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Dutch mobile service revenues fall 6.6% in 2014

2015-03-05 08:48:00| Telecompaper Headlines

(Telecompaper) The Dutch mobile service market contracted 6.6 percent in 2014 to EUR 5.0 billion in revenues, according to Telecompaper's latest market monitor. The drop in service revenue slowed from 7.1 percent in 2013, but was still due in part to regulatory factors. Lower termination and roaming rates were responsible for about a third of the revenue lost last year; without the regulatory impact, revenues would have fallen only 4.6 percent. The rest of the drop in revenue in 2014 was due to tough competition, lower out-of-bundle revenues and changes in customer behaviour, as the growing use of messaging and VoIP apps led to a continued decline in voice and SMS revenues. Data revenues showed only modest growth, despite a near doubling in mobile data traffic, driven by the growing number of 4G users. For 2015, Telecompaper expects a smaller decline in service revenue, of around 4.4 percent. 

Tags: service mobile fall dutch

 

Inventure Foods posts increased revenues thanks to healthy food

2015-02-27 01:26:12| Food - Topix.net

Phoenix-based specialty food manufacturer Inventure Foods Inc. increased its revenue in 2014 by more than 32 percent, the company reported in its fourth quarter and 2014 earnings report Thursday. Inventure , which owns and operates a number of food brands including Poore Brothers, Boulder Canyon Natural Foods and Fresh Frozen, generated revenue of $285.7 million, which is $70 million better than the $215.6 million the company brought in during 2013.

Tags: posts food increased healthy

 
 

3 Group service revenues up 9% in 2014, passes 25 mln subs

2015-02-26 14:11:00| Telecompaper Headlines

(Telecompaper) The 3 Group grew its active customer base 13 percent in Europe last year to over 25.0 million at year-end. The mobile operator recorded revenues of HKD 65.6 billion in Europe, up 6 percent from 2013, and mobile service revenues rose 9 percent to HKD 49.5 billion. The company increased EBITDA 23 percent to HKD 15.6 billion, the EBITDA margin improved to 30 percent from 27 percent in 2013, and EBIT rose 42 percent to HKD 6.9 billion, parent company Hutchison Whampoa reported. With the exception of Italy, all operations in 3 Group Europe increased their contributions to group earnings during the year. The company said it profited from cost synergies in Austria and Ireland after its takeovers there, and the group will continue to look for consolidation opportunities in its markets. 

Tags: service group passes revenues

 

Vimpelcom revenues fall 21% in Q4 on stronger dollar

2015-02-25 08:49:00| Telecompaper Headlines

(Telecompaper) Mobile operator Vimpelcom reported fourth-quarter revenues down 21 percent year-on-year to USD 4.39 billion, hurt by the weaker ruble in its home market Russia and other negative forex effects. EBITDA was still up 58 percent USD 1.60 billion, due to a one-time charge in the year-earlier quarter for a fine in Algeria. The company's net loss narrowed to USD 935 million from USD 3.86 billion, after fewer impairment charges. Vimpelcom wrote down the value of operations in Ukraine, Laos and Pakistan for USD 1.1 billion, mainly due to weak macroeconomic conditions. Excluding exchange rate effects, Vimpelcom reported revenues down 3 percent, service revenue down 2 percent, and EBITDA falling 8 percent. Over the full year, the company met its outlook for a single-digit decline in sales and EBITDA. Operating cash flow was down 5 percent to USD 4.063 billion in the 12 months, and capex reduced 2 percent to USD 3.91 billion. Net debt was still slightly higher than targeted, at 2.5 times EBITDA. Vimpelcom said it expects the economic conditions to remain difficult in 2015. The operator forecast a further fall in revenue, with a low single-digit organic drop in service revenues. The EBITDA margin is expected stable to down around 1 percent point from 40.6 percent in 2014. Capex is forecast at around 20 percent of revenues again, and Vimpelcom raised is leverage target to 3.2 times EBITDA, or 1.7 excluding its Italian operations, due to the currency fluctuations.

Tags: fall dollar stronger revenues

 

Telefonica Germany stabilises revenues in Q4

2015-02-24 11:15:00| Telecompaper Headlines

(Telecompaper) Telefonica Deutschland reported revenue of EUR 5.522 billion for 2014. The figure includes E-Plus, acquired from KPN, from 01 October 2014. On a pro forma combined basis for the full year, 2014 revenues would have been EUR 7.793 billion. In the fourth quarter, total revenue amounted to EUR 2.019 billion, a largely stable performance over the previous year on a like-for-like basis (-0.2%). Fixed revenue reached EUR 274 million (-7.7% year-on-year), an improvement from -9.0% in the third quarter.

Tags: germany revenues q4 telefonica

 

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