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Report Forecasts Decline in Street Lighting Revenues by 2023

2014-08-11 22:12:00| Electrical Construction & Maintenance

The Navigant Research report analyzes the global market for roadway and highway lighting. Navigant Research in Chicago has put out some numbers in a new research report showing that the combination of falling prices and long-lived equipment will produce a decline in overall revenues from street lighting, but that networked LED lighting systems are beginning to demonstrate their benefits in lighting control and non-lighting related functionality. read more

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Canadian Natural Resources more than doubles Q2 profits, revenues climb

2014-08-07 16:57:34| Oil & Gas - Topix.net

Canadian Natural Resources Ltd. more than doubled its second-quarter net earnings, helped by increased sales and higher prices.

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Canadian Natural Resources more than doubles Q2 profits, revenues climb

2014-08-07 16:53:45| Energy - Topix.net

Canadian Natural Resources Ltd. more than doubled its second-quarter net earnings, helped by increased sales and higher prices.

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Vimpelcom maintains outlook as Q2 revenues fall 11%

2014-08-06 09:11:00| Telecompaper Headlines

(Telecompaper) Vimpelcom reported second-quarter results lower, hurt by the difficult economic conditions in key markets such as Italy, Russia and Ukraine. Revenues fell 11 percent to USD 5.067 billion, and EBITDA was down 14 percent to USD 2.076 billion. On an organic basis, revenues fell 6 percent, with a 9 percent fall in Italy, Russia down 6 percent, Africa & Asia declining 4 percent and Ukraine 5 percent lower. Only the CIS region showed growth, with revenue up 4 percent year-on-year. Net profit plunged to USD 100 million from USD 573 million a year earlier, hurt by higher tax payments. Vimpelcom said it expects net profit to improve by USD 500 million this year due to lower interest payments after the refinancing of Wind and the sale of Djezzy in Algeria. The latter is still expected to close by year-end and the proceeds will be devoted to debt reduction. Net debt is expected to drop to 2.4 times EBITDA by year-end, from 2.6 at the end of June. Vimpelcom also maintained its outlook for a low to mid-single digit annual drop in revenue and EBITDA in 2014 and capital expenditure at 21 percent of revenue. In the first half of 2014, the company spent USD 1.743 billion on capital equipment up 26 percent from a year earlier, while operating cash flow fell over the same period by 29 percent to USD 2.421 billion. The company said the high investments are needed to support the growth in mobile data services. Mobile data revenue was up 19 percent year-on-year in Q2, while the total mobile customer base rose by 2 percent to 220.6 million. 

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DGAP-News: Deutsche Post DHL boosts revenues and earnings in Q2

2014-08-05 09:14:18| Logistics - Topix.net

Between April and June, revenues totaled , nearly 1 percent above the previous year's level.

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