Edition:
United Kingdom

Communications & Networking

Page 1

Axis says operating profit rose to SEK 365 mln in Q3​

7:00am BST

Oct 20 (Reuters) - Axis Ab says::Net sales increased during Q3 by 13 percent to SEK 2,253 million (1,997).​.Operating profit amounted to SEK 365 million (312), which corresponds to an operating margin of 16.2 percent (15.6).​.Net profit for period amounted to SEK 278 million (233).​.

TomTom Q3 operating profit turns to loss of 6.0 million euros

6:30am BST

Oct 20 (Reuters) - TOMTOM NV ::Q3 ‍REVENUE OF EUR 218 MILLION (Q3 '16: EUR 239 MILLION)​.‍Q3 EBITDA OF EUR 31 MILLION (Q3 '16: EUR 33 MILLION)​.Q3 REUTERS POLL: OPERATING RESULT EUR 1.8 MILLION; ADJUSTED NET PROFIT EUR 14.0 MILLION.Q3 REUTERS POLL: REVENUE EUR 225 MILLION; GROSS RESULT EUR 142 MILLION.‍Q3 NET CASH POSITION OF EUR 102 MILLION (Q3 '16: EUR 81 MILLION)​.OUTLOOK 2017: REVENUE IS NOW EXPECTED OF AROUND €900 MILLION‍​.Q3 ADJUSTED NET RESULT EUR ‍​18.8 MILLION VERSUS EUR 14.0 MILLION IN REUTERS POLL.OUTLOOK 2017: ADJUSTED EPS OF AROUND €0.25 IS UNCHANGED.Q3 OPERATING LOSS EUR 6.0‍​ MILLION VERSUS PROFIT OF EUR 1.8 MILLION IN REUTERS POLL.OUTLOOK 2017: NOW EXPECTS LEVEL OF INVESTMENTS (CAPEX AND OPEX COMBINED) TO SHOW MARGINAL INCREASE COMPARED WITH 2016.

Champion Technology appoints Wong Man Winny as an executive director & chairman​

Thursday, 19 Oct 2017

Oct 19 (Reuters) - Champion Technology Holdings Ltd <0092.HK>::‍Wong Man Winny appointed as an executive director & chairman​.

Confidence International appoints ‍Pär Nilsson as new CEO​

Thursday, 19 Oct 2017

Oct 19 (Reuters) - CONFIDENCE INTERNATIONAL AB ::‍PÄR NILSSON APPOINTED NEW CEO​.

GN Store Nord looses lawsuit against Plantronics

Thursday, 19 Oct 2017

Oct 19 (Reuters) - GN STORE NORD SAYS:‍JURY RULES IN FAVOR OF PLANTRONICS IN GN AUDIO'S LAWSUIT AGAINST PLANTRONICS..IN 2012, GN AUDIO FILED A LAWSUIT AGAINST PLANTRONICS FOR UNLAWFUL MONOPOLIZATION OF THE DISTRIBUTORS MARKET IN THE US..THE JURY HAS NOT FOUND THAT PLANTRONICS' BEHAVIOR IN THE MARKET PLACE WAS UNLAWFUL. .GN AUDIO WILL, UPON RECEIPT OF THE WRITTEN REASONS FOR THE JUDGMENT, DECIDE WHETHER OR NOT IT WILL APPEAL THE DECISION..THIS ANNOUNCEMENT DOES NOT CHANGE THE FINANCIAL GUIDANCE FOR 2017. ​.

CHIP HOPE to buy 70 pct stake in seafood firm

Thursday, 19 Oct 2017

Oct 19 (Reuters) - CHIP HOPE Co Ltd <8084.TWO>::Says it plans to buy 4.2 million shares (70 percent stake) in a seafood firm, at price of T$252 million .

init innovation in traffic systems resolves share buy-back

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - INIT INNOVATION IN TRAFFIC SYSTEMS SE ::INIT INNOVATION IN TRAFFIC SYSTEMS SE DECIDES SHARE BUY-BACK.‍TO REPURCHASE UP TO 35,000 OWN SHARES (PURSUANT TO § 71 (1.8) AKTG) FOR A MAXIMUM TOTAL PURCHASE PRICE OF EUR 700,000​.‍IT IS PLANNED TO TRANSACT SHARE BUY-BACK DURING PERIOD FROM 19 OCTOBER 2017 TO 15 DECEMBER 2017 ON STOCK EXCHANGE​.

Gwon Oh Eon resigns from CEO of Incon

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - Incon Co Ltd <083640.KQ> ::Says Gwon Oh Eon resigns from CEO of the company .It appoints Han Gi Rim and Kim Dong Won as co-CEO, effective Oct. 18 .

ZTE's 9-month preliminary net profit up 36.6 pct, sees 2017 net profit up sharply

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - ZTE Corp <0763.HK>, <000063.SZ>:Says prelim 9-month net profit up 36.6 percent y/y.Says prelim 9-month net profit rises to 3.9 billion yuan ($589.09 million) from 2.9 billion yuan year ago.Says it expects 2017 net profit to rise 282.44-303.65 percent y/y to 4.3-4.8 billion yuan.

Markets

  • Sectors
  • Europe
  • U.S.
  • Asia

Sector Summary