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Tag: sales
Q2 Sales Up at Revlon
2016-07-19 14:11:00| Happi Breaking News
Slight gain according to preliminary results
Ericsson sales fall 11% in Q2, sees weak H2
2016-07-19 08:37:00| Telecompaper Headlines
(Telecompaper) Ericsson reported a further slowdown in sales in the second quarter, with revenues falling 11 percent year-on-year to SEK 54.1 billion due to the economic weakness in parts of the world. The company's main growth markets, China and North America, posted flat sales, and sales grew only in southeast Asia and Oceania. Ericsson said it expects the sales trend to continue in the second half of the year. A larger share of mobile broadband coverage contracts and services business led to a fall in the gross margin to 32.3 percent from 33.2 percent a year ago, and the operating margin dropped to 5.1 percent from 5.9, also impacted by a negative revaluation effects of currency hedge contracts. Net profit declined 26 percent year-on-year to SEK 1.6 billion, and operating cash flow was a negative SEK 0.7 billion. Ericsson said it will take further actions to reduce costs, targeting a new annual run rate of operating expenses, excluding restructuring charges, of SEK 53 billion in the second half of 2017.
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fall
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ericsson
Telenor trims sales, capex outlook, raises EBITDA target
2016-07-19 08:35:00| Telecompaper Headlines
(Telecompaper) Telenor has lowered its annual sales growth outlook and improved its EBITDA margin target, after a mixed performance across its operations in Q2. Revenues rose slightly to NOK 32.48 billion from NOK 31.41 billion a year ago, with growth held back by difficult market conditions in Thailand and Malaysia. Organic mobile service revenue was up 4 percent, while handset sales were lower. The company now expects to report organic revenue growth of just 1-2 percent over the full year, compared to its previous forecast of 2-4 percent. However, Telenor raised its EBITDA margin target to around 35 percent, from 33-34 percent previously, after an improvement in Q2 to 35.5 percent from 34.1 a year ago. Total EBITDA rose to NOK 11.55 billion from NOK 10.70 billion, helped by the contribution from Myanmar, which is already reporting positive cash flow. T
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US regulators investigate Fiat Chrysler sales reports
2016-07-18 21:31:04| BBC News | Business | UK Edition
Fiat Chrysler said it is being investigated by US regulators over its reporting of quarterly and annual results.
Tags: sales
reports
investigate
chrysler
Manufacturing sales fell one per cent to $49.9 billion in May: StatsCan
2016-07-18 18:59:00| Canadian Plastics Headlines
Statistics Canada says the decline came as sales of motor vehicles and petroleum and coal products dropped; but sales of plastics and rubber products increased. The post Manufacturing sales fell one per cent to $49.9 billion in May: StatsCan appeared first on Canadian Plastics.
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