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MTS raises outlook as revenues increase 7% in Q3
2015-11-18 07:11:00| Telecompaper Headlines
(Telecompaper) Revenues of Russian and CIS operator MTS Group grew by 7.4 percent year-on-year in the third quarter to RUB 115 billion, led by demand for data services and smartphones. Adjusted OIBDA totaled RUB 48 billion, down by 2.4 percent, and the adjusted OIBDA margin was 41.7 percent. MTS said OIBDA was impact by cost inflation, margin pressure outside Russia and new commercial policies in its retail network. Net profit dropped by 6.4 percent to RUB 14.4 billion, hurt by forex losses. MTS raised its guidance for the full year and now expects annual revenue growth of around 4 percent, compared to a previous outlook for at least 2 percent growth. The company maintained its forecast for an OIBDA margin of over 40 percent and capital expenditure of around RUB 92 billion over the full year. In Russia, revenues grew by 4.7 percent to RUB 103.92 billion in the third quarter, while OIBDA declined 2.1 percent to RUB 44.53 billion amid higher costs for increased smartphone sales. Mobile revenues, including sales of devices, grew by 6.4 percent to RUB 90.6 billion, led by 20.2 percent growth in data revenues to RUB 20.6 billion. The subscriber base grew by 3.6 million compared to a year ago to 76.9 million at the end of September, while ARPU dropped by 4.6 percent to RUB 341.
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Biosecurity gaps can increase risk for PEDV
2015-11-17 22:17:39| National Hog Farmer
An outbreak of porcine epidemic diarrhea virus (PEDv) generally indicates a breakdown in a farm’s biosecurity program. Biosecurity is complex, and every plan is different. read more
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risk
gaps
biosecurity
OSHA Ordered to Increase Safety Violations Penalties
2015-11-17 16:19:00| Electrical Construction & Maintenance
Federal penalties for workplace-safety violations were ordered increased this month for the first time since 1990 read more
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safety
ordered
violations
Brent prices increase as risk premium weakens
2015-11-17 01:00:00| Offshore Technology
Brent oil prices have had a moderate increase after the risk premium eased that followed Friday's terrorist attacks in Paris.
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prices
premium
risk
Johnson & Johnson Needs To Become More Innovative To Increase Sales
2015-11-16 20:08:17| Biotech - Topix.net
With EPS for 2015 set to come in at $6.18, Johnson & Johnson will likely miss the projected EPS of $6.57 that I had originally forecasted for the company. In a previous article written on January 26 of this year, I asserted that Johnson & Johnson was not overvalued at the price of $105 at the time and could see a 35 percent upside over the next five years.
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sales
increase
johnson
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