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Tag: sales growth
China's auto sales growth accelerates in July but Chinese brands lag global rivals
2013-08-09 14:23:35| Auto Dealers - Topix.net
China's auto sales accelerated in July but domestic brands lagged behind fast-growing global rivals in the world's biggest vehicle market, an industry group reported Friday.
BMW sales growth in China outpaces Mercedes, Audi in luxury car race
2013-08-08 13:27:48| Automakers - Topix.net
Bayerische Motoren Werke AG, the world's largest premium automaker, saw its sales growth outpace those of Daimler AG's Mercedes-Benz and Volkswagen AG's Audi in China last month after BMW introduced a stretched version of its 3-series.
Rebound in auto sales helps drive revenue growth at LoJack Corp.
2013-08-07 13:31:57| Auto Dealers - Topix.net
LoJack Corp. has reaped the benefits of a rebound in auto sales, with revenue at the Canton-based maker of vehicle tracking systems rising 6 percent in its second quarter from the same period last year to $33.7 million.
Volkswagen Optimistic About Sales Growth as Europe Sees Recovery
2013-08-01 22:16:55| AutomotiveDigest.com - Automotive Industry News
Volkswagen is counting on the rollout of its VW Golf and Audi A3 compacts to increase earnings in the second half as the threat from the Europes auto-market contraction wanes. The German automaker plans to make up for a 12% decline in operating profit in the first half of 2013 to match last years earnings [...]The Article Volkswagen Optimistic About Sales Growth as Europe Sees Recovery appeared first on Automotive Digest.
Tags: sales
europe
growth
recovery
Telefonica returns to organic sales growth of 0.5% in Q2
2013-07-25 08:55:00| Telecompaper Headlines
(Telecompaper) Telefonica reported a return to organic revenue growth in the second quarter, while reported results continued lower following a range of divestments. Organic revenue was up 0.5 percent year-on-year, led by the Latin America, where growth accelerated to 10.4 percent. Telefonica's European activities also limited the revenue decline to 8.8 percent year-on-year. OIBDA was still down 0.7 percent on an organic basis, despite a range of cost reductions. On a reported basis, revenues fell 6.8 percent to EUR 14.42 billion, OIBDA declined 9.3 percent to EUR 4.85 billion, and the margin dropped 0.9 percent points from a year earlier to 33.7 percent. Net profit fell 13.1 percent to EUR 1.15 billion. Telefonica finished the quarter with EUR 49.79 billion in net debt, equal to 2.40 times OIBDA. If later disposals are included, such as O2 Ireland, Inversis and 40 percent of the Central America activities, net debt would have been reduced by a further EUR 1.18 billion or 2.36 times OIBDA. The company reiterated its target for debt below EUR 47 billion by year-end and capex around 14 percent of sales this year. In the first half, Telefonica invested EUR 3.90 billion in capex, up 6.7 percent from a year earlier, while operating cash flow fell 18.5 percent to EUR 5.52 billion. The Spanish operator also still expects an increase in full-year organic sales and a small decline in the OIBDa margin this year. |
Tags: sales
returns
growth
organic
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