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Millicom third-quarter revenues down 6.5% YoY, customer base up 2%
2020-10-30 11:59:00| Telecompaper Headlines
(Telecompaper) Millicom, owner of Tigo-branded operations across Latin America and Africa, reported a 6.5 percent year on year fall in revenues to USD 1.03 billion in the third quarter of 2020, impacted by the ongoing effects on its business of the Covid-19 pandemic. However, the company was keen to emphasise that the result was an improvement on the 8.0 percent decline posted in the previous quarters as lockdowns eased in most of its countries and the improved performance that began in June continued in the July to September period with robust customer growth. On a year-on-year basis, service revenue declined 3.1 percent organically, improving from a 6.8 percent fall in Q2, with EBITDA down 6.1 percent year on year to USD 581 million. Third-quarter net loss improved to USD 51 million from a negative USD 131 million a year earlier.
Tags: up
customer
base
revenues
Third-quarter pulls on good start to 2020 for Marie Brizard Wine & Spirits - results data
2020-10-28 19:41:00| Daily beverage news and comment - from just-drinks.com
A double-digit slide in sales in the third quarter has resulted in Marie Brizard Wine & Spirits posting a slight top-line decline in the year to date.
Cuervo hints at M&A move as third-quarter sales soar - results data
2020-10-26 14:14:00| Daily beverage news and comment - from just-drinks.com
Cuervo has posted another barnstorming set of results, this time for the third quarter, with sales leaping by almost 50%.
Remy Cointreau battles third-quarter headaches as year-to-date sales slide - results data - just-drinks comments
2020-01-24 12:41:00| Daily beverage news and comment - from just-drinks.com
Remy Cointreau has put a brave face on a disappointing performance in its fiscal year-to-date, with the group abandoning the announcement of an outlook forecast.
Tags: comments
results
data
sales
Remy Cointreau battles third-quarter headaches as year-to-date sales slide - results data
2020-01-24 12:41:00| Daily beverage news and comment - from just-drinks.com
Remy Cointreau has put a brave face on a disappointing performance in its fiscal year-to-date, with the group abandoning the announcement of an outlook forecast.
Tags: results
data
sales
slide
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