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Tag: growth
Liberty Global targets acceleration in cash flow growth
2016-02-16 08:44:00| Telecompaper Headlines
(Telecompaper) Cable operator Liberty Global reported a strong finish to 2015, with net additions of 344,000 revenue-generating units in the fourth quarter. Revenues were up 4 percent and operating cash flow 6 percent higher on an organic basis in Q4, led by Virgin Media in the UK and Unitymedia in Germany. CEO Mike Fries said the company saw a stronger second half of 2015 than the first six months, and Liberty Global expects the growth to improve further in 2016. The growth will be driven by the 'Liberty 3.0' plan, to enhance revenue and operating cash flow by focusing on B2B, mobile, network expansion and cost controls over the next three years. The company expects to deliver 5-7 percent organic OCF growth in Europe in 2016, excluding the Dutch business Ziggo, which is being merged with Vodafone Netherlands, and the recently acquired Belgian mobile operator Base. Over the next three years, operating cash flow is expected to grow at an organic rate of 7-9 percent.
Orange targets return to EBITDA growth in 2016
2016-02-16 08:21:00| Telecompaper Headlines
(Telecompaper) Orange stabilised its adjusted EBITDA in 2015 and said it aims for a return to growth in 2016. The company reported a result of EUR 12.43 billion for the year, up 0.1 percent on an organic basis and 1.9 percent higher on a reported basis. The figure was better than Orange's outlook for EBITDA of at least EUR 12.3 billion. Revenues were still down 0.1 percent on an organic basis to EUR 40.24 billion, amid declines in France, Spain and Poland. Net profit more than doubled, to EUR 2.96 billion from EUR 1.23 billion, thanks to lower taxes and results from the UK venture EE. Orange attributed the improved results to investments in networks, with capex up 9.3 percent to EUR 6.49 billion. The company also confirmed its annual dividend at EUR 0.60 per share and said it aims to pay the same amount next year. Orange said its talks with Bouyges Telecom an a potential merger in France are ongoing and will take several weeks yet to reach an agreement.
Tags: return
growth
orange
targets
Global Titanium Dioxide Market Set for Explosive Growth, To Reach Around USD 17.00 Billion by 2020
2016-02-16 06:00:00| Coatings World Breaking News
Tags: set
market
global
growth
AB Vista Plans for Continued Growth in Former Soviet Union
2016-02-16 01:00:00| ThePigSite - Industry News
GLOBAL - AB Vista has appointed a new Technical Sales Manager to its Former Soviet Union region, as it continues to expand its product and service offering in the emerging market.
Tags: plans
growth
continued
vista
Virgin Media Q4 growth driven by UK ops
2016-02-16 01:00:00| Total Telecom industry news
Ireland division loses customers, reports lower revenue for three months to 31 December.
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