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Tag: cost savings
KPN targets EUR 300 mln cost savings in new strategic plan
2016-03-07 08:47:00| Telecompaper Headlines
(Telecompaper) KPN has unveiled its new strategic plan at its annual Capital Markets Day. The previous plan from 2011 was known as 'Simplify, grow and innovate' and the latest version is headed 'Strengthen, simplify and grow'. The focus is on customer satisfaction, which should support growing revenues on the consumer market. The Dutch operator aims to increase the number of customers and the number of services per customers. KPN's ongoing cost-reduction programme targets savings of EUR 450 million compared to 2013. Further simplification is expected to lead to another EUR 300 million in savings in the period 2017-19. This will be based on simplifying and rationalising IT, systems and networks. The Dutch activities should see an improvement in the EBITDA margin of at least three percent points in the medium term compared to 38.3 percent in 2015. KPN said it invested "ahead of the curve" and can now reduce capex to 15-17 percent of revenue in the medium term, after 20.8 percent last year. This, along with lower interest and taxes, should lead to strong growth in free cash flow and growth in dividends.
Cost Savings for Pig Processors
2015-12-30 01:00:00| ThePigSite - Industry News
UK - Cost savings for pork processors exporting to the USA are on the cards following an agreement with USDA regarding trichinella testing.
Tags: cost
savings
pig
processors
Seatronics Delivers Significant Cost Savings With Meridian Ocean Services In Mexico
2015-12-04 01:22:33| oilandgasonline Home Page
Seatronics, an Acteon company, has successfully completed a project with marine services organisation Meridian Ocean Services (Meridian) in Mexico. The aim of the project was to inspect and chart existing pipelines along the coast of Ciudad Del Carmen, and required a full survey equipment spread utilising a Forum Comanche ROV.
Tags: services
cost
significant
mexico
SABMiller ramps up cost savings scheme
2015-10-06 16:37:00| Daily beverage news and comment - from just-drinks.com
SABMiller has announced a doubling of its annual cost savings target, in the same week as it posted rising half-year sales and rejected an initial takeover offer from Anheuser-Busch InBev.
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scheme
ramps
Westfield Culver City Shopping Mall Expects to Generate Significant Cost Savings While Increasing Sustainability
2015-09-29 12:31:11| Industrial Newsroom - All News for Today
Westfield Culver City shopping mall in Culver City, Calif., recently completed infrastructure upgrades anticipated to save $207,000 in annual energy costs and to garner more than $192,000 in rebate incentives from Southern California Edison. Westfield converted to an energy-saving chilled water system that...
Tags: shopping
city
cost
significant