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Tag: loss
QPR announce 65m loss for 2013
2014-03-06 15:28:47| BBC News | Business | UK Edition
Championship side QPR announce a loss of over 65m in their accounts to May 2013 and an overall debt of 177.1m
Casella Wastes Loss Shrinks Slightly in Third Quarter
2014-03-06 14:00:00| Waste Age
Casella Waste Systems Inc.s net loss shrunk slightly for its third quarter and more substantially for its nine-month period. read more
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Vimpelcom posts Q4 loss on Canada, Ukraine writedowns
2014-03-06 09:10:00| Telecompaper Headlines
(Telecompaper) Vimpelcom reported a net loss of USD 2.660 billion for the fourth quarter, versus a profit of USD 195 million a year earlier, as the company wrote down the value of its investments in Ukraine and Canada. Revenues fell 7 percent to USD 5.554 billion, while EBITDA dropped a slower 3 percent to USD 2.372 billion, helping the margin increase to 42.7 percent. Sales were down in all its divisions apart from the CIS, due to regulatory and macroeconomic pressures, negative currency effects and tough competition in markets like Italy. On an organic basis, quarterly revenues were down 4 percent in Russia, 10 percent lower in Italy, 9 percent less in Ukraine and 8 percent lower in Africa and Asia. Over the full year 2013, Vimpelcom increased capex 3 percent to USD 4.233 billion or 19 percent of revenues, as it focused on expanding its broadband networks. The capex-sales ratio is expected to increase further in 2014 to 21 percent, as the roll-out of 3G and 4G continues in key markets. Operating cash flow fell 5 percent to USD 5.386 billion in 2014, and the net debt ratio increased slightly to 2.3x EBITDA. The company reiterated its plan to sharply reduce dividends until the debt ratio drops to 2.0. Vimpelcom also maintained its outlook issued in January for stable revenues and EBITDA this year and net debt around 2.3x EBITDA at year-end.
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AUDIO: Sausage skin makers reports loss
2014-03-05 17:20:21| BBC News | Business | UK Edition
Devro, the Scottish maker of sausage skins, has reported a fall profits from 39.3m to 37.5m.
AIB reports reduced loss for 2013
2014-03-05 09:04:42| BBC News | Business | UK Edition
Allied Irish Bank (AIB) reports a 1.7bn euros (1.4bn) loss for 2013, an improvement on its 2012 performance.
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