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Tag: growth forecasts
WORLD: WTO lowers trade growth forecasts as tensions rise
2014-09-24 16:00:00| Daily apparel & textile news and comment - from just-style.com
WTO economists have lowered their trade growth forecasts for 2014 and 2015 amid evidence of slowing economic growth and growing geopolitical tension.
CBI forecasts UK growth slowdown
2014-09-04 01:00:54| BBC News | Business | UK Edition
The CBI business lobby group says it expects UK economic growth to slow in the second half of this year as the impact of improved business and consumer confidence starts to ease.
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cbi
South Korea growth beats forecasts
2014-04-24 08:33:32| BBC News | Business | UK Edition
South Korea's economy grows more than forecast in the first quarter, helped by a jump in construction and exports.
Tags: south
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korea
south korea
GERMANY: Hugo Boss forecasts faster growth in 2014
2014-03-13 13:26:00| Daily apparel & textile news and comment - from just-style.com
German fashion business Hugo Boss has said it expects to grow at a faster pace this year after reporting record earnings and sales for 2013.
Tags: germany
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Sprint forecasts stronger EBITDA growth in 2014
2014-02-11 13:13:00| Telecompaper Headlines
(Telecompaper) Sprint forecast a further improvement in adjusted EBITDA in 2014, after reporting 13 percent growth in 2013. The result rose to USD 5.4 billion last year and is expected to reach USD 6.5-6.7 billion in 2014. In the fourth quarter of 2013, Sprint increased revenues slightly to USD 9.14 billion from USD 9.01 billion a year ago, helped by the acquisition of Clearwire, and adjusted EBITDA rose nearly 40 percent to USD 1.15 billion, helped by reduced handset subsidies and the shutdown of the Nextel network. Customer growth improved compared to the third quarter, with the net addition of 477,000 subscribers, including 219,000 in prepaid and 327,000 wholesale, offset by the loss of 69,000 in postpaid. The company added a net 58,000 postpaid users under the Sprint brand in the quarter, but lost 127,000 at Clearwire and the operations acquired last year from US Cellular. In total, Sprint had 55.354 million customers at year-end, down from 55.626 million at the end of 2012. The number of connected devices rose by over 1 million year-on-year, including 466,000 tablets in Q4 alone, to 4.50 million at end-2013. Despite more of the low-margin devices, ARPU improved over the year to USD 63.44 for retail postpaid and USD 27.34 for retail prepaid in Q4. Sprint increased capex last year to USD 7.45 billion from USD 5.37 billion in 2012. The company plans a further increase this year to around USD 8 billion, as it expands LTE coverage to 250 million people by mid-year, from 200 million currently.
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