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Peugeot sales and revenues rise

2014-10-22 12:18:57| BBC News | Business | UK Edition

PSA Peugeot Citroen's turnaround plan appears to be making progress, with the troubled French carmaker announcing better sales and revenues.

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Nutreco Sees Revenues Fall

2014-10-21 02:00:00| ThePigSite - Industry News

NETHERLANDS - Dutch based animal nutrition, feed and meat company saw its revenue in the third quarter of the year fall by 4.1 per cent to €1,428.9 million.

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China Mobile 9-mth revenues up, profits fall

2014-10-20 14:30:00| Telecompaper Headlines

(Telecompaper) China Mobile reported operating revenue of CNY 481.2 billion for the first nine months of 2014, up by 3.9 percent over the same period of last year. EBITDA was down 5.0 percent in the same period to CNY 176.3 billion, and net profit fell 9.7 percent year-on-year to CNY 82.6 billion. The operator said revenues were under pressure from the slowdown in voice and SMS traffic, which fell 0.3 percent and 20.2 percent respectively compared to a year ago. This was offset somewhat by the expansion of its 4G services and growing adoption of mobile internet. Data traffic for the nine months rose by 98.6 percent year-on-year. Of the 799 million mobile customers at the end of September, 40.95 million used 4G and 244.46 million were on the 3G network. Revenues were also impacted by the imposition of VAT on the sector, which the operator absorbed in retail prices, and changes to network settlement charges. ARPU totaled CNY 63, a decrease compared to the same period of last year. China Mobile blamed the drop in profit on rising costs for 4G network construction and business development, retention of existing customers, and mobile internet development. This was offset in part by refocusing marketing expenses and reducing non-operating costs. 

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AMD to cut 710 jobs as headwinds push Q3 revenues down 2%

2014-10-17 10:04:00| Telecompaper Headlines

(Telecompaper) AMD said revenues in the third quarter fell 2 percent from the year before to USD 1.43 billion, with the gross margin coming at 35 percent. The net profit sank to USD 17 million or 0.02 per share, from 48 million and 0.06 per share the year earlier, but up from the loss of 36 million reported in the second quarter. The company said it will cut 7 percent of its workforce (710 jobs) as part of a reorganization plan, with impairment costs going to USD 57 million in the fourth quarter and a restructuring charge of USD 13 million for the first quarter. The plan will result in operational savings of around 9 million in Q34 and USD 85 million next year. For the fourth quarter, AMD expects revenue to decrease 13 percent, plus or minus 3 percent, sequentially. New CEO Lisa Su said results for the company's Enterprise, Embedded and Semi-Custom segment were strong but that performance at Computing and Graphics segment was mixed based on challenging market conditions. She said these conditions were pushing the company and that AMD's top priority is to deliver leadership technologies and products as it continues to transform.

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Skyline 1Q Net Loss Widens; Revenues Increase

2014-10-16 15:46:31| Mobile Homes - Topix.net

Elkhart, Ind.-based Skyline Corp. reported a wider net loss on improved sales for the RV and manufactured housing builder's fiscal 2015 first quarter. Revenue for the first quarter were $57.4 million as compared to $49 million in the first quarter of fiscal 2014.

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