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Tag: revenues
Nestlé reports 2.7% rise in 2013 revenues
2014-02-14 01:00:00| Food Processing Technology
Swiss food giant Nestlé has reported a 2.7% rise in revenues to CHF92.2bn for the full-year 2013, affected by negative foreign exchange of 3.7%.
Tags: reports
rise
revenues
nestl
Cisco quarterly revenues fall 8%
2014-02-13 08:34:00| Telecompaper Headlines
(Telecompaper) Cisco reported revenues for its fiscal second quarter ended 25 January down 7.8 percent year-on-year to USD 11.2 billion. Sales fell in all major regions and were down in most product groups, with data centre and the security equipment the only areas of growth. Net profit fell to USD 1.4 billion or USD 0.27 per share, from USD 3.1 billion or USD 0.59 per share a year ago. Profits were hit by a one-time charge of USD 655 million to resolve problems with memory components in older products, as well as USD 926 million tax benefits from a settlement with the IRS and R&D credits in the US. Despite the drop in profit, Cisco increased its quarterly dividend by 2 cents to USD 0.19 per share. Operating cash flow improved to USD 2.9 billion from USD 2.6 billion a year ago, and the company finished the quarter with USD 47.1 billion in total cash. Cisco said it had a book-to-bill ratio greater than 1 in the quarter. However, product orders were down year-on-year in all regions, from 5 percent lower in the Americas to a 2 percent drop in EMEA. Across customer segments, the company saw a 1 percent increase in orders from the commercial and public sectors, but the service provider market contracted by 12 percent, and enterprise was 2 percent lower.
Tags: fall
quarterly
revenues
cisco
Man Utd sees 11.6% rise in revenues
2014-02-12 13:50:38| BBC News | Business | UK Edition
Manchester United's revenues for the final three months of 2013 rose 11.6% from a year earlier, as income from commercial and broadcasting deals grew.
Softbank doubles revenues, net profit stable in Q3
2014-02-12 11:53:00| Telecompaper Headlines
(Telecompaper) Japanese communications provider Softbank posted a net profit of JPY 93.3 billion for its fiscal third quarter to December, down slightly from JPY 94.23 billion due to losses at its US operator Sprint. EBITDA improved to JPY 483.7 billion from JPY 286.3 billion, and revenues nearly doubled, to JPY 1.963 trillion from JPY 842.3 billion. Capital expenditure also doubled, to JPY 404.6 billion from JPY 201.4 billion, leading to a drop in operating cash flow to JPY 46.4 billion from JPY 74.3 billion. In Japan, the company posted higher revenues at all its mobile operations - Softbank Mobile, eAccess and Willcom - helped by the net addition of 1.384 million new customers in the three months. Mobile revenues rose to JPY 817 billion from JPY 630 billion a year earlier, and EBITDA improved to JPY 275 billion from JPY 197 billion, in part due to the acquisitions of eAccess, GungHo, Supercell and Willcom. Handsets sales jumped to 3.713 million from 3.150 million in the preceding quarter, but ARPU continued lower, at JPY 4,090 versus JPY 4,120 in the previous quarter and JPY 4,300 a year earlier. At the company's fixed broadband unit, ADSL subscribers fell to 1.921 million from 1.997 million at the end of September, while fibre customers rose to 2.378 million from 2.290 million over the same period.
Tags: net
profit
stable
revenues
United Kingdom: Treasury urged to insulate homes with carbon tax revenues
2014-02-10 03:38:22| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: A coalition of businesses and NGOs has accused the Treasury of hypocrisy over its refusal to use proceeds from carbon taxes to insulate the UK's housing stock. A new report, authored by an ex-Treasury economist for campaign group Energy Bill Revolution, made up of nearly 200 UK charities, businesses, unions, consumer and health groups, highlights how the Treasury's decision to retain proceeds from emissions trading and the carbon floor price is something of an anomaly. Revenues from other policies...
Tags: united
kingdom
united kingdom
tax
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