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Tag: fall sales
KPN sales fall 5.9% in Q4 on weak business market
2016-02-03 08:50:00| Telecompaper Headlines
(Telecompaper) KPN reported fourth-quarter revenues down 8.1 percent year-on-year to EUR 1.75 billion, and adjusted EBITDA fell 7.6 percent to EUR 582 million. Excluding a tax refund, organic revenues fell 5.9 percent. KPN reported continued growth in customers, but suffered from the weak enterprise market, declining traditional services and some changes in mobile pricing. The company said it's simplification programme delivered EUR 280 million in annual savings by the end of 2015, and it upgraded its target for total savings to EUR 450 million by the end of 2016. Net profit improved to EUR 254 million compared to a loss of EUR 16 million a year earlier, thanks to a profit on the sale of shares in Telefonica Deutschland. Part of the sale proceeds will also go to a special dividend of 13 cents per share, to be paid June 2016. KPN reduced investments by 14 percent in the quarter to EUR 355 million, helping free cash flow return to a positive 223 million versus a negative 179 million a year ago. For 2016, the Dutch operator forecast stable EBITDA, capital expenditure of EUR 1.2 billion, free cash flow of EUR 650 million and an increase in the dividend to EUR 0.10 per share from EUR 0.8.
Tags: business
sales
market
fall
RPT-INSIGHT-Electric vehicle sales fall far short of Obama goal
2016-01-20 14:19:53| Automakers - Topix.net
Jan 20 Back in 2008, with gas prices averaging nearly $4 a gallon, President Barack Obama set a goal of getting one million plug-in electric vehicles on the roads by 2015. Yet today - with gas prices near $2 a gallon - only about 400,000 electric cars have been sold.
INSIGHT-Electric vehicle sales fall far short of Obama goal
2016-01-20 11:47:20| Auto Dealers - Topix.net
A Chevrolet Bolt EV electric vehicle is displayed at the North American International Auto Show in Detroit, in this file photo taken January 12, 2016. Back in 2008, with gas prices averaging nearly $4 a gallon, President Barack Obama set a goal of getting one million plug-in electric vehicles on the roads by 2015.
Plug-In Electric Car Sales For 2015 Fall Slightly From 2014
2016-01-19 19:23:08| Auto Dealers - Topix.net
The U.S. new-vehicle market set a new record last year, with deliveries of new passenger cars and light trucks totaling 17.39 million. But battery-electric and plug-in hybrid vehicles saw their totals fall slightly, from about 120,000 in 2014 to roughly 115,000 last year.
Primark sales fall on warm weather
2016-01-14 11:59:03| BBC News | Business | UK Edition
Clothing retailer Primark reports a 3% rise in total sales but is hit by warm winter weather.
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