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Ford profit doubles on European sales

2016-04-28 18:20:07| BBC News | Business | UK Edition

Ford posted a record quarterly profit following strong sales in Europe and moving more trucks in North America.

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Airbus profit hit in 'challenging year'

2016-04-28 13:24:11| BBC News | Business | UK Edition

Airbus reports lower profits and warns of mounting costs on its A400M military aircraft and delays to its A350 and A320neo airliners.

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America Movil net profit falls 42% in Q1

2016-04-28 11:01:00| Telecompaper Headlines

(Telecompaper) America Movil reported a drop in first-quarter results, hurt by currency effects and the economic slowdown in Latin America. Revenues of MXN 223 billion were up just 1.4 percent year-on-year. Service revenues increased 0.3 percent in local currency and declined 1.1 percent at constant exchange rates. Fixed-broadband and pay-TV revenues led the growth, increasing 7.9 percent and 5.9 percent at constant exchange rates. EBITDA of MXN 61.7 billion was down 9.6 percent in local currency and 8.8 percent lower at constant exchange rates. Operating profit fell 25.6 percent in local currency terms, reflecting both the EBITDA reduction and a 10.3 percent increase in depreciation and amortization charges. The company obtained a net profit of MXN 4.8 billion in the quarter, down from MXN 8.3 billion a year ago. 

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Coach maintains FY guidance on higher Q3 profit

2016-04-27 14:10:00| Daily apparel & textile news and comment - from just-style.com

Luxury accessories business Coach Inc has maintained its full-year guidance as it revealed higher third-quarter earnings and sales boosted by a return to growth for the Coach brand.

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Telenor reports rise in Q1 revenue, profit

2016-04-27 02:00:00| Total Telecom industry news

Norwegian incumbent adds 5.4 million mobile customers driven by India, Myanmar, Pakistan.

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