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Iliad continues sales, profit, subscriber growth in 2015

2016-03-10 10:51:00| Telecompaper Headlines

(Telecompaper) Telecom and media group Iliad's French subsidiary, Free, added nearly 1.6 million mobile subscribers in 2015. Four years after launch, Free has nearly 12 million mobile customers, giving it a 17 percent share. Fixed broadband additions reached 270,000 in 2015, for an estimated 29 percent broadband market share. Total revenue reached a record EUR 4.4 billion, with service revenue up 7.4 (or up 6 percent including handsets). Free Mobile's service revenue rose by almost 20 percent to over EUR 1.8 billion. Landline revenue grew 1 percent to EUR 2.6 billion while fixed ARPU was stable at EUR 34.50 a month. EBITDA improved 16 percent to EUR 1.5 billion and net profit increased 20 percent to EUR 335 million. 

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BMW profit rises 5% amid fight for No. 1 in luxury-car market

2016-03-09 21:07:27| Auto Dealers - Topix.net

BMW reported a 5.2 percent gain in profit last year on higher vehicle deliveries as the world's largest maker of luxury cars pushes to stay ahead of Mercedes-Benz. Earnings before interest and taxes rose to 9.59 billion euros from 9.12 billion euros a year earlier, the company said today in a statement .

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Analysts upbeat on Inditex after FY profit growth

2016-03-09 12:54:00| Daily apparel & textile news and comment - from just-style.com

Analysts remain upbeat that Inditex, owner of the Zara, Pull & Bear, and Massimo Dutti brands, can deliver double-digit earnings growth in the medium term, after annual sales and profit increased 15%.

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Cathay Pacific profit nearly doubles as fuel cost falls

2016-03-09 07:57:35| Airlines - Topix.net

Cathay Pacific Airways says annual profit nearly doubled in 2015 as passenger demand grew and tumbling oil prices cut its fuel bill. Hong Kong's biggest airline said Wednesday that net income jumped 90.5 percent from the year before to 6 billion Hong Kong dollars .

Tags: cost falls profit pacific

 

Urban Outfitters beats 4Q profit forecasts

2016-03-08 02:10:33| Apparel - Topix.net

Urban Outfitters Inc. shares rallied in extended trading Monday after the retailer reported strong earnings and improved margins during the holiday season. The Philadelphia-based company said it earned $72.9 million, or 61 cents per share, in its fourth quarter ended Jan. 31. A year earlier the company earned $80.3 million, or 60 cents per share.

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