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Tag: operating
French pay-TV losses hurt Vivendi's Q2 operating profit
2016-08-26 09:13:00| Telecompaper Headlines
(Telecompaper) Vivendi reported results for the second quarter below analysts' expectations, posting a year-on-year drop in EBITA of 41.5 percent to EUR 174 million. This negative performance was mainly driven by the ongoing losses of its pay-TV unit Canal Plus in France, which the company intends to redress with a EUR 300 million cost reduction plan, aimed to reach breakeven in France in 2018. Vivendi's Q2 adjusted net income dropped 3.1 percent to EUR 187 million on a comparable basis, while revenue declined to EUR 2.55 billion. Universal Music, Vivendi's second largest business unit, saw its profitability measures improve in the second quarter, with EBITA up 10.8 percent year-on-year. Conversely, performance at Canal Plus Group deteriorated significantly, suffering a 46.8 percent drop in EBITA to EUR 119 million, as the positive trend in its international operations only partly offset increased losses in France.
Tags: french
operating
profit
hurt
Blackstone Energy Partners and Jetta Operating Company form Jetta Permian to focus on Delaware Basin in Texas
2016-08-26 01:00:00| Hydrocarbons Technology
Blackstone has announced the establishment of Jetta Permian, which will target assets and leasehold in the Delaware Basin in West Texas and southern New Mexico.
Tags: form
company
focus
partners
A. Schulman appoints new chief operating officer
2016-08-24 22:01:18| Canadian Plastics Headlines
Gary A. Miller is the new COO. Schulman has also named Frank Roederer as senior vice president and general manager of its business in Canada and the U.S. The post A. Schulman appoints new chief operating officer appeared first on Canadian Plastics.
Tags: operating
chief
officer
appoints
Transformer Secondary Conductor Protection for Systems Operating at Greater Than 1,000V
2016-08-24 20:52:00| Electrical Construction & Maintenance
Transformer secondary conductor protection for voltage levels less than 1,000V is adequately covered in Art. 240 of the National Electrical Code (NEC) more specifically, Sec. 240.21(C)(4). read more
Tags: than
systems
protection
operating
Gas Turbine Inlet Cooling Options to Maximise Power Output in Response to Changing Operating Dynamics
2016-08-24 11:02:00| Power Technology
A gas turbine inlet cooling system has been developed which can be installed quickly with minimal disruption to operation, and which provides a fast response to the changing dynamics of gas turbine power generation and gas transmission.
Tags: power
options
response
operating
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