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Search resuls for: "Valentine Baldassari"


5 mentions found


☆ Telenet earnings miss estimates as inflation, lease payments weigh
  + stars: | 2022-10-27 | by ( ) www.reuters.com   time to read: +1 min
Oct 27 (Reuters) - Belgian telecoms company Telenet's (TNET.BR) third-quarter core earnings missed expectations on Thursday, weighed down by the soaring inflation, high energy prices, and tower-related lease payments. The group reported adjusted earnings before interest, taxes, depreciation and amortisation and after leases (EBITDAal) of 312.7 million euros ($314.9 million) for the three months to Sept. 30, up 1% year-on-year, or 4% on a rebased basis. This came below analysts' median estimate of 320.7 million euros in a company-compiled poll. Telenet has been reporting EBITDAal as one of its key metrics since the second quarter of this year to reflect tower-related lease payments following the sale of its mobile tower business to Digital Bridge. Its revenue came in at 660.5 million euros, above analyst expectations of 652.6 million euros.
☆ Dutch telecom KPN targets 'slight' earnings growth in 2023
  + stars: | 2022-10-26 | by ( ) www.reuters.com   time to read: +1 min
Oct 26 (Reuters) - Dutch telecom company KPN NV (KPN.AS) on Wednesday confirmed its 2022 outlook as its third-quarter earnings beat expectations, and said it expected "slight" growth in core earnings next year as it works to offset inflation, especially in energy. The largest telecom provider in the Netherlands had previously said it targeted adjusted earnings before interest, taxes, depreciation and amortisation and after leases (EBITDAAL) of more than 2.40 billion euros ($2.39 billion) this year, and of more than 2.45 billion in 2023. European power costs have surged in the past year, driven by record gas prices as Russia curbed supply to Europe. He added the group had given its employees a one-off payment to help them cope with the rising cost of living. KPN reported adjusted EBITDAAL of 618 million euros ($616 million) for the three months ended Sept. 30, beating the 611 million euros expected by analysts in a company-compiled poll.
☆ Vivendi to go-ahead with Editis spin-off, as Q3 sales edge up
  + stars: | 2022-10-20 | by ( Olivier Sorgho Valentine Baldassari | Olivier Sorgho | Valentine Baldassari | ) www.reuters.com   time to read: +2 min
Under the plan, Vivendi's top investor Vincent Bollore would sell all Editis shares he would receive after the transaction, which would consist of a simultaneous distribution of the publishing unit's shares to Vivendi shareholders and its listing. Vivendi wants to sell Editis to secure the takeover of French media group Lagardere. Vivendi's sales totaled 2.58 billion euros ($2.54 billion) in the third quarter, against 2.48 billion euros in the same quarter last year. Vivendi added however that growth at Havas was offset by a slowdown in its pay-TV unit Canal+. Canal+ revenues in the quarter dropped 4.9% at constant currencies and like-for-like, to 1.42 billion euros.
☆ Publicis hikes 2022 guidance once again after Q3 beat
  + stars: | 2022-10-18 | by ( ) www.reuters.com   time to read: +2 min
Oct 18 (Reuters) - Publicis Groupe (PUBP.PA), the world's third-biggest advertising group, on Tuesday raised its full-year guidance for the second time this year, after posting better-than-expected third-quarter organic revenue growth. The company forecasts organic growth at 8.5% compared with 6%-7% previously and an operating margin rate close to 18%, up from 17.5% to 18%. "We are absolutely convinced that our clients, as we see every day, will continue to invest in their transformation, whether it be marketing or digital," Sadoun told journalists. Publicis saw its digital and data-driven businesses Sapient and Epsilon grow respectively 18.1% and 13.9% in the third quarter. Home to ad agencies Leo Burnett and Saatchi & Saatchi, the group posted a third-quarter organic growth of 10.3%, above analysts' estimate of 5.1% in a consensus provided by the company.
☆ Airbus confirms cancellation of remaining Qatar A350 orders
  + stars: | 2022-09-08 | by ( ) www.reuters.com   time to read: +1 min
Sept 8 (Reuters) - Airbus (AIR.PA) on Thursday confirmed it had revoked all remaining A350 orders from Qatar Airways, raising the stakes in a safety and contractual dispute with the Gulf carrier. "Airbus confirms that it has removed 19 Qatar Airways A350s from the backlog," a spokesperson said. Qatar Airways had no immediate comment. Airbus said it had booked orders for 843 jets between January and August, or a net total of 637 after cancellations including routine order reversals by customers and the aircraft withheld from Qatar by Airbus. It delivered 382 jets over the same period, or a net total of 380 after deducting two A350 aircraft built for Aeroflot but impossible to deliver due to sanctions.
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