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Tag: sales
Gildan books Q3 profit drop on weaker activewear sales
2020-10-29 14:09:00| Daily apparel & textile news and comment - from just-style.com
Canadian apparel maker Gildan Activewear has seen third-quarter profits plunge as the impact of Covid-19 continued to batter sales.
Anheuser-Busch InBev bucks beer trend with sales rises in Q3 - results data
2020-10-29 11:14:00| Daily beverage news and comment - from just-drinks.com
Anheuser-Busch InBev enjoyed a stellar third quarter of 2020, going so far as to post sales growth in the three months while its brewing peers struggle to reach parity.
Tags: results
data
sales
trend
Veon returns to customer growth in Q3, takes Russia writedown on weak sales
2020-10-29 10:35:00| Telecompaper Headlines
(Telecompaper) Veon reported a return to customer growth in the third quarter, as coronavirus restrictions were gradually lifted in its markets. The decline in organic revenues slowed to 1.3 percent year-on-year, and the company maintained its forecast for a low to mid single-digit decline over the full year. With underlying EBITDA stable in the quarter, the margin improved to 45.1 percent from 44.4 percent a year ago.
Tags: sales
customer
returns
takes
Orange restores dividend as fibre expansion supports Q3 sales growth
2020-10-29 09:45:00| Telecompaper Headlines
(Telecompaper) Orange has confirmed a stable dividend for 2020, after reporting a return to sales growth in the third quarter. Growth in convergent offers and wholesale fibre in France and continued expansion in Africa and the Middle East supported the higher sales in Q3, offsetting the impact of the Covid-19 crisis, which hurt roaming and handset sales. Orange still expects a small drop in EBITDA this year, but a delay in capex means cash flow will be unaffected, supporting its dividend plans.
Tags: sales
growth
orange
supports
Telefonica slows sales decline to 12% in Q3, maintains cash flow target
2020-10-29 09:15:00| Telecompaper Headlines
(Telecompaper) Telefonica reported another double-digit decline in revenues in the third quarter, hurt by the Covid-19 pandemic and negative forex effects. Sales were down 12.1 percent to EUR 10.46 billion, compared to a 14.8 percent fall in Q2, while the drop in OIBDA slowed to 2.8 percent to EUR 2.67 billion, after a 25.3 percent drop in the previous quarter. On an organic basis, revenues fell 4.3 percent and OIBDA was down 8.3 percent.
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