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Coca-Cola Enterprises eyes growth as Q1 profits, sales fall
2015-04-30 16:03:00| Daily beverage news and comment - from just-drinks.com
Coca-Cola Enterprises (CCE) has said it expects full-year organic sales and profits growth after posting a drop in reported Q1 numbers.
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Sony forecasts drop in smartphone sales this year
2015-04-30 13:18:00| Telecompaper Headlines
(Telecompaper) Sony announced new medium-term targets for its mobile phone business. It now targets revenues of JPY 1.00-1.25 trillion for the activities in the year to March 2018, compared to a forecast in February of JPY 0.90-1.10 trillion. The higher forecast is due to the inclusion of its So-net unit in the mobile division. The operating margin target was left unchanged at 3-5 percent in FY 2018. In the past year, mobile sales rose 11 percent to JPY 1.32 billion, while the operating result was a loss of JPY 220.4 billion, mainly due to a goodwill impairment of JPY 176 billion as well as the stronger US dollar. In the last quarter to March, mobile revenues were up 1.2 percent year-on-year to JPY 27.16 billion (or +5% at constant currencies), while the operating loss widened to JPY 55 billion from JPY 15 billion. Smartphone unit sales were unchanged over the full year at 39.1 million and fell to 7.9 million in the fourth quarter form 8.8 million a year ago. Sony forecast mobile sales to fall around 7 percent this year to JPY 1.31 trillion, as it scales back its mid-range phones to concentrate on more profitable models. Unit sales will drop to an estimated 30 million, while the operating loss should reduce to JPY 39 billion, thanks in part to restructuring.
CAS DataLoggers Visits Germany for Sales Partner Conference
2015-04-30 12:31:11| Industrial Newsroom - All News for Today
Next-Generation Data Acquisition and Control Systems from Delphin CHESTERLAND OH Right now CAS DataLoggers is in Germany at Delphin Technology for Delphin's annual Sales Partner Conference. Delphin's conferences draw international guests from Europe and overseas. At this year's Conference, the focus of the event...
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germany
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Nokia sales up 20% to EUR 3.2 bln, network profit plummets
2015-04-30 08:45:00| Telecompaper Headlines
(Telecompaper) Nokia reported first-quarter sales from continuing operations up 20 percent from a year earlier to EUR 3.2 billion, with earnings per share improving by 25 percent to EUR 0.05 a share. First-quarter profit increased 65 percent to EUR 181 million from EUR 110 million in the previous year. Nokia attributed the results to strong performance at Nokia Technologies and its mapping business Here, with year on year sales at the two units up 103 percent and 25 percent respectively to EUR 266 million and EUR 261 million. However, good growth at its main telecom networks division was offset by plummeting profitability, helping to explain why the company agreed to buy rival Alcatel-Lucent earlier this month in a proposed EUR 15.6 billion deal. First quarter sales at Nokia Solutions and Networks were up 15 percent to EUR 2.67 billion, driven by a 47 percent increase in North America and a 31 percent rise in China. However, core operating profit at the unit fell 61 percent from a year ago to EUR 85 million, or 3.2 percent of sales, compared to 9.3 percent a year earlier. Nokia said profits dropped due to lower software sales, higher research and development costs and challenging conditions in Europe and Latin America, not to mention what it described as "strategic entry deals". The company said it expected some of the negative factors to ease in the second half of 2015 and forecast full-year operating margin at the unit to be around the midpoint of its long-term target of 8 percent to 11 percent.
Tags: sales
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Praxair profits drop on weak sales
2015-04-30 08:18:07| Chemicals - Topix.net
Profits at Praxair, a Danbury-based manufacturer of industrial gases, dropped about 7 percent during first quarter due to pressure on international sales from a strong dollar and lower commodity prices, company executives reported Wednesday. Praxair also lowered expectations for revenue and earnings per share for the coming year during a conference call Wednesday.
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