ALIBABA BREAKING SALES RECORDS
Alibaba Group Holding Ltd (NYSE:BABA) the chinese e-commerce giant, has obtained a total of 14,300 million dollars (13.332 million euros) on “Day of Singles”.
This figure surpasses its own record of last year, when a turnover of 9.340 million dollars (8.729 million euros), according to the multinational.
The holiday of “Day of Singles”, held in China every November 11th as opposed to “Valentine”, represents the biggest shopping event ‘online’ exceeding the volume of sales through Internet phenomena such as Western consumerist the “Black Friday” and “Cyber Monday”.
Alibaba.com said that in the first 18 seconds of the “Day of singles” in China had reached a transaction volume of 15.72 million dollars.
Thus, the Chinese company needed only 12 minutes to reach a turnover of 1,570 million dollars, after the first hour of the event and totaled 3.890 million, an amount 73.8 % were transactions via mobile devices.
Thus, in just 90 minutes, Alibaba.com had achieved a turnover of more than 5,000 million, of which 72% were transactions through mobile devices. “
Daniel Zhang, CEO of Alibaba Group, stressed that China has transformed multinational 11.11 “in a shopping experience through mobile unprecedented.”
The executive said that every 11.11 tests Alibaba infrastructure, recalling that last year the company was able to process 80,000 orders per second at the time of greatest activity.
11.11 purchase festival began in 2009 with 27 market participants as an event for customers and dealers are reconciled online with Tmall.com.
The celebration, which in recent years has become one of the main events for consumers in the Asian giant that take advantage of discounts applied by companies, has allowed Alibaba.com beat all sales records ‘online’.
Alibaba received in the second quarter of its fiscal year, ended September 30, net profit of RMB 22.754 million, almost seven times more than RMB 2.976 million, while its turnover amounted to 22.171 million RMB , 31.7% more than the 16.829 million RMB last year.
In the whole of the first six months of its fiscal year, the company founded by Jack Ma earned a net profit of 53.597 million RMB. 3.5 times more than a year ago, while its turnover rose by 30.1 % to 42,416,000 RMB.
HERMÈS INCREASES SALES
Hermes International SCA (EPA:RMS) recorded a turnover of 3.443 million euros in the first nine months of 2015.
The French firm of luxury fashion and accessories highlighted sales improvement in all regions. The most notable increases were in their divisions of Asia and Europe, where they totaled 1,648 and 1,131 million euros respectively, representing an increase of 23% in the Asian region and 10.8% in Europe compared with the previous period.
Meanwhile, the turnover of the company amounted to 1.143 million euros in the third quarter of 2015, up 15.4% compared with the 991 million euros earned in the previous year. In particular, the turnover increased by 15.1% in Asia and 15.8% in Europe, to 526 and 396 million euros respectively.
On the other hand, the French company emphasizes that in late September currency exchanges were very favorable for the company, which has represented a positive impact of 298 million euros in revenues.
SACYR GROWTH IN SALES
Sacyr Vallehermoso, S.A. is a leading Spanish construction company based in Madrid.
It is publicly traded and is part of the IBEX 35 market value-weighted stock market index.
The company was founded in 1986 as Sociedad Anónima Caminos y Regadíos and was renamed Sacyr in 1991. In 2002 it acquired 24.5% of Vallehermoso, a leading Spanish housing business founded in 1921.
In 2003 it merged with Vallehermoso to form Sacyr Vallehermoso.
Major projects involving the business include the Torre Sacyr Vallehermoso, completed in 2008.
Sacyr Vallehermoso was the largest shareholder in the Spanish oil company Repsol YPF, holding an approximate 20% stake.
On December 20, 2011 Repsol YPF bought half of Sacyr Vallehermoso’s stake back in order to save the shares from being seized in a foreclosure.
Sacyr reported sales of EUR 1340 mn, which compares with EUR 1170 mn a year earlier.
The Spanish company presented a the first half EBITDA which increased 50% to EUR 155mn and net income amounted to EUR 62mn (EUR 61mn vs. the same period in 2014).
Net debt decreased to EUR 5,330 mn compared with EUR 7,080 mn observed in March.
The CEO indicated that it would consider M & A in North America and predicts that EBITDA double the 2014 value by 2020.
Read more:
DAIMLER AND VOLKSWAGEN WITH PROFITS ALWAYS GOING UP
DAIMLER’s operating profit increased 41% in the first quarter.
The results improve as the search for the most popular model, Mercedes-Benz, increases faster than observed in competitors.
Revenues for the quarter totaled EUR 34,200 mn, above the expected EUR 33,500 mn.
The profit before tax increased to EUR 2930 mn exceeding the estimated by market consensus (EUR 2690 mn).
The other German giant automaker did not lag behind.
VOLKSWAGEN reported an operating profit of EUR 3300 mn, up from EUR 3140 mn expected and sales of EUR 52,700 mn (vs. EUR 50,500 mn projected).
The company estimates a 4% growth in annual revenue, pending certain conditions, and projects a sales profitability in the year between 5.5% – 6.5%.
Read more:
https://www.daimler.com/investor-relations/en
http://www.volkswagenag.com/content/vwcorp/content/en/investor_relations.html
TWITTER DISAPPOINTING RESULTS
The social network TWITTER reported mixed results.
The revenues of USD 436 mn (USD 456.2 mn vs. expected) and adjusted EPS of USD 0.07 (USD 0.04 vs. estimated).
The growth in the number of users stood at 18% (vs. 20% in 4Q14) and the company has lowered projections for revenues 2015.
The growth in the number of users stood at 18% (vs. 20% in 4Q14) and the company has lowered projections for revenues 2015.
Revenues passed the initial range of USD 2300 mn – USD 2350 mn to USD 2170 mn – USD 2270 mn.
The sales forecasts for the current quarter disappointed market expectations, with the estimated range of USD 470 mn – 485 mn USD finding themselves short of USD 538.1 mn expected.
Earlier this month we knew that the actions of Twitter came up with strength on Wall Street because, according to Barron’s magazine, the company could be the target of a hostile takeover bid, for which the company had already hired an adviser to hedge its offer.
The Barron’s also said it could be two suitors: Google or Facebook.
Both giants can be evaluate buy Twitter even though none of the companies make public comments on the feasibility of such an agreement.
The news was made known on the same day the company announced a number of interesting new features that enhance the experience when using the social network.
As a new feature we have improved the option to quote “tweets”, which allows you to write more than 140 characters.
Read more:
https://investor.twitterinc.com/
http://www.fool.com/investing/general/2015/04/28/why-twitter-inc-stock-plummeted-today.aspx
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