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Tag: revenues
Ziggo keeps FY guidance as revenues lift 3% in Q3
2014-10-16 09:31:00| Telecompaper Headlines
(Telecompaper) Ziggo said revenues for its third quarter rose 2.9 percent to EUR 402.6 million, thanks to its April price hike. EBITDA lifted 3.4 percent to EUR 228 million while the net profit fell to EUR 2.7 million from 86.5 million on the back of impairment charges. Liberty Global's bid will run until 4 November. Ziggo expects the merger to complete in the fourth quarter. The operator has kept its full year guidance, still expecting adjusted EBITDA flat year-on-year, with capex at EUR 370 million. From 1 January, Cogas Kabel will terminate its contract with Ziggo. The deal brought in revenues of EUR 18 million and EBITDA of EUR 12 million this year.
Tags: in
guidance
lift
revenues
Burberry reports rise in revenues
2014-10-14 09:07:43| BBC News | Business | UK Edition
Burberry, the UK luxury fashion brand, has reported a 7% rise in revenue for the first half of the year despite what it described as a "difficult external environment".
Tags: reports
rise
revenues
burberry
Deutsche Telekom generating 'significant revenues' from carrier billing
2014-10-14 02:00:00| Total Telecom industry news
German incumbent sees opportunity in billing for physical goods; looks to extend its reach beyond mobile devices to smart TVs.
Tags: significant
deutsche
carrier
billing
Samsung Q3 revenues, profit hit hard by competition
2014-10-07 09:11:00| Telecompaper Headlines
(Telecompaper) Samsung said it expects third quarter revenues to go lower than expected and reach KRW 46-48 trillion and the operating profit KRW 3.9-4.3 trillion, substantially lower than in the second quarter. Samsung attributed the weaker results to declines in the mobile business and intensified smartphone competition, as well as weak seasonal demand for the CE business, including TVs. To secure growth in the mid to long-term, Samsung is preparing new smartphone lineups, with new materials and innovative designs, as well as a series of new mid- to low-end smartphones with strong competitive positioning on both hardware specifications and price. For the fourth quarter, Samsung said it cautiously expects increased shipments of new smartphones and strong seasonal demand for TV products. Uncertainty at the IM business (internet and mobile communications) will continue however into the fourth quarter. In the third quarter, smartphone shipments increased only marginally amid the intense competition, the company said. The operating margin meanwhile fell on the back of higher marketing expenses, related to aggressive promotions and lowered Average Selling Price (ASP). The lower ASP was driven by reduced shipments of high-end models, coupled with price decrease for older smartphone models. The CE business saw revenues fall while at the Memory Business, revenues improved, led by continued strong seasonal demand momentum, including PCs and servers, price stabilisation under tight market supply and demand conditions, and cost reduction thanks to improved process migration. Revenues at the S.LSI and Display Panel Businesses were pulled down by the weaker demand for mobile products.
Niche Applications Crucial To Accelerate Revenues In Subsea Equipment Market, Finds Frost & Sullivan
2014-10-06 12:59:32| oilandgasonline Home Page
Escalating energy requirements and declining reserves in existing wells are lending momentum to subsea exploration, fuelling the adoption of subsea equipment globally. As attractive returns and higher recovery rates position subsea exploration to challenge the near-shore and onshore industry, demand for subsea equipment will continue to grow.
Tags: market
equipment
applications
finds
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