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Packer gross margins following COVID-19

2020-11-25 17:38:00| Beef

Heres a look at how packers have fared in the wake of COVID disruptions.

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Nokia restores guidance as margins improve in Q2, sales down 11%

2020-07-31 08:47:00| Telecompaper Headlines

(Telecompaper) Nokia reported second-quarter sales down 11 percent year-on-year to EUR 5.09 billion, hurt by the effects of the Covid-19 pandemic and weakness in China. However, the company continued to improve profitability, thanks to its restructuring, and adjusted net earnings rose 20 percent to EUR 0.06 per share. With the impact of the pandemic less than expected in Q2, the group returned to its previous guidance for the full year. 

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Samsung improves margins on lower sales in Q2, sees gradual recovery in H2

2020-07-30 08:45:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics reported higher earnings for the second quarter, helped by continued demand for its memory chips as well as a one-time gain at its display business. This helped offset the slump in the smartphone market and overall weaker consumer demand in April and May. Samsung said it expects a gradual recovery in demand for mobile devices and consumer electronics in the second half of the year, helped by the launch of new products. 

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Ericsson maintains outlook on small rise in Q2 sales, improving margins

2020-07-17 08:51:00| Telecompaper Headlines

(Telecompaper) Ericsson has maintained its full-year and 2022 targets, after reporting a small increase in sales and improving margins for Q2. Underlying revenues at its main Networks business rose 4 percent in the quarter, helped by continued 5G expansion in North America and deployments in northeast Asia. 

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Xiaomi revenue growth slows to 14% in Q1, margins improve on growing ASP

2020-05-20 14:52:00| Telecompaper Headlines

(Telecompaper) Xiaomi reported slower revenue growth in the first quarter, with sales up 13.6 percent to CNY 49.7 billion. While volumes slowed due to the coronavirus outbreak, the company managed to improve its average selling price thanks a greater focus on premium 5G models and continued expansion in Europe. Gross profit jumped 44.9 percent to CNY 7.56 billion, and adjusted net profit increased 10.6 percent to CNY 10.3 billion.

Tags: asp improve growth growing

 

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