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KPN Q2 sales fall 3.7%, profits increase on cost cuts

2016-07-27 08:19:00| Telecompaper Headlines

(Telecompaper) KPN reported second-quarter sales down 3.7 percent to EUR 1.68 billion, while EBITDA was up 1.9 percent to EUR 579 million thanks to cost reductions. EBIT increased 21 percent to EUR 205 million, and net profit rose 1.3 percent to EUR 162 million. Capital expenditure at the Dutch operator edged 2.0 percent higher at EUR 312 million, and free cash flow increased 9.5 percent to EUR 254 million. KPN maintained its outlook for flat EBITDA, capex of EUR 1.2 billion and free cash flow over EUR 650 million in 2016.

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Profits fall at fashion group Burberry

2016-05-18 10:22:35| BBC News | Business | UK Edition

Luxury fashion firm Burberry reports a fall in profits amid a "challenging environment" and announces plans to overhaul its retail operations.

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Coca Cola shares fall as profits decline

2016-04-20 19:18:12| BBC News | Business | UK Edition

Shares in fizzy drinks giant Coca-Cola fall more than 4% after the firm reports a fall in profits.

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Goldman Sachs profits fall again

2016-04-19 14:07:33| BBC News | Business | UK Edition

Goldman Sachs' profits fall for the fourth quarter in a row, partly as a result of lower commodity prices such as oil.

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Coca-Cola Icecek profits fall despite FY sales rise

2016-03-04 13:27:00| Daily beverage news and comment - from just-drinks.com

A weak Turkish Lira hit Coca-Cola Icecek's bottom line in 2015, but full-year sales were up as the company delivered on pricing.

Tags: sales fall rise profits

 

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