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Uber sees path to profit despite $1.1bn loss

2020-02-06 23:57:54| BBC News | Business | UK Edition

Spending to expand its Uber Eats food delivery business impacted the firm's bottom line.

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Telenor offers higher dividend after drop in profit in 2019, sees return to underlying EBITDA growth in 2020

2020-01-29 08:52:00| Telecompaper Headlines

(Telecompaper) Telenor has increased its dividend by 4 percent to NOK 8.7 per share, despite a drop in net profit over the past year due to divestments and provisions. Cash flow also turned negative after the acquisition of DNA in Finland. Underlying EBITDA fell 2.6 percent, in line with its outlook, and Telenor said it aims to return the figure to growth of 2-4 percent in the new year. Organic revenue growth is estimated flat to 2 percent higher this year, after a 1.2 percent rise in 2019. 

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Samsung sees smaller drop in Q4 operating profit on flat revenues

2020-01-08 08:48:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics has forecast operating profit for the fourth quarter of 2019 down by around a third. Revenues are expected flat, the company said in its preliminary earnings guidance. 

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Supply chain innovation sees Nike FY profit soar

2019-06-28 13:27:00| Daily apparel & textile news and comment - from just-style.com

Product innovation and increasing digital capabilities are continuing to drive global demand at Nike Inc, helping the US sporting goods giant higher sales and a 108% rise in full-year profit. 

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Tough November sees Asos slash FY profit outlook

2018-12-17 15:52:00| Daily apparel & textile news and comment - from just-style.com

Shares in Asos remained down by more than 38% this afternoon (17 December) as the UK-based online fashion retailer warned a slowdown in November has meant it will no longer meet its FY2018/19 revenue growth target of 20%-25%.

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