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Zalando ups FY guidance after strong Q2

2020-07-16 12:48:00| Daily apparel & textile news and comment - from just-style.com

German fashion e-tailer Zalando has raised its full-year guidance after what it called exceptionally strong and profitable growth in the second quarter as consumers are increasingly turning to online amid Covid-19.

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Telenor cuts FY outlook as underlying revenues turn lower in Q2

2020-07-16 09:19:00| Telecompaper Headlines

(Telecompaper) Telenor has lowered its outlook for full-year results, after the Covid-19 outbreak led to a slowdown in the second quarter. Organic growth in subscription and traffic revenues turned negative in the quarter, down 3.6 percent, and Telenor now expects a low single-digit decline over the full year. Cost reductions helped the company lift EBITDA in the quarter, and Telenor targets a stable result in the full year. 

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Huawei posts revenues up 13% in H1 after better Q2

2020-07-14 08:44:00| Telecompaper Headlines

(Telecompaper) Huawei announced revenues of CNY 454 billion for the first half of 2020, up 13.1 percent from a year earlier. The figures suggest a strong recovery in the second quarter, after the company earlier reported only 1.4 percent growth in Q1. The company said its net profit margin was 9.2 percent in the first half, compared to 7.3 percent reported for Q1. 

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AkzoNobel Delivers \'Robust\' Profitability During Q2

2020-07-13 15:18:46| Coatings World Breaking News

Will provide further information and publish financial results for the second quarter and half-year on July 22, 2020.

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Samsung sees higher operating profit for Q2

2020-07-07 09:08:00| Telecompaper Headlines

(Telecompaper) Samsung has issued a guidance for its second quarter, saying it expects to report a higher operating profit despite lower revenues year-on-year and sequentially.

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