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Tag Archives: Revenue

Cola Cola Q3 revenue drops nearly 5% in Australia

coca cola

CANBERRA: Report on Coca-Cola profit and revenue this quarter shows a drop of nearly 5%. A strong dollar has resulted to a less value in Coca-Cola revenue from outside North America. The global economic slowdown also affected Coca-Cola revenues resulting a revenue cutback. According to Wall Street Journal despite the right steps Coca-Cola has taken to restore growth, but the ... Read More »

Spain’s tax revenue reaches over €6.5b in H1 of 2015

tax

MADRID Spain’s tax revenue reaches over €6.5b in H1of 2015, a substantial increase on last year’s levels, according to Minister of Finance and Public Administrations Cristóbal Montoro. The Minister said that tax revenue in the first six months of this year was 20 percent higher than the same period last year. He said that the country’s tax revenue during the ... Read More »

FirstGroup hails revenue growth in UK bus business as turnaround programme continues

revenues

LONDON: First group has hailed continuing growth in revenues in its UK bus business, as it pursues its turnaround plan, and underlined hopes that this growth will help offset the impact of losing key train franchises including ScotRail. The Aberdeen-based company said that revenues in its UK bus business in its first quarter, which started on April 1, were up ... Read More »

Finnish revenue grows by €0.2b in Q1 of 2015

economic-growth2

HELSINKI: Consolidated total general government revenue grew by euro 0.2 billion in the first quarter of 2015 compared to the corresponding quarter of the previous year. Correspondingly, consolidated expenditure decreased by euro 0.1 billion, according to the Statistics Finland’s data. The deficit of general government, therefore, decreased by euro 0.3 billion. Total revenue decreased by 1.1 per cent from the ... Read More »

Portugal’s fixed line revenue surges 17.4% in Q1 of 2015

fixed line

LISBON: Fixed line telephone revenues surged 17.4 percent in the first quarter of this year to reach €448 million with the quantity of telephone accesses experiencing its sharpest increase in the last five years, the regulator Anacom said in its quarterly report released Monday. The telephone access penetration rate registered its largest year-on-year rise since 2010 with 67,000 more individual ... Read More »

NZ Auckland Airport’s revenue estimated to beat

AUCKLAND AIRPORT

WELLINGTON: Auckland Airport’s revenue is expected to be hit by an anticipated reduction in what it can charge airlines for aeronautical services. The Commerce Commission is just beginning a review of the way it works out what prices electricity and gas network operators and airports can charge users. The Commission has put out its first paper as part of the ... Read More »

Hungarian Tolnatext revenue climbs to HUF 4.9b in 2014

tol

BUAPEST: Revenue of German-owned industrial textile manufacturer Tolnatext, rose by approximately 10%, reaching HUF 4.9 billion last year, managing director Róbert Horváth told Hungarian news agency MTI. According to the director, turnover was boosted by increased demand from the European market for industrial textiles for insulation systems, asphalt production and the construction industry. Exports account for 86% of Tolnatextʼs revenue. ... Read More »

Aryzta revenue up 13.2%, but underlying revenue down 2.3% in its Q3

aryzta

BERN: Swiss bakery business Aryzta AG (ARZTY.PK,ARZTF.PK), in its third quarter trading update for the period ended 30 April 2015, said that total revenue grew by 13.2% in the quarter to 973.2 million euros. But, underlying revenue declined 2.3% in the period. Acquisitions provided 3.1% growth and currency movements provided growth in the quarter of 12.4%. Europe revenue grew by ... Read More »

Hungarian MVM revenue climbs 30% in 2014

mvm

BUDAPEST: Consolidated revenue of the state-owned Hungarian Electricity Works (MVM) rose almost 30% to HUF 1.195 trillion last year, the company said yesterday. EBITDA was practically flat at HUF 103 billion. Pre-tax profit came to HUF 6.5 billion. MVM had total assets of HUF 1.494 trillion at the end of December, up 5% from 12 months earlier. MVM and its ... Read More »

Hungarian MVM revenue climbs 30% in 2014

mvm

BUDAPEST: Consolidated revenue of the state-owned Hungarian Electricity Works (MVM) rose almost 30% to HUF 1.195 trillion last year, the company said yesterday. EBITDA was practically flat at HUF 103 billion. Pre-tax profit came to HUF 6.5 billion. MVM had total assets of HUF 1.494 trillion at the end of December, up 5% from 12 months earlier. MVM and its ... Read More »

Danish jobindex revenue hikes33.1% to DKK 63m in Q1 of 2015

jobindex

COPENHAGEN: Danish job board Jobindex reported revenue for the first quarter ending 31 March 2015 of DKK 63 million, an increase of 33.1% compared with DKK 47.5 million during the same period last year. In addition to its core job board, which is known as Jobbsafari in Sweden and Norway, Jobindex also operates media company Computerworld, which it acquired in ... Read More »

PPC revenue grows 9% from R4.2 b to R4.5b in 6 months

ppc

CAPE TOWN: Cement Maker PPC’s revenue increased by 9% from R4.2 billion to R4.5 billion in the six months to the end of March this year with weakness in the South African market offset by a stronger performance in Zimbabwe, Botswana and Rwanda. A total of 28% of revenue was generated from outside South Africa in the period under review. ... Read More »

Revenue of Mercabarna companies in Spain up 3% in 2014

mercb

MADRID: According to estimations of the Mercabarna Wholesalers’ Association (Assocome), its food businesses closed 2014 with a 3% increase in turnover compared to 2013, reaching 4,850 million Euro. Despite the impact of the Russian veto, especially in the fresh produce and meat sectors, exports still accounted for 26% of total business, allowing for another increase in turnover, despite the still ... Read More »

Greece budget revenue up 15.2% in April‏ 2015

gres

ATHENS: Greece net budget revenue surpassed target by 15.2%, or 500 million euros, in April offering a large breather to the country’s Finance Ministry in managing its obligations. A Ministry announcement on Wednesday attributed this positive development to a massive response by taxpayers to a Ministry plan offering more favorable payment terms for overdue debt, dividend payment by public sector ... Read More »

Spar Magyarország revenue reaches at HUF 474b in 2014

SPAR

BUDAPEST: Supermarket chain Spar Magyarországʼs gross revenue increased by 4.5%, reaching HUF 473.7 billion last year, managing director Gabriella Heiszler said today. Spar operates 419 stores in Hungary with a combined retail space of 403,000 sqm, the director said, adding that the company has invested approximately €1 billion in the country in the past 23 years. Read More »

Hungary’s Gallicoop revenue reaches HUF 33.6b in 2014

Gallicoop

BUDAPEST: Hungarian poultry processing firm Gallicoopʼs saw a 4% rise in revenue last year, to HUF 33.6 bln, with output rising by 8% to 32,000 tons, the company said yesterday. Gallicoop bought 40,000 tons of live turkeys from suppliers, 9% more than a year earlier, and turned out 7,700 tons of processed products and 4,300 tons of breaded products. Sales ... Read More »

Spar Magyarország revenue reaches at HUF 474b in 2014

SPAR

BUDAPEST: Supermarket chain Spar Magyarországʼs gross revenue increased by 4.5%, reaching HUF 473.7 billion last year, managing director Gabriella Heiszler said today. Spar operates 419 stores in Hungary with a combined retail space of 403,000 sqm, the director said, adding that the company has invested approximately €1 billion in the country in the past 23 years. Read More »

Hungary’s Gallicoop revenue reaches HUF 33.6b in 2014

Gallicoop

BUDAPEST: Hungarian poultry processing firm Gallicoopʼs saw a 4% rise in revenue last year, to HUF 33.6 bln, with output rising by 8% to 32,000 tons, the company said yesterday. Gallicoop bought 40,000 tons of live turkeys from suppliers, 9% more than a year earlier, and turned out 7,700 tons of processed products and 4,300 tons of breaded products. Sales ... Read More »

Vestas revenue rises 18% to 11.3 billion kroner

vas

COPENHAGEN: Danish wind turbine maker Vestas revenue rose 18 percent to 11.3 billion kroner (1.52 billion euros, $1.7 billion) in the first quarter as the group reported its highest order intake ever in the January to March period. Together with a strengthening US dollar, the 47 percent increase in orders prompted the group to raise its yearly revenue forecast to ... Read More »

Hungary’s Wabererʼs revenue increases 10% to €496.2m in 2014

web

BUDAPEST: Hungarian road haulage company Wabererʼs International’s revenue rose 9.7% to €496.2 million in 2014, the company told Hungarian news agency MTI yesterday. EBITDA rose 14.8% to €73.4 million. Last year, Wabererʼs purchased 1,300 new trailers and hired almost 500 lorry drivers. In addition to Hungary, the company’s key markets are Germany, Italy, France, the United Kingdom and Spain. Wabererʼs ... Read More »