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Orange sales growth slows in Q2 on lower roaming revenue
2016-07-26 08:14:00| Telecompaper Headlines
(Telecompaper) Orange reported comparable sales flat year-on-year in the second quarter, at EUR 10.07 billion, as a recovery in Spain and customer growth was offset by the negative impact of the roaming price cuts in Europe and slower growth in Africa. On a reported basis, sales rose 1.9 percent, and adjusted EBITDA was up 2.3 percent to EUR 3.34 billion. EBITDA was also flat on a comparable basis, excluding currency effects, divestments and acquisitions, and the margin was unchanged year-on-year at 33.2 percent. Orange's operating profit fell 0.8 percent to EUR 1.33 billion, while capital expenditure increased 15.4 percent to EUR 1.71 billion or 17 percent of revenue.
Tags: sales
lower
growth
orange
Netflix subscriber growth slows in Q2
2016-07-19 08:24:00| Telecompaper Headlines
(Telecompaper) Netflix reported slower-than-expected customer growth in the second quarter, adding 1.68 million new streaming customers compared to its forecast of 2.50 million. Revenues were still up 28 percent year-on-year to USD 2.11 billion, just under its forecast of USD 2.14 billion. Its contribution profit, after costs, was up 28 percent to USD 416 million, giving a margin of 19.8 percent, and operating profit was better than expected, at USD 70 million. Net profit also came in higher than forecast, at USD 41 million, and Netflix aims for a net profit over the full year as well. The slower customer growth was in the US, where the company gained just 162,000 new streaming subscribers, for a total 47.1 million, and abroad, where Netflix gained 1.52 million customers versus a forecast of 2.00 million.
Tags: growth
subscriber
q2
slows
As Growth in Apartment Rents Slows, U.S. Developers Press Pause
2016-07-06 16:09:00| National Real Estate Investor
Prashant Gopal Apartment developers are starting to tread more carefully as cracks appear in the five-year-old boom that sent rents soaring to records across the U.S. read more
Tags: press
growth
developers
apartment
UK house price growth slows in May
2016-06-01 08:42:59| BBC News | Business | UK Edition
The annual rate of house price growth across the UK cooled further in May, after slowing the previous month, according to the Nationwide.
Coal dust kills coral, slows seagrass and fish growth: AMCS study
2016-05-18 01:00:00| Ship Technology
A new study undertaken by the Australian Marine Conservation Society (AMCS) found that coal dust released by the industrial expansion down Australia's Reef coastline, including Abbot Point, threatens marine flora and fauna prompting the authors to ur
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