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Avnet reports first quarter revenue increase
2014-10-24 06:32:58| Electronics - Topix.net
Avnet Inc. reported an 8 percent increase today in first-quarter revenue from the previous year.
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Austin airport terminal expansion to help increase capacity
2014-10-24 01:00:00| Airport Technology
Austin City Council in Texas, US, has approved a $1.8m expansion project that will add seven new gates at Austin-Bergstrom International airport (ABIA).
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capacity
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airport
Coca-Cola FEMSA posts nine-month sales, profits increase
2014-10-23 14:17:00| Daily beverage news and comment - from just-drinks.com
Coca-Cola FEMSA has reported a healthy lift in nine-month sales as the group continued to benefit from its acquisitions in Brazil and Mexico last year.
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Telekom Austria confirms plans for capital increase
2014-10-23 08:56:00| Telecompaper Headlines
(Telecompaper) Telekom Austria has confirmed plans to hold a capital increase by the end of the year. The operator received approval from shareholders in August to raise up to EUR 1 billion in a share sale. Further details of the offering will be announced later. Telekom Austria confirmed the news alongside its third-quarter results, which showed continued pressure from the weak economy and regulation in central and eastern Europe. Revenues showed an improvement, rising 1.2 percent year-on-year to EUR 1.05 billion in Q3, thanks to growth in Belarus and Croatia and a smaller decline in Austria. Cost reductions in its home market helped adjusted EBITDA rise 15.8 percent to EUR 415 million, and net profit more than doubled to EUR 123 million from EUR 51 million a year ago. Profit benefited from lower restructuring charges as well as a one-time gain of EUR 26.8 million from the merger of Mobilkom liechtenstein with Telecom Liechtenstein. Telekom Austria said it will continue to focus on cost control and convergence to drive revenue growth. It maintained its outlook for an around 3.5 percent fall in revenue this year. Capital expenditure is expected at EUR 650-700 million, after EUR 473 million in the first nine months, and the group will pay a dividend of EUR 0.05 per share.
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austria
H&V announces price increase
2014-10-23 07:00:00| Nonwovens Industry Breaking News
3-5% increase effective January 1.
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increase
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