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Saudi Telecom reports net profit hike

2014-01-21 01:00:00| Total Telecom industry news

Change in accounting method for Indian investment boosts Saudi telco's bottom line.

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Gap reports higher profit, sticks to forecast

2013-11-22 17:36:03| Apparel - Topix.net

The upcoming holiday season is expected to be tough for retailers as U.S. shoppers plan to spend less and are demanding big bargains.

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Vivendi reports flat sales, lower profit in Q3

2013-11-15 08:59:00| Telecompaper Headlines

(Telecompaper) French media and telecom group Vivendi reported EUR 5.35 billion of revenue in the third quarter, compared to EUR 5.34 billion in the third quarter of 2012. Sales were driven by 18.5 percent growth to EUR 1.16 billion at Universal Music and a 6.8 percent increase to EUR 1.26 billion at Canal Plus, offset by lower sales at its other core operations, French operator SFR and Brazilian operator GVT. Group EBITA decreased 27.9 percent to EUR 587 million from EUR 814 million. Only Universal Music saw EBITA growth, of 36.6 percent to EUR 112 million, while EBITA at SFR declined by 37.8 percent to EUR 334 million. Vivendi's adjusted net profit fell by 14.8 percent to EUR 403 million from EUR 473 million. The group confirmed its annual targets and said it would continue looking at splitting its telecom and media assets.

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Mauritian sugar producer Terra Mauricia reports profit fall

2013-11-14 07:19:21| Sugar Industry News

Nov 13 (Reuters) - Terra Mauricia, a leading Mauritian sugar producers, reported a 26 percent fall in pretax profit for the first nine months of its financal year due to lower sales and a fall in prices for speciality sugars.

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Sempter Intl. reports industry profit stagnation

2013-10-30 06:00:00| Label and Narrow Web Breaking News

According to the placement firm's quarterly survey, government inactivity contributes to both a lack of growth and pessimism in the print and graphics industry.

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