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Honda fiscal Q4 operating profit falls 32% on recall costs, flat car sales

2015-04-28 14:26:42| Automakers - Topix.net

Tepid sales and a barrage of recall costs hammered profits at Honda Motor Co. in the latest quarter, forcing the carmaker to miss its main targets for full-year earnings and unit sales.

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Honda fiscal Q4 operating profit falls 32% on recall costs, flat car sales

2015-04-28 13:44:15| Auto Dealers - Topix.net

Tepid sales and a barrage of recall costs hammered profits at Honda Motor Co. in the latest quarter, forcing the carmaker to miss its main targets for full-year earnings and unit sales.

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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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BASF expects unchanged operating profit in 2015

2015-03-02 18:58:14| Canadian Plastics Headlines

BASF, the world’s largest chemical firm by sales, saw increased profits in 2014 but doesnt expect the same in 2015. The Germany-based company reported that its net profit in 2014 grew by 7.6 per cent to 5.1 billion euros (US$5.8… The post BASF expects unchanged operating profit in 2015 appeared first on Canadian Plastics.

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Volvo Cars' operating profit rises 17% in 2014

2015-02-26 09:32:27| Auto Dealers - Topix.net

Swedish car maker Volvo Car Corp. said its operating profit for the full year 2014 rose 17% as strong sales in China offset declining Volvo sales in North America. The Swedish car company, owned by China's Zhejiang Geely Holding Group Co., said operating profit last year was 2.25 billion Swedish kronor compared with 1.92 billion Swedish kronor in 2013 as vehicle sales rose 8.9% to 465,866 cars.

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