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SUV sales boost BMW's earnings
2015-05-06 10:11:15| BBC News | Business | UK Edition
German carmaker BMW speeds past quarterly earnings expectations, thanks to strong SUV sales.
Tags: sales
earnings
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suv
Hong Kong March Retail Sales: All-Around Weakness
2015-05-06 08:53:14| Footwear - Topix.net
March Hong Kong retail sales continue to show the ongoing challenge that the city faces due to declining tourists from mainland China. Jewelry and luxury items remain key drags, while department stores also felt the pain of declining tourist dollars.
Telenor organic sales up 7.6%, margins still under pressure
2015-05-06 08:43:00| Telecompaper Headlines
(Telecompaper) Telenor reported all-time high revenues in the first quarter, with organic sales growth reaching 7.6 percent. As the operator is confident it will see another good year, it has raised its 2015 guidance for organic revenue growth to 5.7 percent and its EBITDA margin expectations to 34-36 percent. The capex to sales ratio is seen at 17-19 percent, reflecting higher investments in Thailand and Myanmar in addition to the recently launched satellite. Revenues for the quarter rose to NOK 30.2 billion from 25.3 billion the year before while EBITDA before other items reached an all-time high of NOK 10.6 billion from 9.1 billion, despite start-up costs in Myanmar and continued high handset sales. The EBITDA margin went lower to 35.0 percent from 35.8 percent while the operating cash flow lifted to 6.1 billion from 5.5 billion. The net profit advanced to NOK 4.1 billion from 3.7 billion. The company added 5.9 million mobile customers during the quarter, taking total subscriber numbers to 190 million. Telenor said more than one third of all subscribers are now active.
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organic
Will 2015 Plug-In Electric Car Sales Exceed Last Year's Total?
2015-05-06 07:19:55| Auto Dealers - Topix.net
With most of the data now in for April sales of plug-in electric cars, it's looking as though the first four months of 2015 aren't seeing notably higher numbers than those of 2014. As always, there's some slop in the numbers because Tesla Motors, Fiat Chrysler, and Kia Motors refuse to break out their plug-in car sales.
How Can the US Dollar Hamper Sales?
2015-05-06 07:00:00| Happi Breaking News
Blyth sees Q1 slips due to euro translation.
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