OSAKA, Japan.-Saturday 8 February 2020 [ AETOS Wire ]

    Demonstrating business momentum with FY2019 Q3 year-to-date (YTD) revenue 2,519.5 billion yen, up +82.6% versus prior year due to acquisition of Shire and continued strong performance of 14 global brands; while Underlying Revenue expected to recover in Q4 resulting in flat to slightly increasing for the full year
    Core Operating Profit* of 792.2 billion yen and Underlying Core Operating Profit Margin of 30.9% driven by accelerated integration synergies and OPEX efficiencies
    Raising full year guidance to reflect strong business momentum and faster than expected realization of integration synergies; Reported Operating Profit forecast now positive primarily due to the impact of the completed purchase accounting

*NOTE: From FY2019 Q1, the term “Core Earnings” has been renamed “Core Operating Profit1”.
The definitions are ... Read more »

LONDON.-Saturday 8 February 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- The GSMA continues to monitor and assess the potential impact of the Coronavirus on MWC Barcelona 2020. The GSMA confirms that there remains minimal impact on the event thus far. MWC Barcelona 24-27 February 2020, will proceed as planned, across all venues at Fira Gran Via Fira Montjuïc and La Farga L’Hospitalet, including YoMo and Four Years From Now (4YFN).

Spain, the City of Barcelona and the GSMA look forward to welcoming attendees to MWC Barcelona 2020. The first deputy mayor of Barcelona, ​​Jaume Collboni, guaranteed on Wednesday 5 February, that during MWC Barcelona there would be ‘permanent coordination’ with the health authorities, as a preventive measure against the outbreak of coronavirus. He stressed at a press event, the close and coordinated relationship between institutions, the GSMA and health authorities.

As previously stated, the GSMA has implemented many mea ... Read more »

LONDON-Saturday 8 February 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- The GSMA regret to see Ericsson’s decision not to attend MWC Barcelona this year as they are an important player in our ecosystem. We respect their decision and are reassured by their commitment that they will be at MWC Barcelona 2021 in full force and our rebook trends for next year’s event remain high. Ericsson’s cancellation will have some impact on our presence at this time and will potentially have further impact.

It is of great importance to the GSMA to continue to convene the industry at this critical time where connectivity is on the cusp of a new industrial revolution. Advocating across the industry through government and ministers, policymakers, operators and industry leaders has never been more critical.

The GSMA continues to monitor and assess the potential impact of the Coronavirus on MWC Barcelona 2020 as the health and safety of our exhibitors, attendees and staf ... Read more »