Asia and the restructuring programme in 2014. At constant currency rates, EBITDA grew 6.7 percent. Colt recorded a pretax loss of EUR 13.0 million versus a profit of EUR 13.6 million a year ago due to EUR 128.4 million in one-time costs, including an impairment charge of EUR 87.1 million for exiting the IT Services business, restructuring of EUR 32.2 million and EUR 9.1 million for vesting options after Fidelity's buy-out offer for the company. Free cash outflow narrowed to EUR 7.3 million from EUR 29.1 million in the year-earlier period, thanks to improved EBITDA and working capital, and reductions in capital expenditure. Colt said its shareholders will vote on the Fidelity offer 11 August.
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