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High Performance Anti-corrosion Coatings Market to Account for $18.22 Billion in Revenue by 2023

2016-02-16 06:00:00| Coatings World Breaking News

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Maroc Telecom FY revenue grows 17% to MAD 34 bln

2016-02-15 09:27:00| Telecompaper Headlines

(Telecompaper) Maroc Telecom Group's revenues increased to MAD 34.13 billion in 2015, up 17.1 percent on the year thanks to the consolidation of African subsidiaries acquired from its parent Etisalat and revenue stabilization in its home market Morocco. Customers numbered nearly 51 million at the end of 2015, up 26 percent year-on-year. EBITDA amounted to MAD 16.74 billion, up 6.7 percent from the previous year. Despite the dilutive effect of the new subsidiaries, the group's EBITDA margin was nearly stable year-on-year at 49.0 percent, thanks to continuing efforts to control direct costs and minimize operating costs. Net profit fell 4.3 percent to MAD 5.6 billion, mainly due to the losses generated by the new subsidiaries. Cash flow from operations was MAD 9.36 billion, down 19 percent from 2014, following the 80 percent growth in capital investment. Maroc Telecom is projecting for 2016 stable revenues and a slight decrease in EBITDA at constant scope and exchange rates and capital expenditure around 20 percent of revenues, excluding frequencies and licences.

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App Revenue to Top $100B by 2020

2016-02-12 03:04:07| PC Magazine Software Product Guide

The iOS App Store is expected to retain its crown as the most lucrative app market through 2017.

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America's WETLAND Foundation Decries President's Budget That Eliminates Revenue Sharing For Coastal Restoration

2016-02-12 02:32:48| oilandgasonline Home Page

The America's WETLAND Foundation (AWF) said recently that attempting to repeal the sharing of Outer Continental Shelf (OCS) revenues with the coastal oil and gas producing states in the U.S. through the budgetary process is counter to the best interest of the nation.

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EE posts flat Q4 revenue as 4G base hits 14m

2016-02-12 01:00:00| Total Telecom industry news

U.K. telco warns greater regulatory pressure will hit financial performance during 2016.

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