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Tag: raises outlook
Telenor trims sales, capex outlook, raises EBITDA target
2016-07-19 08:35:00| Telecompaper Headlines
(Telecompaper) Telenor has lowered its annual sales growth outlook and improved its EBITDA margin target, after a mixed performance across its operations in Q2. Revenues rose slightly to NOK 32.48 billion from NOK 31.41 billion a year ago, with growth held back by difficult market conditions in Thailand and Malaysia. Organic mobile service revenue was up 4 percent, while handset sales were lower. The company now expects to report organic revenue growth of just 1-2 percent over the full year, compared to its previous forecast of 2-4 percent. However, Telenor raised its EBITDA margin target to around 35 percent, from 33-34 percent previously, after an improvement in Q2 to 35.5 percent from 34.1 a year ago. Total EBITDA rose to NOK 11.55 billion from NOK 10.70 billion, helped by the contribution from Myanmar, which is already reporting positive cash flow. T
Tags: sales
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raises
Yum Brands raises profits outlook ahead of China spin-off
2016-07-14 02:23:07| BBC News | Business | UK Edition
Yum Brands, parent company of fast-food chains KFC and Pizza Hut has reported $3bn of sales for the second quarter.
Tags: china
brands
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outlook
T-Mobile US raises outlook after strong Q1 growth
2016-04-26 14:20:00| Telecompaper Headlines
(Telecompaper) T-Mobile US reported another strong quarter of results, adding 2.2 million new customers in the first quarter and nearly doubling EBITDA. Customer growth included over 1 million postpaid subscribers under its own brand and 807,000 prepaid users. T-Mobile increased its guidance for the full-year to 3.2-3.6 million branded postpaid net adds, from earlier guidance of 2.4-3.4 million. The company also raised its outlook for adjusted EBITDA, to USD 9.7-10.2 billion from USD 9.1-9.7 billion. In the first quarter, adjusted EBITDA rose 98 percent year-on-year to USD 2.7 billion. Service revenues were up 13.0 percent in Q1 to USD 6.6 billion.
Tags: strong
growth
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raises
Telia raises EBITDA outlook as margins improve
2016-04-20 02:00:00| Total Telecom industry news
Sweden-based telco reports slight decline in first quarter revenue, net profit.
Tags: improve
outlook
raises
margins
Siemens raises outlook
2016-01-27 04:02:43| Industrial Machines - Topix.net
Siemens raised its profit outlook for the year, in a surprise move that highlights the company's confidence the German maker of gas turbines and medical scanners can ride out a slowdown in China and sharp drop in oil prices. "If we hadn't been confident about what we do we would not have raised the forecast at a time which people obviously think to be a bit early," Chief Executive Officer Joe Kaeser said in an interview with Bloomberg TV on Tuesday.
Tags: siemens
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raises outlook
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