(IN BRIEF) Telia Company has sold its TV & Media division to Schibsted for SEK 6.55 billion (cash- and debt-free), as announced on 25 February. A new multi-year agreement guarantees that Telia’s TV service will retain TV4 and MTV programming. … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Media, News, Norway, Sweden, Technology, Telecom
Tagged Adjusted EBITDA, cash and debt-free, connectivity strategy, deleveraging, distribution partnership, MTV, Net debt, partnership, Patrik Hofbauer, portfolio management, sale, Schibsted, SEK 6.55 billion, Telia Company, TV & Media business, TV4
(IN BRIEF) BP p.l.c. has issued a Trading Statement outlining its current estimates and expectations for the first quarter of 2025, with insights into the economic environment and group performance. The statement clarifies that while it provides key guidance, it … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, United Kingdom
Tagged BP, bp p.l.c., bp RMM, Brent crude, customers & products, divestments, effective tax rate, EGYPT, financial reporting, gas & low carbon energy, Henry Hub, low carbon energy, Net debt, oil production, Q1 2025 guidance, Q1 results, refining margins, trading conditions, trading statement, Trinidad, upstream production, working capital
Improved portfolio and geographic balance generates solid results in a mixed market Revenues steady to higher in all divisions1; Thomas & Betts on track Operational EBITDA2 and margin higher, continued solid execution on cost savings Zurich, Switzerland, 26-4-2013 — /europawire.eu/ — ABB … Read the full press release
Posted in Business, Electronics & Machinery, Energy, Gas & Oil, Financial, Industrial, Management, Switzerland
Tagged 1, 1000 kilowatt high-efficiency solar inverter, ABB, ABB Q1, acquisitions, Balance sheet, cash flow, EBITDA, EBITDA margin, industrial efficiency, Joe Hogan, Net debt, non-GAAP, onboard direct current, photovoltaic power generation, power electronics, power reliability, profitability, renewable energy, revenue, Thomas & Betts, truly modular uninterrupted power supply, Zurich
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