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Tag: revenue outlook
Vodafone keeps outlook as organic service revenue lifts 2.2% in Q1
2017-07-21 09:21:00| Telecompaper Headlines
(Telecompaper) The Vodafone Group gave a trading update for fiscal first quarter to June, showing revenues fell 3.3 percent to EUR 11.5 billion. In Europe, revenues were down 4.8 percent, while elsewhere revenue increased by 1.2 percent. Service revenue declined 4.6 percent (Europe -6.2%, elsewhere +1.3%), but on an organic basis (excluding India) showed an increase of 2.2 percent (Europe +0.8%, elsewhere +7.9%). Ignoring the effect in Europe of regulation, growth would have been at 1.8 percent, Vodafone said.
Tags: in
service
revenue
organic
Altice maintains outlook as revenue slide continues
2016-08-09 08:41:00| Telecompaper Headlines
(Telecompaper) Altice reported a continued slide in revenues in the second quarter, driven by weakness at SFR in France. Total revenues fell 2.6 percent year-on-year to EUR 5.828 billion, while French revenues dropped 4.3 percent to EUR 2.781 billion amid continued subscriber losses at SFR. Growth in the US as well as Portugal helped Altice's adjusted EBITDA increase 2.7 percent to EUR 2.265 billion, and the margin expanded by 2 percent points to 38.9 percent. Free cash flow fell 7.6 percent to EUR 1.157 billion on higher investment spending and a one-off payment for the joint venture in Israel. Altice reiterated its guidance for an improving trend in revenue this year at constant currency rates and mid-single digit growth in adjusted EBITDA in 2016.
Tags: continues
revenue
slide
outlook
Millicom cuts full-year outlook on weak revenue growth
2016-07-21 02:00:00| Total Telecom industry news
LatAm, African telco's CEO says he is navigating through sluggish macro-economic conditions.
Tags: growth
revenue
weak
outlook
Plumb Center owner cuts revenue outlook
2015-09-29 12:13:51| BBC News | Business | UK Edition
Shares in plumbing supplies firm Wolseley drop more than 10% after it reports a fall in profits and cuts revenue growth forecasts.
Tags: center
owner
revenue
outlook
Zoetis lowers 2015 revenue outlook
2015-05-06 11:54:28| Biotech - Topix.net
Animal-health company Zoetis Inc. announced plans Tuesday to cut $300 million in costs, including laying off at least 20% of its 10,000 employees, as it reported flat revenues in the first quarter. The company said it would shutter 10 manufacturing plants, eliminate layers of management and abandon some of its 300 product lines that aren't selling well.
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lowers
revenue outlook