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Tag: profit
Tod's optimistic despite H1 profit fall
2015-08-07 12:06:00| Daily apparel & textile news and comment - from just-style.com
Footwear-led fashion group Tod's has offered an optimistic outlook, despite booking a decline in earnings in its first-half.
Tags: fall
profit
optimistic
tods
Telecom Italia net profit down sharply in H1 to EUR 29 mln
2015-08-07 08:40:00| Telecompaper Headlines
(Telecompaper) Telecom Italia reported a sharp fall in first-half net profit, to EUR 29 million from EUR 543 million a year earlier. The company was hurt by a range of one-time charges for restructuring, legal settlements and financial transactions. Telecom Italia said that without these one-times, profit would have reached EUR 650 million. The group's revenues were also down 4.3 percent from a year earlier to EUR 10.097 billion, with a 2.1 percent fall in Italy and 10.7 percent drop in Brazil. On an organic basis, excluding currency effects and changes in scope, revenues fell 3.3 percent. EBITDA dropped to EUR 3.633 billion from EUR 4.345 billion a year ago, and the margin fell to 36.0 percent from 41.2. Excluding the EUR 399 million in one-time charges, EBITDA was down just 5.0 percent, with a margin at 39.9 percent. Operating cash flow declined to EUR 701 million from EUR 1.044 billion, hurt by the cost of renewing the GSM licence in Italy and investments in new services. Adjusted net financial debt reached EUR 26.992 billion at the end of June, up by EUR 341 million from the end of 2014, as income from the Inwit IPO and towers sales was offset by higher costs for real estate and towers leases.
Michael Kors Q1 profit falls despite sales rise
2015-08-06 16:05:00| Daily apparel & textile news and comment - from just-style.com
Luxury lifestyle brand Michael Kors saw its first-quarter net profit fall despite higher sales in North America, Europe and Japan.
Tags: sales
michael
rise
falls
Liberty Media reports operating profit decline
2015-08-06 12:33:01| Telecom - Topix.net
Liberty Media Corp. said operating profit in its latest quarter fell as a legal settlement offset strength in SiriusXM Holdings Inc., in which Liberty owns a majority stake. SiriusXM had an "outstanding" quarter, according to Liberty, with subscribers growing 46 percent to 692,000.
Tags: media
reports
operating
profit
Ralph Lauren Q1 beats expectations despite profit fall
2015-08-06 11:34:00| Daily apparel & textile news and comment - from just-style.com
Ralph Lauren reported "better-than-expected" profitability in its first-quarter thanks to strong progress made on key strategic initiatives.
Tags: fall
profit
expectations
ralph
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