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Orange grows revenues, EBITDA 1% in Q2
2015-07-28 08:45:00| Telecompaper Headlines
(Telecompaper) Orange reported second-quarter revenues up 1.0 percent from a year earlier to EUR 9.885 billion, helped by a recovery in the business market and improving trends in mobile revenues in its main markets France and Spain. On a comparable basis, adjusted for acquisitions and currency effects, revenues fell 0.2 percent, slowing from a 0.9 percent decline in the first quarter. Adjusted EBITDA rose 1.1 percent year-on-year to EUR 3.290 billion, helped by the stronger dollar and lower indirect costs, especially a lower headcount. On a comparable basis, EBITDA fell 0.4 percent from a year ago, and the margin was stable at 33.3 percent. Orange maintained its outlook for full-year EBITDA of EUR 11.9-12.1 billion, after a slightly lower result of EUR 5.807 billion in the first half of 2015. The forecast does not include the planned acquisitions of Jazztel and Meditel. The company also reported a strong improvement in net profit over the first half, to EUR 1.283 billion from EUR 728 million a year ago thanks to a better contribution from EE in the UK. Capital expenditure over the six months increased 6.8 percent to EUR 2.672 billion, going mainly to fibre and 4G expansion. Net debt was up slightly from the end of 2014 and is set to expand further in the second half with the completion of the Jazztel takeover. Orange said it expects net debt to reach around 2.2 times adjusted EBITDA at year-end, versus 2.13 at the end of June, and the group will continue to pursue a policy of selective acquisitions, focusing on markets where it is already present. Over the medium term, net debt should fall to 2x EBITDA, helped by the sale of the stake in EE. Orange proposed an interim dividend of 20 cents a share, in line with a stable dividend of 60 cents per share over the full year.
Tags: orange
revenues
grows
q2
Ryanair Revenues Rise 10% Despite Fall In Fares
2015-07-27 14:13:08| Airlines - Topix.net
Ryanair is celebrating its 30th brithday with "strong growth in traffic and profits" as customers react positively to the no-frills airline's softer approach. Pre-tax profits jumped 24% in the three months to June 30 as customer numbers grew by 16% to 28 million.
Stericycle 2Q revenues up 11 percent
2015-07-24 21:38:21| Waste Management - Topix.net
Stericycle Inc. said recent acquisitions helped drive revenues for the second quarter of 2015 up 11.7 percent for the same period in 2014. The company reported revenues of $74.9 million, an increase from $640.8 million in the second quarter last year.
Tags: percent
revenues
stericycle
Zambian pay TV revenues to rise with advent of new DTT bouquet
2015-07-24 19:00:29| Digital TV News
The Zambian Pay-TV market saw subscriber revenues total approximately $21.13 million in 2014, growing in value by 121% since 2008. Dataxis forecasts that revenues will grow to $53.26 million by end-2018 with DTT taking an increasing proportion of the total.
Tags: pay
rise
revenues
advent
SigmaTron International revenues up, profit down in 2014
2015-07-24 10:43:27| Electronics - Topix.net
SigmaTron International reported revenues and earnings for the fiscal year ended April 30 were up over the same period in 2014, although profits declined during that time due to soft market conditions, The electronic manufacturing services company said revenues increased to $230.2 million in fiscal year 2015 from $222.5 million in the prior fiscal year. However, net income decreased to $903,412 in fiscal year 2015 compared to $2.91 million in fiscal year 2014.
Tags: international
profit
revenues
international profit
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