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Investments weigh on Tod's Q1 profit
2015-05-14 13:38:00| Daily apparel & textile news and comment - from just-style.com
Luxury apparel and footwear business Tod's has said it is confident it will recover from a double-digit profit decline in the first quarter, after being weighed down by strategic investments.
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investments
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tods
Telef nica profit boosted by gain after O2 sale
2015-05-14 09:36:11| Telecom - Topix.net
Spanish telecommunications giant Telefonica SA said its first quarter net profit more than doubled, mostly because of a change in the way the company accounts for its U.K. unit after agreeing to sell that business. The Madrid company said Thursday that net profit jumped to EUR1.8 billion in the quarter, compared with a proforma EUR688 million a year earlier.
Cisco Q3 revenues up 5.1%, net profit grows 11.7%
2015-05-14 08:31:00| Telecompaper Headlines
(Telecompaper) Cisco reported revenues for its fiscal third quarter to April of USD 12.1 billion, up 5.1 percent from a year earlier. The data centre segment showed the strongest growth, with revenues up 21 percent to USD 801 million. Wireless sales rose by 9 percent to USD 611 million, security was up 14 percent to USD 412 million, and collaboration products increased revenue 7 percent to USD 973 million. Cisco's main products, switches and routers grew revenue by respectively 6 and 4 percent in Q3. The company's gross margin reached 62.5 percent, down slightly from 62.7 a year ago. Net profit rose 11.7 percent year-on-year to USD 2.4 billion or 47 cents a share. Operating cash flow fell to USD 3.0 billion from USD 3.2 billion a year ago, and Cisco ended the quarter with total cash of USD 54.4 billion, up from USD 53.0 billion at the end of 2014. The company reported product orders up 2 percent year-on-year in the quarter, led by by 7 percent growth in the enterprise and public sector markets and a 6 percent increase in the commercial sector. The service provider remained weak, with orders down 2 percent from a year earlier. Cisco said the US enterprise and public sector orders were particularly strong, growing respectively 21 and 10 percent. Orders in the EMEA region grew just 2 percent, and the APJC region returned to growth, with a 1 percent increase.
Tags: net
profit
revenues
cisco
Moncler sees Q1 profit surge 69%
2015-05-13 14:46:00| Daily apparel & textile news and comment - from just-style.com
Italian luxury fashion group Moncler remains confident in its outlook after seeing its first-quarter profit surge, thanks to significantly higher sales in its retail division.
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sees profit
Ciel Textiles 9-month profit rises on woven gains
2015-05-13 13:20:00| Daily apparel & textile news and comment - from just-style.com
A strong performance from its woven division helped Ciel Textiles, the Mauritius-listed clothing business which supplies a number of European retailers, to book a double-digit increase in profit for the first nine months of the fiscal year.
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gains
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