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Zmarta Group Delivered All-Time High Revenues During the Fourth Quarter

2016-02-26 23:23:28| Appliances - Topix.net

The Zmarta Group continued to deliver substantial growth in the fourth quarter with revenues amounting to SEK 98.1 million, an increase of 40%. During the quarter the group changed its name from Freedom Finance Group to Zmarta Group.

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Global media technology revenues decline 4.3% in 2015

2016-02-24 15:30:13| Digital TV News

The total market for media technology products and services declined 4.3% to $49.3bn in 2015, according to the 2016 Global Market Valuation and Strategy Report (GMVR), published by IABM DC, a joint venture between IABM and Devoncroft Partners.

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Millicom Q4 revenues hit by currency headwinds

2016-02-11 01:00:00| Total Telecom industry news

Emerging markets operator hits 63 million mobile customers; forecasts modest service revenue growth.

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Australian banks under pressure as revenues, dividends seen slowing

2016-02-10 01:54:20| Automakers - Topix.net

SYDNEY, Feb 9 Australia's major banks kick off their reporting season this week with their shares suffering the worst start to a year since the global financial crisis, as a slowing mortgage market and tighter capital rules crimp margins and profits. Analysts expect Commonwealth Bank of Australia to post its slowest half-yearly revenue growth since June 2014 on Wednesday, as one of the world's most profitable banking sectors comes under pressure across multiple fronts.

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Telekom Austria Q4 revenues up 4.5% after acquisitions

2016-02-09 20:58:00| Telecompaper Headlines

(Telecompaper) Telekom Austria Group reported an increase in fourth-quarter results, helped by its expansion in fixed-line markets in eastern Europe. Revenues rose 4.5 percent year-on-year to EUR 1.076 billion, thanks to the takeovers of Amis in Slovenia and Croatia, One in Macedonia and Blizoo in Bulgaria. The company also benefited from EUR 10 million from a settlement of claims with Telekom Slovenije. Adjusted EBITDA was up 27.3 percent to EUR 320.8 million, helped by a reversal of provisions and lower restructuring charges in Austria. Excluding the one-time items and forex effects, EBITDA was up 7.7 percent, the company said. The net result moved to a profit of EUR 84.3 million compared to a loss of EUR 48.9 million in Q4 2014. Over the full year, Telekom Austria met its outlook for flat revenues, with an increase of just 0.2 percent to EUR 4.027 billion. Growth in Austria and the acquisitions were offset by negative currency effects, particularly in Belarus, as well as the weaker economic climate in east Europe. Telekom Austria said it expects similar market conditions in 2016. Excluding currency effects, it aims to grow revenues around 1 percent, while maintaining the dividend at 5 cents a share. 

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