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Tag: revenue
Millicom confirms target for USD 9 bln in revenue in 2017
2014-09-25 09:03:00| Telecompaper Headlines
(Telecompaper) Millicom has confirmed a target of over USD 9 billion in revenue in 2017, compared to USD 5.2 billion in 2013. driven by recent acquisitions and expansion in the cable TV and online segments. At its Capital Markets Day, the company highlighted its current 9 percent annual growth in revenues (in local currency), with its mobile business advancing 6 percent, cable rising by 16 percent and mobile financial services up 41 percent. The recently completed takeover of UNE in Colombia will also contribute to growth. In 2014 Millicom expects the contribution from UNE to reach USD 550 million of revenues, around USD 120 million in EBITDA (before integration costs) and capex of USD 120 million. Millicom confirmed its initial estimate of synergies of USD 600 million (including integration costs) from the takeover. More details on synergies will be announced early next year following the completion of the integration planning phase. Having completed the UNE deal, the company said it now plans a period of focusing on debt deleveraging.
Valeant Pharma expects 3Q revenue to top forecasts
2014-09-25 00:03:23| Biotech - Topix.net
Shares of Valeant Pharmaceuticals International Inc. climbed Wednesday after the Canadian drugmaker said it expects market share gains in most of its businesses and that its third-quarter revenue will top forecasts. The drugmaker also said it expects 10 percent growth from the established business of its contact lens maker Bausch + Lomb, a target of criticism in Valeant's on-going takeover battle with Botox-maker Allergan Inc. Allergan has rebuffed several takeover bids from Valeant over the past few months, the latest amounting to about $53 billion.
Tags: top
revenue
expects
forecasts
Munich Transports Siemens Avenio LRV enters revenue service
2014-09-18 01:00:00| Railway Technology
The new Siemens-built Avenio low-floor light rail vehicle (LRV) for the Munich Public Transportation Company (MVG) has started revenue service on tram Line 19 from St Veit Strasse to Pasing Station, Germany.
Tags: service
siemens
revenue
enters
FedEx beats 1Q net income and revenue expectations
2014-09-17 15:05:18| Air Courier - Topix.net
FedEx's fiscal first-quarter net income rose 24 per cent, thanks partly to a strong performance by its ground division. FedEx is getting a boost from the growth in online shopping, which generates strong business in ground shipments.
Tags: net
income
revenue
expectations
Millennial Activists Driving America's Revenue Growth
2014-09-15 12:12:46| Beverages - Topix.net
Millennial activists' quest for products and companies that are "cool with a purpose" is driving the revenue success of Apple, Google, Patagonia and Chipotle. The millennial activist is now driving revenue growth in the American economy.
Tags: growth
driving
revenue
americas
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