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Telecom Italia 9-mth revenues down 3%, won't meet FY debt target

2018-11-09 08:35:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) reported consolidated revenues of EUR 14.2 billion in the 9 months to 30 September, up 1.1 percent year-on-year on an organic basis but down 3.1 percent on a comparable basis, hurt by regulatory impacts including a return to monthly billing in Italy, a weakening of the exchange rate in Brazil and an adverse competitive impact at home. The company said comparable earnings before interest, tax, depreciation and amortization (EBITDA) in the first nine months fell 2.9 percent to EUR 6.03 billion (up 0.4% organically), while adjusted net financial debt stood at EUR 25.19 billion at the end of September. As a result of these factors and a possible domestic fine of EUR 74.3 million imposed on the phone group after the Italian government activated the so-called "golden power" rule, TIM announced that it is no longer able to reaffirm its net debt to core earnings target for the end of the year.

Tags: meet target italia debt

 

Outdoor brand Ternua hits target for PFC-free clothing

2018-10-30 13:45:00| Daily apparel & textile news and comment - from just-style.com

Outdoor clothing firm Ternua says it has become the first Spanish brand to completely eliminate perfluorinated compounds (PFCs) from the textiles used in its latest collection, achieving a target the company set itself in 2009.

Tags: brand outdoor target clothing

 
 

Inditex, M&S, Target join pledge to end plastic waste

2018-10-29 14:00:00| Daily apparel & textile news and comment - from just-style.com

Burberry, H&M and Inditex are among more than 250 organisations to have signed a new global commitment led by the Ellen McArthur Foundation to eradicate plastic packaging waste and pollution.

Tags: end join target plastic

 

Euro Parliament Environment Committee proposes higher target for zero-emissions HDVs, adds buses

2018-10-28 11:57:26| Green Car Congress

Tags: euro higher environment target

 

Xiaomi to pass FY target in October with over 100 mln smartphones shipped

2018-10-25 09:47:00| Telecompaper Headlines

(Telecompaper) Xiaomi announced that it will meet its full-target for 100 million smartphones shipped already at the end of October. The announcement came at the unveiling of its latest flagship product, the Mi Mix 3, at the Forbidden City in Beijing. 

Tags: october pass target shipped

 

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