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Adidas raises full-year outlook

2015-11-05 08:56:02| BBC News | Business | UK Edition

German sportswear firm Adidas raises its outlook for full-year sales and profits after better-than-expected results for the third quarter.

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AT&T raises FY outlook as DirecTV boosts results

2015-10-23 07:53:00| Telecompaper Headlines

(Telecompaper) AT&T reported third-quarter revenues up nearly 19 percent year-on-year to USD 39.1 billion, driven by its acquisition of DirecTV. Adjusted operating profit rose to USD 7.9 billion versus USD 5.9 billion a year ago, and the margin rose 250 basis points to 20.3 percent. One-time costs for the takeover and decommissioning of the former Leap network led to a drop in earnings, to USD 0.50 per share from USD 0.60 a year ago. Adjusted EPS, excluding the extra costs, rose almost 14 percent to USD 0.74. AT&T raised its outlook for full-year adjusted EPS to USD 2.68-2.74 and also increased its free cash flow target to at least USD 15 billion, after generating USD 5.5 billion in Q3 alone.

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AT&T raises outlook after DirecTV boosts Q3 revenue

2015-10-23 02:00:00| Total Telecom industry news

U.S. telco's results reveal majority of mobile growth driven by business division.

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Orange raises FY outlook after return to growth in Q3

2015-10-22 08:31:00| Telecompaper Headlines

(Telecompaper) Orange reported a return to organic revenue growth in the third quarter, with revenues up 0.5 percent year-on-year to EUR 10.284 billion. That compares to falls in comparable revenue of 0.2 percent in Q2 and 0.9 percent in Q1. The improvement was driven by a 1.2 percent rise in mobile service revenue, led by the Africa and Middle East activities, and 0.5 percent growth in the enterprise segment. The French operator reported adjusted EBITDA of EUR 3.557 billion for the quarter, up 1.1 percent on a comparable basis, and the margin increased by 0.2 percent points from a year ago to 34.6 percent. Capital expenditure was up 7.6 percent to EUR 1.563 billion, or 15.2 percent of revenue. Thanks to the stronger results and completion of the takeover of Jazztel in Spain, Orange raised its target for full-year adjusted EBITDA to at least EUR 12.3 billion, from earlier guidance of EUR 11.9-12.1 billion. This also takes into account the consolidation of Meditel and sale of Orange Armenia. The company reiterated a medium-term target of net debt at 2x EBITDA, leaving the door open for further acquisitions.

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