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KPN keeps FY guidance as Q1 revenues decline 3.9%
2015-04-30 08:57:00| Telecompaper Headlines
(Telecompaper) KPN reported first quarter results showing revenues down 3.9 percent to EUR 1.92 billion and an adjusted EBITDA up 0.2 percent to EUR 622 million. The net profit reached EUR 15 million from 3 million the year before, while capex went to EUR 357 million, pushing free cash flow to EUR 34 million. The operator attributed the lower revenues to a weaker business market. The higher EBITDA figure came from cost savings. CEO Eelco Blok said the quarter showed a strong operational performance, with Consumer Mobile customer numbers rising on the back of new data bundles. Excluding Base, which will go to Telenet from the second quarter, KPN is guiding for full year 2015 capex of EUR 1.3 billion, with a stable adjusted EBITDA by year end, growing free cash flow and additional cash flow via a potential divident from the operators 20.5 percent stake in Telefonica Deutschland.
Tags: guidance
decline
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q1
Penske Sees Used Sales Go Up and Profits Decline
2015-04-30 02:19:50| AutomotiveDigest.com - Automotive Industry News
Penske Automotive Group says that it had higher used-car sales in the first quarter of this year, but lower gross margins. Year-over-year, used vehicle sales through its franchise dealer chain increased by 6.7% to 48,057 vehicles sold; and same-store used retail revenue increased by 5.56%. The average gross profit per used unit declined to $1,758 from $1,922 in the first quarter of 2014. The Article Penske Sees Used Sales Go Up and Profits Decline appeared first on Automotive Digest.
Tags: sales
decline
sees
profits
Coach focused on strategy amid Q3 decline
2015-04-28 17:17:00| Daily apparel & textile news and comment - from just-style.com
Luxury accessories business Coach has booked a drop in earnings and sales in its third-quarter but said it continues to focus on the execution of its turnaround strategy.
Tags: strategy
focused
coach
decline
DTAC revenues, net profit decline in Q1
2015-04-24 14:19:00| Telecompaper Headlines
(Telecompaper) Thai mobile operator DTAC's total revenues for the first quarter increased by 1.9 percent to THB 22.8 billion, mainly boosted by handset sales and mobile data revenue growth, offset by a decline in voice revenue, the company said. Service revenue decreased 3.6 percent year-on-year to THB 16.7 billion. Handset and starter kit sales rose by 35 percent year-on-year, while voice revenue amounted to THB 7.7 billion, which represents a decrease of 18 percent in the period. Data revenue reached THB 7.4 billion, increasing by 13 percent from the first quarter of 2014.
Tags: net
profit
decline
revenues
Ja safe from decline in sugar price globally, but ...
2015-04-22 11:23:07| Food - Topix.net
WHILE THE sharp decline in sugar price on the world stage is now creating anxiety among several African, Caribbean and Pacific states, Jamaica is being spared from the jitters, thanks to its lucrative three-year deal with the British refiner Tate & Lyle, which will be in place until the end of the year. "The price in Europe has been declining for the past two years, but, fortunately, we negotiated a three-year supply deal, so Jamaica is not affected presently, but this could change as this year is the last of our arrangement," Karl James, general manager of Jamaica Cane Products Sales , told The Gleaner from Guyana yesterday.
Tags: price
safe
sugar
decline
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