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Toyota profit rises on strong sales, cost cuts and weak yen

2015-11-05 08:56:09| Automakers - Topix.net

" Toyota Motor Corp. reported a 13.5 percent increase in quarterly profit due to strong sales, cost cuts and a favorable exchange rate. Toyota reported Thursday a July-September profit of 611.7 billion yen , up from 539 billion yen the previous year, and a tad short of the forecast by FactSet at nearly 615 billion yen .

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Toyota profit up but sales target cut

2015-11-05 08:54:05| BBC News | Business | UK Edition

The world's biggest carmaker, Toyota, reports a rise in second-quarter profits but trims its annual sales target.

Tags: sales cut target profit

 
 

Deutsche Telekom grows Q3 net profit 60%

2015-11-05 08:23:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom reported third-quarter revenue up 9.3 percent to USD 17.1 billion. Growth slowed slightly from previous quarters due to the new handset leasing model introduced at T-Mobile US. Adjusted EBITDA increased 12.9 percent to EUR 5.2 billion. On an organic basis, excluding exchange rate effects and acquisitions and divestments, revenue rose 2.2 percent and EBITDA was up 8.1 percent.Net profit jumped 59.9 percent to EUR 809 million and was up by 30 percent to EUR 1.0 billion excluding one-time items. Deutsche Telekom said it would continue the high investments in broadband in order to sustain growth. In the third quarter, cash capex excluding spectrum licences reached 2.7 billion, up 8.2 percent from a year earlier. Free cash flow still increased 16.3 percent to EUR 1.3 billion. Deutsche Telekom confirmed its guidance for the full year 2015. Based on a constant exchange rate of USD 1.33 per euro, the company expects adjusted EBITDA of around EUR 18.3 billion and free cash flow of EUR 4.3 billion.

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Whole Foods 4Q profit tumbles, sales fall short of Street

2015-11-05 02:53:25| Grocery - Topix.net

In this June 24, 2015 file photo, pedestrians and motorists pass in front of a Whole Foods Market store in New York's Union Square. Whole Foods reports quarterly financial results on Wednesday, Nov. 4, 2015.

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Earnings Watch: XPO Losses, Revenue Grow; USA Truck Profit Falls

2015-11-05 02:11:27| Trucking - Topix.net

XPO Logistics, which closed this week on its purchase of Con-Way Inc., reported more revenue but a bigger loss in its third-quarter earnings report, while the mainly truckload fleet USA Truck showed a smaller profit. XPO Logistics Inc. reported a net loss of $35.4 million for the quarter, compared with a net loss of $11.6 million for the same period in 2014.

Tags: usa watch falls profit

 

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