je.st

Home › loss

Tag: loss

Occidental Petroleum Posts Loss After Taking Over $1.7 Billion Impairment, Charges

2020-02-28 16:00:00| OGI

Occidental Petroleum has been aggressively cutting costs by laying off staff and selling assets to pay down its $38.54 billion debt pile following its acquisition of Anadarko Petroleum.

Tags: posts taking loss charges

Cellnex revenues up 15% to over EUR 1 bln in 2019, narrows net loss

2020-02-26 09:20:00| Telecompaper Headlines

(Telecompaper) Spanish operator Cellnex Telecom, Europe's largest mobile towers company, reported full-year revenues of EUR 1.035 billion in 2019, up 15 percent on the year-earlier result of EUR 901 million, completing its fifth straight year of double-digit growth. The company's EBITDA rose 16 percent to EUR 686 million and it reduced its net loss for the 12-month period to EUR 9 million from EUR 15 million the year before despite higher amortisations and financial costs associated with the growth of the group and the expansion of its geographical footprint.

Tags: net eur loss revenues