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3 Group revenues fall 3% in H1 on lower customer base, coronavirus impact

2020-08-06 11:31:00| Telecompaper Headlines

(Telecompaper) 3 Group reported a drop in first-half results, hurt by the effects of the coronavirus crisis and the loss of customers in the UK and Italy. Revenues fell 7 percent to HKD 40.52 billion, and EBITDA was down 11 percent to HKD 14.45 billion. Excluding currency effects, revenues fell 3 percent and EBITDA was down 7 percent. 

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MTN Group revenue rises 9% in H1, announces plans to exit Middle East

2020-08-06 09:20:00| Telecompaper Headlines

(Telecompaper) MTN Group reported service revenue growth of 9.4 percent to ZAR 80 billion in the first six months to 30 June, and EBITDA up 10.9 percent year-on-year to ZAR 42 billion, as efficiency initiatives drove improvement in margins. The South Africa-based mobile operator also said it plans to exit the Middle East over the medium term to focus on Africa and is in advanced talks to sell its majority stake in MTN Syria. 

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J.C. Penney Lender Group Seeks Higher Bids from Potential Buyers

2020-08-05 20:54:00| National Real Estate Investor

The lenders are pushing for offers closer to the approximately $2.2 billion in debt the department store chain carries.

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Loch Lomond Group revamps whisky ranges

2020-08-05 14:10:00| Daily beverage news and comment - from just-drinks.com

Scotch whisky producer Loch Lomond Group has redesigned its namesake whisky ranges across the domestic and Global Travel Retail channels.

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Volvo Car Group exceeds 600,000 vehicles sold on the CMA platform

2020-08-05 11:55:38| Green Car Congress

Tags: group car sold platform

 

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