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Vimpelcom sees service revenue slow in Q2 to fall of 1%

2016-08-04 08:50:00| Telecompaper Headlines

(Telecompaper) Vimpelcom said it expects to achieve only the lower end of its full-year targets, after a slowdown in service revenues in Q2. Its total revenue fell 16 percent year-on-year to USD 2.156 billion in the three months to June, and service revenue dropped 17 percent to USD 2.089 billion. In addition to negative currency effects, the company saw an organic revenue decline of 2 percent in its home market Russia and organic sales fell 15 percent in Algeria. Group EBITDA fell 26 percent to USD 795 million, hurt by the weaker sales and USD 116 million in restructuring costs, and the margin dropped to 36.9 percent from 41.6 a year ago. On an organic basis, service revenue fell 0.7 percent, as 26 percent growth in mobile data was offset by lower voice revenue.

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Republic Services Sees YOY Revenue Gain in Q2

2016-07-29 15:20:00| Waste Age

The Phoenix-based hauler saw strong metrics on core price and continued to progress on its fleet maintenance standardization and customer service initiatives. read more

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AO World sees strong revenue growth

2016-03-31 10:05:17| BBC News | Business | UK Edition

Online domestic appliance retailer AO World sees its shares jump after it says its business has "performed strongly".

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UPDATE 1-UK's AG Barr sees revenue improving after festive cheer

2016-01-29 10:34:15| Beverages - Topix.net

Jan 29 AG Barr, the maker of Irn-Bru and Rubicon fizzy drinks, said it expected fourth-quarter revenue growth in excess of 2.5 percent, after a robust performance in the Christmas period. The Cumbernauld, Scotland-based soft drinks maker said its trading strategy and brand execution helped it offset a challenging and highly competitive UK market.

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Intel raises dividend, sees return to revenue growth in 2016

2015-11-20 09:48:00| Telecompaper Headlines

(Telecompaper) Intel has approved an increase in its cash dividend by 8 percent to USD 1.04 per share on an annual basis, starting with the dividend that will be declared in the first quarter. The company also provided a business outlook for 2016. The company is guiding for revenue growth in the mid-single digits, a gross margin at 62 percent, plus or minus a couple points, and spending down by half a point as a percent of revenue. Capital expenditure is forecast to increase to USD 10 billion, plus or minus USD 500 million, compared to guidance for this year of USD 7.3 billion. 

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