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Etam Group posts double-digit FY profit rise
2015-04-21 12:40:00| Daily apparel & textile news and comment - from just-style.com
Women's wear, lingerie and accessories retailer Etam Group has booked a double-digit increase in annual net profit, thanks to improved sales and margin growth.
Akzo Nobel profit boosted by forex, revamp
2015-04-21 10:04:36| Chemicals - Topix.net
Akzo Nobel NV said Tuesday that first-quarter net profit rose 24% as the Dutch paint and chemicals maker benefited from currency gains and restructuring efforts. Amsterdam-based Akzo Nobel, known for paints such as Dulux and Sikkens, said net profit was 160 million euros in the first three months of 2015, up from EUR129 million in the same period a year earlier.
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ARM quarterly profit up by 33%
2015-04-21 09:25:00| Telecompaper Headlines
(Telecompaper) ARM Holdings reported first-quarter revenues up 22 percent to GBP 227.5 million. In dollars, the figure rose 14 percent to USD 348.2 million, with 31 percent growth in royalty revenue offsetting a 2 percent fall in licensing revenue. The group added 30 new processor licences in the quarter, and shipments of products based on its licences rose 31 percent year-on-year. The chip designer increased its adjusted operating margin to 51.7 percent from 50.4 percent a year ago, and pretax profit rose by a third to GBP 103.4 million. Earnings per share were up 36 percent to 6.0 pence, and ARM generated GBP 68.5 million in cash in the quarter, compared to GBP 40.1 million a year earlier. ARM said it had an encouraging start to 2015 and expects group dollar revenues for the full-year 2015 to be at least in line with current market expectations. For Q2, the market is expected to show a seasonal slowdown.
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Sky grows 9-mth operating profit 20%
2015-04-21 08:43:00| Telecompaper Headlines
(Telecompaper) European pay-TV provider Sky reported operating profit for the nine months to March up 20 percent year-on-year to GBP 1.025 billion. Group revenues grew by 5 percent to GBP 8.453 billion, amid a 6 percent increase in UK and Ireland, 9 percent growth in Germany and stable results in Italy. Subscription revenues were up 5 percent to GBP 7.280 billion, after the company added a total 947,000 customers in the past 12 months. In the three months since its last financial report, Sky gained 241,000 customers, for a total 20.848 million at the end of March. The number of products sold rose by just over 1 million in the quarter to 53.035 million. Sky said it was making good progress with its integration process and was on track to realise GBP 200 million in synergies by the second year after merging its European operations.
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sky
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Credit Suisse quarterly profit rises
2015-04-21 08:40:26| BBC News | Business | UK Edition
Credit Suisse says quarterly profit rose by 23% from a year earlier because of gains from its securities trading and wealth management divisions.
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profit
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suisse
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