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Alcatel-Lucent posts first annual profit in four years

2016-02-12 09:13:00| Telecompaper Headlines

(Telecompaper) Alcatel-Lucent recorded revenue up 15 percent and up 4 percent at constant exchange rates to EUR 4.16 billion in Q4 2015, versus EUR 3.68 billion in Q4 2014. Gross profit rose to EUR 1.64 billion from EUR 1.28 billion. The company saw a 36 percent rise in next-generation technology revenue in Q4 2015, accounting for 79 percent of total revenue, versus 67 percent in Q4 2014. Q4 2015 net profit came in at EUR 589 million, but over the full year the company made a smaller net profit, EUR 257 million, compared with a EUR 118 million net loss in 2014. It was Alcatel-Lucent's first full year profit since 2011, giving it healthy finances for its new parent company, Nokia.

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Exxon's 4Q and annual profit plunge with oil prices

2016-02-03 08:32:59| Oil & Gas - Topix.net

This April 29, 2014, file photo, shows an Exxon sign at a Exxon gas station in Carnegie, Pa. Exxon Mobil Corp. reports quarterly financial results on Tuesday, Feb. 2, 2016.

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Ford reports record annual profit

2016-01-28 17:26:32| BBC News | Business | UK Edition

US car giant Ford reports record profits for 2015 and a return to profits in Europe for the first time in four years.

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Valener to increase dividend starting in January, annual profit up from year ago

2015-11-27 17:06:02| Energy - Topix.net

Valener Inc. raised its quarterly dividend as it reported its annual profit was up from a year ago. The publicly traded affiliate of natural gas distribution company Gaz Metro says it will start paying a quarterly dividend of 27 cents per share in January, up from 26 cents.

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Bunnings NZ reports big uplift in annual profit on DIY and building boom

2015-11-23 21:31:38| Agriculture - Topix.net

Bunnings, the hardware chain owned by Australian Wesfarmers, has more than doubled annual profit in New Zealand following demand for do-it-yourself home improvement and building products from consumers and tradespeople. The New Zealand unit of the diversified Australian company, which has been facing union protest action over employment contract changes, reported net profit of $12 million for the year ended June 30, from $5.8 million a year earlier, according to financial statements lodged with the Companies Office.

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