LG Electronics has announced its Q3 2024 consolidated revenue of KRW 22.18 trillion (€0.015tn) and an operating profit of KRW 751.9 billion. This revenue marks the highest ever for a third quarter, while the operating profit ranks as the fourth highest in the company’s history. Several external factors impacted the third quarter, including a prolonged […]

Orange group has reported Q3 revenues rose 1.6 per cent compared with the third quarter of 2023 (+€153 million) thanks to growth in retail services (+2.5 per cent or +€185 million) and a smaller decline in wholesale services (-3.3 per cent or -€51 million), mainly related to higher unbundling and civil engineering rates in France […]

Telia, the Swedish multinational telco, has reported Q3 revenue decreased 0.9 per cent to SEK 21,749 million (€1,904.4m), and like for like, revenue increased 0.9 per cent. Service revenue decreased 0.6 per cent to SEK 18,820 million and like for like, service revenue increased 1.2 per cent. For the telco operations, service revenue increased 1.1 […]

Viaplay has reported total reported Q3 group net sales of SEK 4,412 million (€386.5m) and total operating income before associated company income (ACI) and items affecting comparability (IAC) of SEK -56 milllion. The Nordic streaming service saw 6 per cent organic sales growth for core operations (Nordics, Netherlands and Select) in the quarter, with reported […]

Tele2, the Sweden-based multinational telco, has reported Q3 service revenue of SEK 5.5 billion (€0.48bn), up 3 per cent organically compared to Q3 2023, attributed to growth across operations. Total revenue amounted to SEK 7.4 billion, an increased of 3 per cent YoY. Profit after financial items (EBT) stoood at SEK 1.4 billion in Q3. […]

Netflix added 5.1 million subscribers in Q3, beating Wall Street estimates by more than 1 million – but it was still the streamer’s smallest subs gain in over a year. The company now has 282.7 million global subscribers. The streaming service saw earnings of $5.40 a share on revenue of $9.83 billion (€9.07bn), and profit […]

Nokia has reported that Q3 net sales declined 8 per cent YoY to €4.33 billion as growth in Network Infrastructure and Nokia Technologies was offset by decline in Mobile Networks primarily in India and a divestment in Cloud and Network Services. Despite this, the company saw a 9 per cent rise in Q3 operating profit […]

Eircsson has reported that Q3 net sales declined by 4 per cent YoY, with strong growth in market area North America of 55 per cent offset by declines in most other market areas. Reported sales were SEK 61.8 billion (€5.46bn). Adjusted gross income increased to SEK 28.6 billion driven by a strong expansion in Networks […]

MFE-MediaForEurope (MFE) has reported consolidated net revenues of €1.47 billion for the first half of 2024, an annual increase of 7.8 per cent. Net profit soared to €104.7 million, a 20.2 per cent increase from the previous year, while EBIT rose to €136.3 million (+12.7 per cent), of which Italy accounted for €59.9 million (+53.5 […]

Spanish media group Mediapro has reported a profit of €12 million at the end of 2023, versus a loss of €69.4 million one year earlier. The company increased its revenues by 2.2 per cent to €120 million, though still far away though from a pre-pandemic €177 million in 2019. Mediapro, controlled by Chinese Fund Orient […]