Sentences with phrase «billion euros»

Revenue at Altice's French subsidiary SFR was down 1.3 percent compared with a year earlier at 2.8 billion euros, with EBITDA falling 3.2 percent year - on - year to 1 billion euros.

An estimated 2.55 billion euros ($ 3.48 billion) of the paper is outstanding, Merrion Stockbrokers Ltd. in Dublin said in a report yesterday.

Vivendi on Aug. 31 reported that revenue was 5.4 billion euros in the first half of 2017.

After recalling Tsipras coming to power as an unrepentant demagogue whose high - wire negotiations in 2015 cost Greece «100 billion euros» (in extra austerity measures), the opposition accuses him of «belatedly discovering investments» that he fought against.

In addition, the fund will invest 213 million euros in the junior tranche of a securitisation of non-performing loans with a gross value of around 3 billion euros.

The European Commission is insisting that a bailout of Banca Popolare di Vicenza and Veneto Banca require 1 billion euros of funds from private investors before a allowing a 6.4 billion euro bailout, Reuters reported.

Group net debt stood at 2.73 billion euros at end - 2011.

- Altice said on Nov. 2 it generated 5.8 billion euros of revenue in the three months to the end of September, up 0.3 percent from a year earlier after stripping out the effects of currency movements.

Volkswagen on March 13 said it had selected partners to provide battery cells and related technologies worth around 20 billion euros for its electric - vehicle projects in Europe and China.

Ikea's experiential model is one of the key reasons that the company has steadily increased its total revenue from 12.9 billion euros in 2004 to 29.3 billion only a decade later.

General Electric (NYSE: GE) confirmed it had offered a bid of 12.3 billion euros ($ 16.9 billion) to acquire Alstrom's energy business.

Here's a first look at Spotify's Q1 earnings, which are in line with the guidance it offered up earlier this spring: In its first - ever quarterly report since going public last month, the streaming music company reported revenue of 1.14 billion euros, operating losses of 41 million euros, 75 million paid subscribers and a gross margin of 24.9 percent.

The cryptocurrency is worthless, even if blockchain technology could bring significant benefits to investors, said the investment arm of Europe's biggest insurer, which manages almost 500 billion euros ($ 785 billion).

Operating profit, excluding special items such as higher provisions for costs from its historic diesel crisis, was 17 billion euros.

The consent, from more than 97 percent of senior secured bondholders, follows similar approval from senior banking lenders and from holders of its 1.3 billion euros of high - yield bonds issued via Lighthouse International Company SA, a unit of Seat PG.

ATHENS, Greece (AP)-- Greece's left - led government submitted to Parliament late Wednesday a new package of creditor - demanded tax hikes and reforms worth 1.8 billion euros ($ 2 billion), which it hopes to have approved by lawmakers in time for a meeting of European officials next week.

The four biggest Greek banks received 18 billion euros (US$ 22.6 billion) in rescue funds on May 28, 2012 to help reinforce their capital bases, a Hellenic financial stability fund source said.

The diesel emissions scandal has already cost Volkswagen 25 billion euros, and no end is in sight.

Quarterly revenue was 1.4 billion euros ($ 1.7 billion), which Hermes attributed to growth across all of its markets and business lines.

Greece was officially declared in default on Friday by the European Financial Stability Facility, which holds 144.6 billion euros ($ 160 billion) of Greek loans.

The pan-European FTSEurofirst 300 was last down 5 percent at 1,355 points, wiping around 400 billion euros ($ 460.16 billion) off the index and taking its losses for the month to more than 1 trillion euros.

At a valuation of 3 billion euros including debt, Signa's offer would value Kaufhof's real estate at 2.63 - billion euros, sources said.

Profit for the quarter fell 6.2 % to 1.95 billion euros ($ 2.34 billion) from EUR2.08 billion a year earlier, while sales fell to EUR9.14 billion from EUR13.24 billion, the company said.

Signa tried to buy Kaufhof in 2015, but Hudson's Bay outbid it by paying 2.5 billion euros including debt for the German chain and its Belgian subsidiary.

We aim to invest about 1 billion euros in China in the future.

Here's what you need to know: PROFIT FORECAST: Analysts expect BNP to report a net profit of 1.45 billion euros ($ 1.74 billion) for the quarter compared with EUR1.89 billion a year earlier, according to a consensus forecast provided by FactSet.

Bids for the issue amounted to 7.016 billion euros.

It sold 3.397 billion euros of a new two - year benchmark issue carrying a coupon of 2.75 percent.

Sales last year totalled 9.16 billion euros ($ 11.3 billion), up 2.2 percent net of currency moves.

Bain and Cinven, who earlier this year took control of Germany's Stada, are hoping to use the Merck unit as a buy - and - build platform for Stada, which makes generic drugs and consumer care products and had annual revenues of more than 2 billion euros in 2016, the sources said.

Merck's financial adviser JPMorgan has invited bids for the business, which is valued at about 4 billion euros ($ 4.8 billion), ahead of a Dec. 15 deadline, the sources said.

Danone's «Project Protein» savings program, unveiled earlier this year, aims to cut costs by 1 billion euros over the next three years.

It issued a further 1.949 billion euros in bonds maturing in 2018 as the cut - off rate declined to 4.033 percent from 4.769 percent in a tender held in November.

However, van Houten said on a call with the media that Philips» results would be barely affected as the business's revenue — at around 300 million euros a year - was small in the context of the group's top line of 24.5 billion euros for 2016.

Organic sales of 2.4 billion euros increased by 11 percent compared with the same period of 2017 and adjusted EBITDA increased by 55 percent.

Fresenius is the largest publicly traded healthcare company in Europe, with a market capitalization of 42 billion euros ($ 46 billion).

Mario Draghi, the European Central Bank president, said Thursday that the governing council agreed to a quantitative easing program that will see it buy up to 60 billion euros» worth of bonds.

The bank's president, Mario Draghi, said the central bank would begin buying bonds worth 60 billion euros, or about $ 69.7 billion, a month.

LONDON (Reuters)- Private equity fund CVC Capital Partners has picked advisers to sell its food firm Continental Foods in a deal that could be worth more than 1 billion euros ($ 1.12 billion), sources familiar with the matter told Reuters on Monday.

The company's net debt increased to about 12.5 billion euros ($ 15.6 billion) by the end of March, nearing the level reached a decade ago when former CEO Jean - Marie Messier's acquisition binge left the company close to bankruptcy.

At 17.2 billion euros, Vivendi's market capitalization compares with almost 40 billion euros in total value of its various businesses, not counting net debt, according to April estimates by Morgan Stanley analysts.

Atlantia, which runs more than 5,000 kms in toll motorways, said the total equity value for the whole of its Autostrade per l'Italia (ASPI) unit was 14.8 billion euros ($ 16 billion).

Buyout firms may pay up to 7 billion euros for Unilever's spreads unit.

That figure, which comes out to a combined 360 billion euros ($ 401 billion) in bad debt, is more than three times the bank loans that were bad in the U.S. on a percentage basis at the height of the financial crisis.

The investment bank values SFR alone at 12.9 billion euros, and Brazilian phone unit GVT at

The Pot Noodle owner is paying 2.3 billion euros for fast - growing Carver Korea, maker of «Eye Cream for Face» serums.

London - based CVC, which recently raised a record 16 billion euros for its latest fund, is working with Swiss bank UBS (UBSG.S) and Paris - based investment boutique Messier Maris on a possible sale, the sources, who declined to be identified as the process is private, said.

That was forecast to rise by 3.0 percent in 2014 and by 3.7 percent per year to 41.8 billion euros (19.1 percent of GDP) in 2024.

We know that Google (NASDAQ: GOOG) paid a massive fine last year, $ 2.6 billion euros.

The proposed joint venture, which could be worth at least 10 billion euros ($ 10.6 billion), would merge the firms» train - making and signaling activities, said the people, asking not to be identified because the discussions are private.