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Brazil Foods Reports Revenue Growth

2015-08-06 02:00:00| ThePigSite - Industry News

BRAZIL - One of the world's largest poultry and pork exporters, Brazilian firm BRF, has reported a growth in net revenue of 12.8 per cent in the second quarter of 2015.

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a Keryx revenue falls short despite support of analysts, Baupost

2015-08-05 20:24:17| Biotech - Topix.net

Boston-based Keryx Biopharmaceuticals has reported what it calls "progress" in the launch of its drug for dialysis patients, called Auryxia, in recent months, including expanded insurance coverage in the U.S., success in contacting potential prescribers and likely European approval in coming months. Keryx , which moved its headquarters to Boston last year from New York City, reported Auryxia sales of just $1.8 million in the second quarter since the drug's launch.

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Global Market Challenges Dent Revenue for 2015 Top 200 Environmental Firms

2015-08-05 18:59:49| ENR.com: Headline News

But companies seek new approaches to boost and protect both natural resources and their bottom lines.

Tags: top market global environmental

 

Kate Spade swings to profit on revenue boost

2015-08-05 18:01:03| Apparel - Topix.net

The sales increase and a boost in the low end of the company's earnings projections buoyed investors, who drove Kate Spade's stock up more than 8 percent in premarket trading. The clothing, handbag and accessories company reported profit of $8.5 million, or 7 cents per share, up from a loss a year ago.

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MTN Group H1 revenue falls 4.9% to ZAR 69.2 bln

2015-08-05 12:49:00| Telecompaper Headlines

(Telecompaper) MTN Group reported a 4.9 percent decrease in revenues for the first half to ZAR 69.2 billion, hurt by negative currency effects. Despite the negative currency effects, the group continued to benefit from increased demand for data services, increasing data revenue by 21.3 percent. This followed an 87 percent annual increase in data traffic as well as encouraging growth in digital and mobile financial services, MTN said. EBITDA decreased 10.1 percent to ZAR 30.3 billion, and the EBITDA margin declined by 2.6 percentage points to 43.7 percent, mainly as a result of lower revenue and weaker local currencies impacting costs. The sale and lease back of towers, which were largely earnings neutral due to lower depreciation costs, were also a drag on the EBITDA margin. However, good progress in transforming the operating model, maintaining cost growth below inflation and optimising resources partly offset the decline in margin. Headline earnings decreased 10.3 percent to ZAR 6.54, in line with the mobile operator's earlier trading update. MTN said the results reflect a challenging operating environment and lower-than-expected performance in parts of the business. 

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