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Tag Archives: Revenue

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

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 »

Greece’s revenue collection touches €600-700m in April 2015

ATHENS: State revenues have deteriorated further in April, both in terms of direct and indirect tax collection, with value-added tax takings at a record low. Finance Ministry officials told Kathimerini that up until Wednesday, April 29, available data showed that revenue collections added up to just €600-700 million, against a target for €1.8 billion this month. In the best-case scenario ... Read More »

Greece’s revenue collects €600-700m in April 2015

ATHENS: State revenues have deteriorated further in April, both in terms of direct and indirect tax collection, with value-added tax takings at a record low. Finance Ministry officials told Kathimerini that up until Wednesday, April 29, available data showed that revenue collections added up to just €600-700 million, against a target for €1.8 billion this month. In the best-case scenario ... Read More »

Hungarian Regio’s revenue jumps 40% to HUF 7b in 2014

BUDAPEST: Hungarian toy seller Régió Játékkereskedelmi saw its net revenue rise by 40% to almost HUF 7 billionlast year, following its takeover of failed competitor Gulliver, increasing store numbers by 50% to 33, the company told Hungarian news agency MTI. The company added that it has taken over another five stores from peer Bambini. Webshop sales jumped by 30%, according ... Read More »

Hungarian Regio’s revenue jumps 40% to HUF 7b in 2014

BUDAPEST: Hungarian toy seller Régió Játékkereskedelmi saw its net revenue rise by 40% to almost HUF 7 billionlast year, following its takeover of failed competitor Gulliver, increasing store numbers by 50% to 33, the company told Hungarian news agency MTI. The company added that it has taken over another five stores from peer Bambini. Webshop sales jumped by 30%, according ... Read More »

Visitors might be banned at FBR Headquarters from May 1

ISLAMABAD: As preparations for the upcoming Budget 2015 gain momentum, the Federal Board of Revenue (FBR) is mulling over slapping a temporary ban on visitors at the FBR Headquarters from May 1. Since the staff are busy preparing proposals for the upcoming budget, the main purpose of imposing this ban is to ensure that budgetary proposals are finalised without any ... Read More »

Finland’s Qualcom’s revenue surge to $6.9b in for fiscal 2015

HELSINKI: Chipmaker Qualcomm on April 23 reported revenue of $6.9 billion on net income of $1.05 billion, or $1.40 per share, for its fiscal 2015 second quarter ended March 29. Although net income was down 46% compared to the prior year’s Q2, the results still surpassed the expectations of analysts, who were estimating earnings per share of $1.33 on revenue ... Read More »

McDonald’s corp’s revenue decreases 11% due to food scandal

NEW YORK: McDonald’s Corp, the world’s biggest restaurant chain, reported an 11 percent fall in quarterly revenue as it fights to recover from food scandals in China and Japan and faces tough competition at home in the United States. In its first quarterly results under its new Chief Executive Steve Easterbrook, McDonald’s global comparable sales at restaurants open at least ... Read More »

TeliaSonera Q1 revenue climbs 8.8% YoY to SEK26 billion

ANKARA: TeliaSonera’s Q1 revenue climbed 8.8 per cent, year-on-year, to a shade over SEK26 billion ($3 billion), but strip out favourable currency swings and sales were up by a more subdued 1.5 per cent. Reported service revenue was up 6.5 per cent, to SEK22.8 billion, but when expressed in local currencies service revenue actually dipped, by 1.1 per cent. There ... Read More »

Finland’s streaming revenue grows $5.9m in 2014

HELSINKI: The IFPI’s annual Recording Industry reported that the Finland’s streaming revenue grew only $5.9 million in 2014. Finland had the biggest streaming gains of the nine countries whose 2014 recorded music revenue numbers have been released by the trade organizations. While $5.9 million is certainly smaller than $369.7 million, $5.9 million represents a larger percentage of Finland’s gross domestic ... Read More »

Danish Magasin revenue increases by 10% in Q1 -2015

COPENHAGEN: The Danish chain of department stores ‘Magasin du Nord’ has increased its revenue by almost 10% in Q1 2015, as compared to the same period last year. The Debenhams subsidiary released its financial report today. 6 years ago, however, the department store was in the midst of a major crisis with an ailing image, declining numbers of customers and ... Read More »

Greece’s net budget revenue surpasses to €4.232b in March 2015

ATHENS: the Greece Deputy Finance Minister Dimitris Mardas said net budget revenues significantly surpassed targets to total 4.232 billion euros in March, from a target of 3.16 billion. Speaking to reporters, Mardas pledged that the government will continue paying wages and pensions, and expressed his optimism that an agreement will be reached between the country and its creditors. Responding to ... Read More »

Danish Dagrofa revenue slashes to DKK 318m in 2014

COPENHAGEN: The Danish retailer Dagrofa has revealed its 2014 results, reporting revenue of DKK 19,628bn  alongside a loss of DKK 318m , versus a 2013 loss of DKK 272m . Elsewhere, Dansk Supermarked is continuing with the renovation of its Bilka hypermarkets to the ‘future Bilka’ concept. Commenting on the performance, Per Thau, CEO of Dagrofa said, ‘For our retail ... Read More »

Finland’s streaming revenue grows $5.9m in 2014

HELSINKI: The IFPI’s annual Recording Industry reported that the Finland’s streaming revenue grew only $5.9 million in 2014. Finland had the biggest streaming gains of the nine countries whose 2014 recorded music revenue numbers have been released by the trade organizations. While $5.9 million is certainly smaller than $369.7 million, $5.9 million represents a larger percentage of Finland’s gross domestic ... Read More »

Hungary’s MÁV revenue reaches HUF 140b in 2014

BUDAPEST: Hungarian state owned railway company MAVʼs consolidated revenue rose to HUF 140 billion last year, up from the HUF 135 billion reported in 2013, CFO Erzsébet Szikszay Bandofai said yesterday, according to Hungarian news agency MTI. The state took over a portion of MAVʼs debt, reducing the consolidated stock to HUF 152 billion at year-end, Szikszay Bandonfai said. MAV ... Read More »

Swiss rail’s revenue decreases to CHF 1.9 billion in 2014

BERN: Despite reporting improved results for 2014, the Swiss Rail Group (CFF/SBB/FFS) was heavily dependent on government support. Revenues increased by CHF 223 million to CHF 8,542 million, however this revenue figure includes CHF 2,249 million of public money. Net profits at CHF 373 million were up 57% on 2013 including the CHF 2,249 million government subsidies without which the ... Read More »

SL revenue jumps in 1Q: Govt

COLOMBO: Sri Lanka’s government said the state revenue has risen significantly during the first quarter, without revealing the exact figures. “I would like to state that the revenues had gone up,” Ravi Karunanayake, Finance Minister of Sri Lanka declared. “The revenue of Excise Department is about 9,400 million rupees during March 2015 compared to 4,100 million in November last year,” ... Read More »

Taiwan’s Largan revenue dips 37% to NT$10.57b

TAIPEI: Largan Precision Co Ltd, which supplies camera lens modules for Apple Inc’s iPhones posted a deeper-than-expected 37 percent decline in revenue for last quarter from the previous quarter — to NT$10.57 billion (US$337.7 million) — on seasonally weak demand. That was despite a strong increase of 50 percent in revenue last month to NT$3.92 billion, from February’s NT$2.62 billion, ... Read More »

South Africa’s revenue to rise by 9.6% to ZAR986.4b in 2015

CAPE TOWN: South Africa’s Minister of Finance, Nhlanhla Nene, has disclosed that revenue collections for the 2014/15 fiscal year are projected to have grown by 9.6 percent during the 2014/15 fiscal year to ZAR986.4bn. The three main revenue contributors for 2014/15 were personal income tax (at ZAR 353.8bn, up 13.8 percent on the previous fiscal year), corporate income tax (at ... Read More »

Taiwan’s Largan revenue dips 37% to NT$10.57b

TAIPEI: Largan Precision Co Ltd, which supplies camera lens modules for Apple Inc’s iPhones posted a deeper-than-expected 37 percent decline in revenue for last quarter from the previous quarter — to NT$10.57 billion (US$337.7 million) — on seasonally weak demand. That was despite a strong increase of 50 percent in revenue last month to NT$3.92 billion, from February’s NT$2.62 billion, ... Read More »