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Tag: portugal
Portugal Telecom cuts dividend for 2013, 2014
2013-08-14 14:06:00| Telecompaper Headlines
(Telecompaper) Portugal Telecom announced a sharp reduction in its proposed annual dividend for 2013 and 2014 to EUR 0.10 per share. The company already halved its dividend last year, to EUR 0.325 per share. PT said it remains confident about cash flow generation, but given the weak economy, financial market conditions and the need to invest in the business, it decided to take a more prudent stance on the dividend policy. It added that its balance sheet remains strong, following the recent bond issues and the sale of its stake in CTM. The announcement came alongside first-half results showing operating cash flow (EBITDA minus capex) down 32 percent from a year earlier to EUR 421 million, as EBITDA on the Portuguese market declines and capex requirements increase at its Brazilian affiliate Oi. Free cash flow for the period was a negative EUR 16 million, and adjusted net debt was at 3.6 times estimated EBITDA, up from 3.3 a year ago.
Tags: portugal
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The Future of Retailing in Portugal to 2017
2013-07-31 02:00:00| Apparel & textile industry market research - from just-style.com
"The Future of Retailing in Portugal to 2017" is based upon an extensive, cross-country, industry research program which brings together Canadean's research, modelling, and analysis expertise in order
Tags: to
future
portugal
retailing
The Future of Retailing in Portugal to 2017
2013-07-31 02:00:00| Beverage industry market research - from just-drinks.com
"The Future of Retailing in Portugal to 2017" is based upon an extensive, cross-country, industry research program which brings together Canadean's research, modelling, and analysis expertise in order
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future
portugal
retailing
Portugal coalition will survive - PM
2013-07-05 11:01:00| BBC News | Business | UK Edition
Portugal's prime minister says he has reached a deal to keep his coalition government intact and defuse a political crisis.
Tags: pm
portugal
survive
coalition
VIDEO: Economy hit by Portugal instability
2013-07-04 12:30:33| BBC News | Business | UK Edition
Portugal's president is holding emergency meetings to try to settle a growing political crisis, which has hit the county's stock markets and increased its borrowing costs.
Tags: video
hit
portugal
economy
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