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Topic

EBITDA

Telenor reports Rs26.7bn revenue

Telenor reports Rs26.7bn revenue

Published 20 Jul, 2022 05:48am
ISLAMABAD: Telenor Pakistan reported a revenue of Rs26.7 billion, up by Rs104 million from Q2 last year. The company...
S&P raises Dubai's Emaar Properties outlook to stable

S&P raises Dubai's Emaar Properties outlook to stable

Published 27 Jun, 2021 03:00pm
  • "We expect a rebound in the company's earnings and credit metrics in 2021, with EBITDA likely to exceed AED8 billion (dirhams) and funds from operations (FFO) to debt to improve to about 30%," S&P said.
Watches of Switzerland expects sales to rise 16-21pc in FY 2022

Watches of Switzerland expects sales to rise 16-21pc in FY 2022

Published 20 May, 2021 07:41pm
  • "Market conditions are going to be very favourable, there's a lot of money around and people want to go out, socialise, travel again," Brian Duffy said in an interview on Thursday.
  • "We are encouraged by the outlook, and management have a track record of prudent guidance," Barclays analysts said in a note, upgrading their price target to 825 pence from 625 pence.
Ferrari postpones 2022 targets due to pandemic, shares dip

Ferrari postpones 2022 targets due to pandemic, shares dip

Published 04 May, 2021 06:53pm
  • A Milan-based trader said the target postponement was not good news, since Ferrari shares were not cheap.
  • "This has raised concerns that the COVID-19 impact on the company could be greater than expected," he said.
UAE tuition increase freezes create uncertainty for GEMS: Moody's

UAE tuition increase freezes create uncertainty for GEMS: Moody's

Published 18 Mar, 2021 07:45pm
  • "They nonetheless create a degree of uncertainty regarding GEMS' ability to increase tuition fees consistently in the future, which may further slow down its deleveraging trajectory," Moody's said.
  • The agency estimates GEMS generates around three quarters of its revenue in Dubai and Abu Dhabi, the economies of which have suffered from restrictions to stem the spread of the coronavirus.
Bombardier bets on aftermarket demand to help hit $7.5bn revenue target in 2025

Bombardier bets on aftermarket demand to help hit $7.5bn revenue target in 2025

Published 04 Mar, 2021 07:31pm
  • Bombardier said its flagship Global 7500 jet, which lists for $75 million, is expected to be the company's biggest contributor to EBITDA over the next five years, as production costs decline.
  • Bombardier said it expects to grow its aftermarket services from roughly 18% of revenue in 2020 to 27% by 2025.
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