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Ryanair sees profits bouncing back as summer bookings rise
2014-05-19 16:59:16| Airlines - Topix.net
European low-cost airline Ryanair reported its first fall in profits in five years on Monday, blaming tougher competition, but said prospects of strong demand this summer would help lift profits by up to 20 percent in the coming year.
CHINA: SkyPeople Fruit Juice sees Q1 profits, sales slide
2014-05-16 12:23:00| Daily beverage news and comment - from just-drinks.com
SkyPeople Fruit Juice has flagged a limited availability of raw materials after seeing a sharp drop in first-quarter profits.
NTT misses FY outlook, sees flat profits in 2014
2014-05-13 10:28:00| Telecompaper Headlines
(Telecompaper) Japanese operator NTT reported annual results slightly below its outlook, due to a weak performance at its mobile unit Docomo. Revenues were up 2.1 percent to JPY 10.925 trillion in the 12 months to March, but fell short of a target of JPY 11 trillion. Operating profit rose 1.0 percent to JPY 1.214 trillion, versus a target of 1.230 trillion. Net profit still increased 12.2 percent to JPY 585.5 billion, in line with guidance, and NTT increased its dividend slightly to JPY 170 per share. For the current year to March 2015, NTT expects growth in revenues of around 2.5 percent, but operating and net profit will be little changed year-on-year. The dividend should rise again, to JPY 180 per share, and the company plans to spend JPY 250 billion buying back shares from the government. NTT said it will reduce capex slightly this year, to JPY 1.750 trillion from JPY 1.796 trillion last year, taking the ratio to sales to 15.9 percent. It aims to bring this down further to 15.0 percent in the following year, helped by a targeted JPY 600 billion in cost savings on its access network. This target was increased by JPY 100 billion and compares to the cost base in 2011 when it started the network rationalisation programme.
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Bid target Alstom sees profits fall
2014-05-07 12:18:45| BBC News | Business | UK Edition
French engineering group Alstom, which is currently embroiled in a takeover battle for its power business, reports a drop in full year profits.
RBS sees profits rise to 1.6bn
2014-05-02 08:56:14| BBC News | Business | UK Edition
Royal Bank of Scotland says pre-tax profits for the first three months of the year rose to 1.6bn, but warns of a "tough year" ahead.
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