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Lower Volumes Impact Neenahs Sales

2019-05-03 17:57:00| Nonwovens Industry Breaking News

Sales down 10% in the quarter

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Top 100 Food and Beverage Companies for 2016: Lower Sales, Higher Profits

2016-08-04 15:27:00| Food Processing

After a year of cost-cutting, many companies are improving their bottom lines at the expense of their top lines.

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Food Companies Report Lower Sales, Higher Profits

2016-02-17 01:38:00| Food Processing

General Mills, Mondelez, Hormel and Tyson spoke at the first day of the Consumer Analysts Group of New York (CAGNY) annual conference.

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Tele2 forecasts flat sales, lower EBITDA in 2016

2016-01-28 08:52:00| Telecompaper Headlines

(Telecompaper) Tele2 reported a fall in profits in the fourth quarter, amid costs for restructuring its operations and launching its mobile network in the Netherlands. In the three months to December, EBITDA  fell 5 percent to SEK 1.337 billion, hurt by the contracting fixed telephony business, start-up costs in the Netherlands and currency devaluation in Kazakhtelecom. EBIT dropped to SEK 364 million from SEK 735 million a year earlier, due to a number of one-time charges. These include SEK 133 million for the 'Challenger' cost-reduction programme announced last year and SEK 118 million for the planned merger of the operations in Kazakhstan with Kazakhtelecom's mobile business. Tele2's net profit plunged 91 percent to SEK 45 million, but the company stuck to its pledge to increase the dividend 10 percent to SEK 5.35. At the top line, net sales rose 1 percent to SEK 6.943 billion, led by 2 percent growth in mobile service revenue and helped by a VAT settlement in the Netherlands. For 2016, Tele2 forecast mobile service revenue growth in the mid-single digits and total net revenue of SEK 26-27 billion, essentially flat compared to SEK 26.856 billion last year. EBITDA is expected to fall to SEK 4.6-5.0 billion in 2016 from SEK 5.757 billion in 2015.

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1-Anadarko raises Q4 oil sales volume outlook, sees lower spending

2015-12-17 17:23:40| Oil & Gas - Topix.net

Dec 17 U.S. oil and natural gas company Anadarko Petroleum Corp raised the midpoint of forecast for oil sales volume and expects lower spending during the current quarter and next year as well. The Houston, Texas-based company raised the midpoint of fourth-quarter oil sales-volume forecast by more than 15,000 barrels of oil per day to a range of 314,000 to 319,000 bopd.

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