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Ooredoo Group net profit grows 16% in first 9 months, revenue down 3%

2020-10-29 09:17:00| Telecompaper Headlines

(Telecompaper) Ooredoo Group said its net profit increased by 16 percent to QAR 1.47 billion in the first nine months to 30 September from QAR 1.26 billion in the same period in 2019 in a more favorable foreign exchange environment. Revenue declined by 3 percent year-on-year to QAR 21.41 billion from QAR 21.96 billion because of Covid-19, with a reduction in handset sales and roaming business as well as macroeconomic weakness in some markets. This was partially offset by growth in Indonesia. 

Tags: net group down months

 

Campari Group upbeat on prospects for spirits, despite premium gin overload

2020-10-28 19:10:00| Daily beverage news and comment - from just-drinks.com

The post-COVID era looks positive for the spirits category, according to Campari Group, with the longer-term return of the on-premise channel bolstered by the consumer trend towards mixing cocktails at home.

Tags: group premium prospects spirits

 
 

YKK USA sets up Solutions Group consultancy unit

2020-10-28 15:35:00| Daily apparel & textile news and comment - from just-style.com

Fastener business YKK (USA) has launched a new Solutions Group consultancy arm to help companies on new product development, manufacturing process improvement, custom machinery and assembly.

Tags: group usa solutions unit

 

BASF Group Increases EBIT Before Special Items Compared to 2Q 2020

2020-10-28 15:22:58| Coatings World Breaking News

Outlook 2020: Sales of between 57 billion and 58 billion.

Tags: group special items compared

 

Brand Heineken up 7% as group volumes almost flat in Q3 - results data

2020-10-28 14:30:00| Daily beverage news and comment - from just-drinks.com

The expected return to growth for brand Heineken came good in the third quarter, helping its namesake owner to deliver a 1.9% decline in volumes for the period.

Tags: results data group brand

 

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