Acquisition growth in 2024 includes 7 companies, 1700 new associates and 89 new branches

Wacoal Holdings has reported revenue of ¥90,167 million (~$586.1 million) in H1 2024, down by 5.2 per cent YoY. Gross profit fell 4.9 per cent to ¥51,056 million (~$331.86 million). Domestic revenue dipped 4.8 per cent to ¥45,006 million, while overseas revenue declined 1.4 per cent to ¥34,549 million. The company’s business profit was ¥2,304 million, down 39.6 per cent YoY in its overseas segment.

For Ankler Media CEO Janice Min, 2024 was the inflection point when advertisers finally understood that when it comes to audiences, it's not all about size. "Our goal is to have the largest, most pristine audience we can have in terms of the subscriber list," said Min, former editorial director at The Hollywood Reporter and...

Operating revenue remained largely unchanged at Rs 1,430 crore compared to Rs 1,426 crore in FY23. The company, which secured its maiden fundraise last year, saw a 40% surge in employee benefit expenses at Rs 71 crore, while finance costs rose nearly 50% to Rs 29.5 crore. Total expenses increased to Rs 1,460 crore from Rs 1,432 crore in FY23.

Siemens AG announced on Thursday that its revenue in the fourth quarter of the fiscal year 2024 increased by 1% to €20.8 billion. The company's net income rose 11% year-over-year to €2....

More to come......

Deutsche Telekom AG announced on Thursday that net profit in the third quarter of its fiscal 2024 soared 53.7% year over year to €1.9 billion.The company's revenue totaled €27.6 billion after a 3.4% j...

Computer chip equipment maker ASML said on Thursday it expects its sales to grow to between 44 billion euros and 60 billion ($46.4 billion-$63.3 billion) by 2030, suggesting an average annual increase of 8%-14%, driven by strong demand for its most advanced tools. The guidance came in a statement…

Computer chip equipment maker ASML said on Thursday it expects its sales to grow to between 44 billion euros and 60 billion ($46.4 billion-$63.3 billion) by 2030, suggesting an average annual increase of 8%-14%, driven by strong demand for its most advanced tools.

ASML Holding NV stated on Thursday that it predicts annual revenue of €44 to €60 billion by 2030, with gross margins between 56% and 60%.The Dutch semiconductor equipment leader emphasized in a report...

By Sudip Kar-Gupta PARIS (Reuters) - Defence and technology firm Thales unveiled new four-year targets on Thursday, predicting more than 25 billion euros ($26.34 billion) of revenues by 2028 as it reaps a decade of cyber investments. Europe's largest defence technology supplier, which has…

Foxconn Precision Industry Co. Ltd. announced on Thursday its revenue in the third quarter of the fiscal year 2024 observed an annual rise of about 14% to reach 46.09 billion New Taiwan dollars (NT$),...

Spotify goes after YouTube's video podcast dominance by removing ads for paid subscribers and introducing a new revenue program for creators.

Hoteliers are starting to realise that room rates alone can’t drive the profits they need. As many reach a ceiling when it comes to average daily rates (ADR), there’s a question mark hanging over how to boost the bottom line. It has to come from other revenue streams, but many are struggling to make this work. Here’s a closer look at where the opportunities lie.

It is that time of the year. Easter bunny gone, snow around the corner before the big slightly chubby guy in red comes down the chimney to give us presents.

In an increasingly digital business landscape, the value of face-to-face meetings remains undeniable. New research from Accor, a global leader in hospitality, indicates that professionals globally across industries believe their ability to generate revenue could increase by 36% if all important meetings were conducted in person. The study underscores a key takeaway: while digital tools like video and phone conferencing are useful, the human connection fostered by in-person interactions is perceived as significantly more effective in driving business success and performance.

According to the report, fifteen UK companies have achieved triple-digit turnover growth rates, with Vedanta leading as the largest UK company in India by revenue, generating over ₹1,50,100 crores in 2023

The revenue receipts of MCs, including own tax revenue, own non-tax revenue, and transfers, amounted to 0.6 per cent of GDP in 2023-24 (the same as in 2019-20). MCs are are the third tier of the government in large urban areas

In India, there are hordes of unauthorised residential units, and levying even a low tax on these may be politically challenging

Despite the revenue growth in H1, the Q2 performance was impacted by a one-time loss of ₹69 crore due to reduction in customs duty in India

Photo by b1ue5ky This article is a guest post from Eric Tarn. Eric is a co-founder of Onepager, a simple website builder which helps individuals and small businesses get beautiful sites up quickly and easily. When you’re part of a startup, you’re usually working with a smaller team and budget to reach big goals. WhileRead More →

The post How I Grew My Startup’s Revenue 50% And Saved $60k Through Partnerships first appeared on Rob Walling - Serial Entrepreneur.

UPS today announced third-quarter 2024 consolidated revenues of $22.2 billion, a 5.6% increase from the third quarter of 2023.

DHL Group increased its revenue by 6.2 percent to EUR 20.6 billion in the third quarter of 2024 (Q3 2023: EUR 19.4 billion) despite the persistently weak global economy.

Austrian Post has published its Q1-3 results revealing revenue of the Group rose by 13.6%.

New figures published by the postal regulator, ComReg, reveals income for the seven main providers of parcel delivery services in Ireland including An Post, UPS and DHL in 2023 was down €7.7 million on the previous year.

During Twitters analyst day in November, the company announced that it had 60,000 advertisers on its platform. Earlier this month, the company announced that it had grown its active advertiser base to 100,000 and laid plans to reach thousands more. The company is expanding its self-serve ad platform from 33 countries to the rest of the world, counting businesses in some 200 countries and territories eligible to send sponsored tweets.

International revenue accounted for just 36% of Twitter's total sales last quarter, but 79% of its users are based outside the United States.

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Global mobile traffic now represents roughly 60 percent of internet traffic, making mobile apps a must-have for businesses. But consumers today increasingly expect an Amazon-like experience online. Small businesses do not just need to build a mobile app, they need to build a great one.

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Optimism appears to be rising among small business owners (SBOs): 53% of the SBOs who participated in TD Banks 2018 Small Business Survey said they expect their revenues will grow in 2018. That is an improvement over the 46% of respondents who said the same in 2017.

In addition, the number of small businesses -- defined for purposes of the survey as those with $5 million or less in annual revenues -- that plan to hire this year more than doubled. In 2017, only 9% of respondents said they expected to add staff. This year, 22% said they intend to.

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Effective Aug. 19, the Small Business Administration (SBA) is raising its monetary-based small business size standards for inflation by an average of 8.4%, an adjustment that the administration expects will allow 90,000 additional companies to participate in its loan and contracting programs. The SBA said that this increase could result in $750 million more total contracts awarded to small businesses and as much as $65 million more in small business loans.

In order to be considered a small business under current SBA guidelines, most general, heavy and civil construction companies cannot have more than $36.5 million of average annual sales receipts.

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According to a new survey, the results of which were first published by Inc. on Tuesday, odds are good that you identify more with option A, even if option B is your reality. In a poll of 620 U.S. small-business owners, conducted by online lender and small-business cash-flow platform Kabbage, 60 percent of respondents believed their revenue growth underperformed that of their peers.

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If you did not generate good AdSense revenues, this article could help to maximize your website revenues! Get the insight needed also to generate revenues from any ad serving service.

Is the AccessoryAds better than the AdSense? Which of them works good to get best revenues? There are new strong advertising companies that work as best alternatives to Google.

The Interactive Advertising Bureau and PwC released their third annual study of advertising revenue in podcasting last week. Although the studys headline is yet another year of steep growth, the numbers show that growth has peaked and is slowing down. The numbers show that podcasting will need to find other sources of revenue if its commercial viability is ever going to be proportional to its growing listenership.

The study indicates that podcast advertising brought in $479 million in 2018 and estimates that it will scrape past $1 billion by 2021. Last year's revenue is a 53% increase over 2017, but growth is expected to slow down to about 20% in a couple of years.

These numbers are much lower than those from other forms of ad-supported online audio content. PwC's Global Entertainment and Media Outlook last year estimated $1.65 billion in ad revenue for internet streams of AM/FM radio stations in 2018, growing to $2.2 billion by 2021.

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The podcast industry is growing fast; the industry generated an estimated $479.1 million in revenue in 2018 and is expected to produce more than $1 billion by 2021, according to a new report from the Interactive Advertising Bureau (IAB) and PwC. The latest revenue figure represents an increase of 53 percent in just a year.

The shift to podcast ads backs up what industry titans, like Spotify, have been saying for months. The company plans to spend up to $500 million this year on podcast-related acquisitions.

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NPR is projecting that podcast sponsorship revenues will surpass revenues from broadcast sponsorships next year for the first time.

During NPR’s membership meeting Sept. 5, Chief Financial Officer Deborah Cowan told public radio station leaders that the network has budgeted about $55 million in corporate sponsorship revenues from podcasts in fiscal year 2020.

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We have seen how the radio industry has steadily increased its digital revenue, crossing the $1 billion mark in 2019, according to the RAB. As radio stations look to generate new business, to battle digital monsters Facebook and Google who are coming for their local ad dollars, could podcasting be radio’s next revenue star?

Radio has certainly gotten into the podcast content game, with big companies launching their own networks, some creating original content and most stations converting on-air shows to on-demand podcasts. Revenue has been somewhat elusive so far.

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With commuting on hold and everybody Zooming all the time, podcast consumption has taken a bit of a hit as listeners look for new ways to fit shows into their daily routines.

Last month, the analytics firm Chartable released research suggesting that podcast downloads were 10% lower on March 25 than they were on February 26.

Those numbers deserve to be taken with a grain of salt. Chartable, like Podtrac and other podcasting analytics services, is an opt-in analytics service, and many different podcast networks, ranging from Entercom to Vox Media, showed increased listening last month.

There are early signs that media will be one of many industries to take a huge blow from the COVID-19 pandemic, with sharp declines in ad revenue and significant layoffs. Podcasting is unlikely to be an exception; Podtrac recently reported that downloads have fallen 10% since the beginning of March, while unique listeners fell by 20%.

A different picture emerged when I spoke to Ross Adams,  CEO of podcast advertising company Acast, which works with both bedroom podcasters and large publishers like the BBC and PBS NewsHour.

Adams said listenership is not down — it’s just that audiences have changed when they are listening and what they’re listening to, with Acast  seeing its largest weekends ever in recent weeks. And plenty of people want to start new podcasts; signups for the Acast Open platform increased 49% month-over-month in March.

The dent COVID-19 put in podcast advertising hasn’t stopped the market from growing.

Revenues in the podcast advertising market are projected to grow 14.7% year over year to nearly $1 billion in 2020, according to the IAB and PricewaterhouseCooper’s full year podcast ad revenue study, released Monday. IAB surveyed 19 podcast publishers and ad networks prior to the pandemic and followed up in mid-April with another survey about COVID-19’s impact on the industry.

That 14.7% projection is a downgrade from the IAB’s pre-pandemic expectations of 29.6% growth in 2020, 55% growth in 2021 and 36% growth in 2022. Those figures were based on podcast advertising’s growth to $708 million in 2019 (48% year over year).

But 2020s decelerated growth is still a positive given how the pandemic has decimated other mediums, said Zoe Soon, VP of consumer experience center at the IAB.

Alianza, Inc.amp;nbsp;today introduced Alianza for Microsoft Teams, a new and powerful solution that gives service providers a robust cloud PBX voice solution for Microsoft Teams.

(Telecompaper) Revenues of Russian national operator Rostelecom totaled RUB 193 billion in the third quarter of this year, up by 11 percent year-on-year...

(Telecompaper) Skyworks Solutions reported revenues for its fiscal fourth quarter to September of USD 1.025 billion, better than in the previous quarter but still down around 16 percent from a year earlier...

(Telecompaper) Amdocs is targeting pro forma sales growth of 1 percent to 4.5 percent in the 2025 fiscal year, but is predicting a GAAP revenue decline of between 7.7 and 10.9 percent...

(Telecompaper) 1&1 has again slightly lowered its estimate for service revenues this year, to EUR 3.31 billion from a previous estimate of EUR 3.33 billion...

(Telecompaper) Singtel saw strong EBIT growth of 27 percent year-on-year to SGD 738 million in fiscal first half to September...

(Telecompaper) SoftBank announced a series of collaborations with Nvidia to deploy what they claim is a new kind of telecommunications network that can run AI and...

(Telecompaper) Thaicom saw its revenue from sales and services reach THB 614 million in the third quarter of 3024, which represents a decline from THB 638 million in the second quarter of 2024 and THB 623 million in the third quarter of 2023. This was mainly attributed to the revenue from satellite and related...