Home growth accelerates
 

Keywords :   


Tag: growth accelerates

Telefonica organic growth accelerates to 2.8% in Q3

2014-11-12 08:48:00| Telecompaper Headlines

(Telecompaper) Telefonica reported an acceleration in organic growth in the third quarter, helped by stabilising results in its home market Spain and solid growth in key Latin America markets such as Brazil and Mexico. Revenue rose 2.8 percent on an organic basis to EUR 13.02 billion, and adjusted OIBDA was up 0.8 percent to EUR 4.27 billion. The company attributed the organic growth to a 14.1 percent rise in sales at Telefonica Hispanoamerica and 25.3 percent increase in mobile data revenues. On a reported basis, the figures were still 7.4 and 8.7 percent lower respectively, due to negative currency effects and the sale of operators in Ireland and Czech Republic. The company's net profit declined 13.0 percent to EUR 947 million. Telefonica increased capital expenditure 26.2 percent in the first nine months of the year to EUR 5.74 billion, as part of efforts to improve customer experience and network quality. This left operating cash flow at EUR 6.56 billion. Net debt was reduced by EUR 2.6 billion in the last quarter to EUR 41.20 billion. Since then the acquisition of E-Plus in Germany and the sale of the stake in China Unicom and the rest of O2 Czech republic resulted in net debt increasing to EUR 44.88 billion, or 2.52 times annual OIBDA. Executive chairman Cesar Alierta said the company was preparing the ground for future growth, with the completion of the E-Plus deal and acquisition of GVT in Spain. The operator reiterated its forecast for full-year organic revenue growth of around 0.4 percent and the dividend. 

Tags: growth organic q3 telefonica

 

ZTE sales growth accelerates to 24% in Q3

2014-10-23 12:22:00| Telecompaper Headlines

(Telecompaper) ZTE reported third-quarter net profit up 191 percent from a year earlier to CNY 703 million. Revenue growth accelerated to 24 percent in Q3, from just 0.5 percent in H1, led by over 40 percent growth in handset sales. ZTE also posted growth in revenue from carrier network equipment, including 4G systems, and telecommunications software systems. Total sales reached CNY 21.1 billion. Net profit in the fist nine months of the year rose 232 percent from a year earlier to CNY 1.83 billion, in line with the company's outlook. For the full year, ZTE forecast net profit of CNY 2.5-2.8 billion, equal to annual growth of 84-106 percent. ZTE said it experienced strong growth in its operations in Europe, North America and China, as the company focused on key products including LTE, 100G optical networks, GPON, high-performance network routers and premium smartphones. The company also claimed the top spot in the LTE market in its home market China. 

Tags: sales growth q3 accelerates

 
 

Verizon revenue growth accelerates to 5.7% in Q2

2014-07-22 13:37:00| Telecompaper Headlines

(Telecompaper) Verizon saw its annual revenue growth accelerate to 5.7 percent in the second quarter, to USD 31.5 billion, helped by continued strength at its mobile activities. Cost control help operating profit jump 17.2 percent from a year earlier to USD 7.7 billion, and the margin improved to 24.4 percent from 22.0 a year ago. The adjusted EBITDA margin improved to 37.6 percent from 35.9 in Q2 2013, and adjusted EPS rose to 91 cents from 73 cents a year ago. This excludes a one-time gain of USD 434 million or 10 cents per share for the sale of 700 MHz band licences. Verizon Wireless drove the increase sales, with mobile revenues up 7.5 percent year-on-year to USD 21.5 billion. Retail service revenues grew 5.3 percent to USD 17.3 billion, helped by a 4.7 percent increase in postpaid ARPU to USD 159.73 per month. The wireless EBITDA margin on service revenues rose to 50.3 percent from 49.8 percent a year earlier. In the wireline market, revenues rose 0.3 percent year-on-year to USD 9.8 billion, the first increase in seven years. The 5.3 percent growth in the consumer market was offset by a continued drop in business revenues. The wireline EBITDA margin reached 23.2 percent, compared with 22.2 percent in Q2 2013. The operator maintained its full-year guidance for capital expenditure of USD 16.5-17.0 billion, after USD 8.5 billion in H1. Verizon also still expects revenue growth of around 4 percent and a higher adjusted EBITDA margin this year. 

Tags: growth revenue verizon q2

 

Tele2 accelerates mobile revenue growth to 7% in Q2

2014-07-16 08:57:00| Telecompaper Headlines

(Telecompaper) Tele2 reported second-quarter sales down 1 percent from a year earlier to SEK 6.343 billion. Revenues were hurt by lower fixed-line sales and cuts to termination rates, offsetting a 7 percent increase in mobile service revenue, driven by demand for data services. Excluding exchange rate effects, revenue fell 3 percent. EBITDA was also down 1 percent, to SEK 1.466 billion, while net profit jumped to SEK 818 million from SEK 369 million. The latter was helped by a valuation gain of 363 million on a put option on its Kazakhstan operation, after the local currency was devalued and Tele2 provided additional financing. Tele2 added a net 250,000 new customers in the quarter, for a total 13.439 million at the end of June. Following the recently announced sale of its Norwegian activities, Tele2 updated its full-year guidance. The sales forecast was cut to SEK 24.8-25.2 billion from SEK 30.0 billion, impacted also by the currency devaluation in Kazakhstan and lower handset sales. 

Tags: mobile growth revenue q2

 

UK: Clothing retail sales growth accelerates in May

2014-05-29 14:56:00| Daily apparel & textile news and comment - from just-style.com

Sales growth at UK clothing retailers accelerated in May, with this increase set to be even higher next month, new figures suggest.

Tags: may sales growth clothing

 

Sites : [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] next »