On the other hand, (i) 2.9x YoY higher other expenses (potential exchange loss on DAP imports) and (ii) 62% YoY higher finance cost contained the bottomline growth
during the period.
is ramping up its capital spending by nearly half this year to support the continued expansion and enhancement of its data network after ending 2018 with strong topline and bottomline growth
Strong revenue growth in the first half of the year supported bottomline growth
Koushik Chatterjee, executive director and chief financial officer, said FY18 has been a good year for the company and the group delivered a strong top and bottomline growth
Saudi Arabia's index (SASEIDX) companies reported a cumulative sequential bottomline growth
of 25 per cent during the third-quarter (year on year growth: 14 per cent), led by growth in the materials sector (+44 per cent quarter on quarter, +15 per cent year on year), while banking sector witnessed muted sequential growth (+0.4 per cent quarter on quarter, +14 per cent year on year).
Together with the continued build-up of our leasing assets, this has led to a strong top and bottomline growth
for the company.
"We continue to expect top-line growth above category rates, strong bottomline growth
and a free cash flow increase of up to 10% in fiscal 2017, driven by the continuous launch of innovation and further leveraging of our global platform to expand distribution of our products, " Rouve said.
Contrary to the past trend where revenues remained the prime bottomline growth
driver, this time around 6%YoY increase in the sector's gross profitability despite marginal drop in revenues on account of flat dispatches.
Hoganson, Chief Financial Officer of ARC Hospitality, added, "The Equity Inns portfolio has a majority of properties located in the top 100 MSAs and premier locations in their respective markets, and we believe it exhibits strong top- and bottomline growth
"Growth in domestic sales and cost reduction initiatives by the company contributed significantly to bottomline growth
during the quarter," said the company in a statement.For the first half of the current fiscal, Maruti's profits were up by 24.8 percent at Rs 1624.82 crore.
Coughlin is the CEO of BottomLine Growth
Strategies, Inc., a growth advisory services firm she founded in 2006 to help companies of various industries to grow profitably and sustainably.
Other recipients of the 2013 Bridging the Gap Awards were, for Achievement by a minority- or woman-owned business, ACL Computers and Software, Inc., Axiom engineering Design, Baltimore Window Factory, BottomLine Growth
Strategies, Inc., Daytner Construction Group, Intelect Corporation, Point.Click.Switch, and Proove Biosciences, Inc.