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Suominen Reports Decline

2016-04-28 18:45:00| Nonwovens Industry Breaking News

Sales drop 7.2% in first quarter.

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Mark Andy reports sales success in Romania

2016-04-28 18:28:00| Label and Narrow Web Breaking News

Performance Series flexo press sales have recently been made to Inovalabel and Sunimprof-Rottaprint.

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Domtar Reports Earnings, Sales

2016-04-28 14:07:00| Nonwovens Industry Breaking News

Personal care sales down slightly.

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Bharti Airtel reports strong Q4 with revenues up 8.4%

2016-04-28 12:25:00| Telecompaper Headlines

(Telecompaper) Bharti Airtel reported a strong final quarter to its fiscal year, with revenues up 8.4 percent year-on-year to INR 249.6 billion (USD 3.69 billion). Excluding the impact of cuts to termination rates and the sale of its mobile towers in Africa, revenues rose 10.1 percent annually, led by a 43.7 percent rise in mobile data revenue to INR 44.3 billion. EBITDA increased 14.1 percent to INR 91.9 billion, and the EBITDA margin expanded by 1.8 percent to 36.8 percent, driven by improvement in India. EBIT rose a slower 1.1 percent to INR 43.2 billion due to higher spectrum amotisation in India. Lower forex losses helped offset higher interest expenses, leading to a rise in net profit to INR 12.9 billion from INR 12.6 billion a year ago. 

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Lloyds Bank reports fall in profits

2016-04-28 08:43:41| BBC News | Business | UK Edition

Lloyds Banking Group reports a 6% fall in underlying profits for the first quarter of the year after what it calls a "robust" performance.

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