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Sky's 9-mth operating profit up 12% to GBP 1.14 bln

2016-04-21 09:35:00| Telecompaper Headlines

(Telecompaper) European pay-TV provider Sky reported operating profit for the nine months to March up 12 percent year-on-year to GBP 1.14 billion after experiencing "good trading" across all its markets. Group revenues grew by 5 percent to GBP 8.72 billion, with a 6 percent increase in UK and Ireland and a 10 percent growth in Germany and Austria offsetting a 2 percent fall in sales in Italy. Overall Sky said 177,000 new customers joined in the quarter to the end of March to reach a total of 21.7 million across its European operations. 

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UPDATE 1-BASF braces for lower operating profit on oil, China

2016-02-26 08:25:35| Chemicals - Topix.net

LUDWIGSHAFEN, Germany, Feb 26 BASF, the world's largest chemical company by sales, warned investors of a drop in operating income this year on weak chemical sales volumes in China and as the lower crude price weighs on its oil and gas division. Earnings before interest and tax , adjusted for one-off items, will decline slightly this year, BASF said on Friday.

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Berkshire posts record profit on Kraft Heinz, operating profit dips

2015-11-07 00:12:41| Food - Topix.net

Third-quarter net income rose to $9.43 billion, or $5,737 per Class A share, from $4.62 billion, or $2,811, a year earlier. Operating profit fell 4 percent to $4.55 billion, or $2,769 per share, from $4.72 billion, or $2,876.

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SIA Q2 operating profit dips, warns of uncertain economic conditions

2015-11-05 13:14:53| Airlines - Topix.net

The airline made an operating profit of S$129 million at the group level for the three months ended September, down slightly from S$132 million in the same period a year ago. SINGAPORE: Singapore Airlines posted on Thursday a 2.3 per cent drop in second quarter operating profit as weaker performance by its flagship carrier offset improvements at SIA Engineering and SilkAir.

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Sharp's operating profit plunges 86%

2015-10-30 08:40:45| BBC News | Business | UK Edition

Troubled Japanese tech firm Sharp sees its operating profit tumble 86% in the three months to September from a year ago.

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