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Tag: sales
Ralph Lauren swings to Q1 loss on lower sales
2016-08-11 12:35:00| Daily apparel & textile news and comment - from just-style.com
Ralph Lauren has swung to a loss in its first-quarter on lower sales and expenses related to its turnaround, but results beat management expectations and the company reaffirmed its full-year outlook.
BMW says electrified models exceeding sales expectations, especially in Europe
2016-08-11 10:55:33| Green Car Congress
Tags: sales
europe
models
expectations
China Mobile grows H1 sales 7% on strong 4G uptake
2016-08-11 09:08:00| Telecompaper Headlines
(Telecompaper) China Mobile reported improving results in the first half of 2016, growing operating revenue 7.1 percent year-on-year to CNY 370.4 billion. Growth in telecom service revenues improved to 6.9 percent to CNY 325.4 billion, compared to an increase of 4.9 percent in the first quarter of 2016. EBITDA rose 2.9 percent to CNY 134.4 billion, and net profit increased 5.6 percent to CNY 60.6 billion. The company declared an interim dividend of HKD 1.489 per share.
Tags: sales
china
mobile
strong
Deutsche Telekom maintains FY growth outlook, Q2 sales up 2%
2016-08-11 08:15:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom reported second-quarter revenues up 2.2 percent year-on-year to EUR 17.8 billion, led by the customer growth at T-Mobile US. On an organic basis, adjusted for exchange rate effects, revenue increased by 3.9 percent. DT said its decision to reduce the low-margin handset distribution business in Germany took around 0.7 percent off revenue. Adjusted EBITDA increased by 8.6 percent to EUR 5.5 billion and rose 9.9 percent on an organic basis. The improvement in EBITDA was partially offset by higher depreciation and amortization, mainly as a result of the further roll-out of LTE and handset leasing the US. This led to a drop in net profit to EUR 621 million from EUR 712 million a year ago. Free cash flow fell 4.0 percent to EUR 1.3 billion, hurt by no more dividends from EE, and an increase of 3.5 percent in capital expenditure to EUR 2.664 billion, excluding spectrum. Deutsche Telekom said the positive development in the second quarter supports its guidance for the full year.
Tags: up
sales
growth
deutsche
China's cinema boom loses its lustre as sales slump
2016-08-11 03:42:53| BBC News | Business | UK Edition
Some of the shine has come off the silver screen in China as a 15% fall in cinema attendance in July added to an ongoing box office downturn.
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