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Ontario Power Generation sees profits rise hydroelectric stations revenue

2013-08-16 07:23:15| Energy - Topix.net

Ontario Power Generation Inc. says profits increased by 70 per cent in the second quarter due to higher revenue from hydroelectric stations.

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Huawei sees 40% revenue rise in enterprise network business this year

2013-08-08 02:00:00| Total Telecom industry news

Chinese vendor takes on likes of Cisco, Juniper Networks.

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Swisscom raises revenue outlook, sees new CEO by year-end

2013-08-07 09:25:00| Telecompaper Headlines

(Telecompaper) Swisscom reported a small drop in first-half results, but raised its full-year revenue outlook thanks to recent acquisitions. Sales for the first six months of the year dropped 0.4 percent to CHF 5.6 billion, and EBITDA fell 5.5 percent to CHF 2.1 billion. The company blamed the drop on general price erosion in the Swiss market and lower roaming revenue, while growth in customer numbers also increased costs. Net income fell by 9.7 percent to CHF 819 million. Capex was down 0.4 percent in the first half to CHF 1.0 billion, but the company still expects a higher result for the full year. Revenues for 2013 are now estimated at over CHF 11.4 billion, up from an earlier outlook of CHF 11.3 billion, following the acquisitions of Entris and Cinetrade in H1, which are expected to add about CHF 150 million this year. Swisscom maintained its EBITDA outlook, for at least CHF 4.25 billion in 2013, and capex is forecast at CHF 2.4 billion. The company also announced that it expects to appoint a new CEO before year-end, and Christian Petit has been named the new head of Swisscom Switzerland from 1 September.

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Brasil Foods Sees Revenue Rise

2013-07-30 02:00:00| ThePigSite - Industry News

BRAZIL - Brazilian poultry, meat and food processor Brasil Foods saw the company’s net revenue rise by 10 per cent in the second quarter of the year to R$7.5 billion.

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Marfrig Sees Large Revenue and Profit Growth

2013-04-04 02:00:00| ThePigSite - Industry News

BRAZIL - Brazilian meat and poultry processor Marfrig has seen net revenue growth of 21.0 per cent in the fourth quarter of 2012 compared to the same quarter in 2011 and growth of 12.9 per cent in the whole year compared to 2011.

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