Tag Archives: revenue

Business

Rosendin Electric Ranks Third on EC&M List of Top 50 Electrical Contractors for 2015

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New Construction Projects, Increased Demand for Data Services, and More Efficient Field Operations Contribute to Improved Revenues for Rosendin Electric.

San Jose, CA, USA (October 23, 2015) — Rosendin Electric, one of the nation’s largest private electrical contractors and an employee-owned company, was ranked third by revenue on the 2015 list of Top 50 Electrical Contractors compiled by Electrical Construction & Maintenance (EC&M) Magazine. Rosendin Electric was the only privately held electrical contractor to rank in the top four in revenue.

Rosendin Electric was among 10 contractors on the EC&M list to post annual gains of 15 percent or more in 2014. Much of the growth is attributed to economic recovery, since overall revenue from electrical and telecommunications projects climbed from $15.7 billion in 2013 to $21.8 billion in 2014. Regional markets where Rosendin Electric has a strong presence, such as San Francisco and Silicon Valley, have seen resurgence in new construction in 2014 and 2015 due to pent up demand. Rosendin Electric also had a variety of projects in the industries that demonstrated the strongest growth – healthcare, data center, power, education, and manufacturing.

In addition to increasing their volume of construction projects, Rosendin Electric continues to be a pioneer amongst peers in the development of technology to improve operational efficiency. Rosendin Electric was one of the first electrical contractors to equip project managers, superintendents, and field supervision with tablets to allow them to review project specs and diagrams, clock workers in and out, manage the supply chain, and much more. The use of sophisticated materials tracking software, for example, supports just-in-time delivery of essential materials to the job site to eliminate construction downtime. In addition, Rosendin Electric provides its employees with comprehensive documentation and hands-on training, as well as webinars and video clips to improve efficiency and safety in the field, all of which contributes to improved efficiency and reduced costs.

“There are so many ways that technology has helped us to become more productive,” Sam Lamonica, CIO of Rosendin Electric, told EC&M. “We now have tools to help us with everything from estimating to modeling to prefabrication. The benefits are just so wide-ranging.”

About Rosendin Electric
Rosendin Electric, Inc., headquartered in San Jose, California, is an employee-owned electrical engineering, power, and communications provider and is one of the largest privately held electrical contractors in the United States. With over 3,500 employees and experience worldwide, Rosendin Electric has built upon a 95-year reputation for quality design and installations. For additional information, visit http://www.rosendin.com.

Media Contact:
Shelly Sever
Marketing Manager
Rosendin Electric
(408) 534-2819
ssever@rosendin.com
http://www.rosendin.com

Business

Prestige Estates Q3 FY15 Turnover at Rs. 6,453 Mn (up by 40%) & PAT at Rs. 995 Mn (up by 23%)

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Registers New Sales of Rs. 10,094 Mn for Q3 FY15 and ties up for 14 New Property Developments.

Bangalore, India, January 28th, 2015 — Registers New Sales of Rs. 10,094 Mn for Q3 FY15 and ties up for 14 New Property Developments.

Q3 FY15:
* Revenue at Rs. 6,453 Million, considering revenue from operations and other income, up by 40% as compared to the revenue for the corresponding quarter of previous year (Q3 FY14) which stood at Rs. 4,600 Million.

* PAT at Rs. 995 Million, up by 23% as compared to the PAT for the corresponding quarter of previous year (Q3 FY14) which stood at Rs. 807 Million

*The Company has sold 611 Residential units and 0.21 million square feet of Commercial Space, aggregating to 1.55 million square feet amounting to Rs. 10,094 million of sales. (Of this, Prestige share is: 532 units – 1.13 million square feet amounting to Rs. 7,594 Million of Sales.)

* Total collections for the quarter aggregated to Rs. 9,209 million. (Prestige share of collections for the quarter aggregated to Rs. 7,561 million.)

For the Quarter ended 31 December 2014 (Q3):
Financial Highlights (Q3 FY15):

* Revenue at Rs. 6,453 Mn, considering revenue from operations and other income, up by 40% as compared to the revenue for the corresponding quarter of previous year (Q3 FY14) which stood at Rs.4,600 Mn.

* EBIDTA at Rs. 2,241 Mn, up by 39% as compared to the EBIDTA for the corresponding quarter of previous year (Q3 FY14) which stood at Rs.1,614 Mn

* PAT at Rs.995 Mn, up by 23% as compared to the PAT for the corresponding quarter of previous year (Q3 FY14) which stood at Rs.807 Mn

Operational Highlights (Q3 FY15):

New Sales:
* The Company has sold 611 Residential units and 0.21 million square feet of commercial space, aggregating to 1.55 million square feet amounting to Rs. 10,094 million of sales. (Of this, Prestige share is: 532 units -1.13 million square feet amounting to Rs. 7,594 Million of sales.)

* During the corresponding Q3 of previous year FY 13-14, the company had sold 1,204 Residential units and 0.03 million square feet of commercial space, aggregating to 2.08 million square feet amounting to Rs.12,620 million of sales. (Prestige share of sales for Q3 FY13-14 were 904 units -1.55 million square feet amounting to Rs.9,402 Million of sales.)

Collections:
* Total collections for the quarter aggregated to Rs. 9,209 million. (Prestige share of collections for the quarter aggregated to Rs. 7,561 million.)

* Total collections for Q3 FY 13-14 were Rs. 7,133 million and Prestige share of collections were Rs. 5,923 million.

Completions:
* This quarter, the Company has completed one residential project in Bangalore aggregating to 0.66 Mnsft.

For the Nine months ended 31 December 2014 (9M FY15):
Financial Highlights (9M FY15):

* Revenue at Rs. 18,304 Mn, considering revenue from operations and other income, up by 23% as compared to the revenue for the corresponding 9 months of previous year (9M FY14) which stood at Rs.14,933 Mn.

* EBIDTA at Rs. 6,097 Mn, up by 30% as compared to the EBIDTA for the corresponding 9 months of previous year (9M FY14) which stood at Rs.4,689 Mn

* PAT at Rs.3,004 Mn, up by 23% as compared to the PAT for the corresponding 9 months of previous year (9M FY14) which stood at Rs.2,448 Mn

Operational Highlights (9M FY15):
Sales:
* The Company has for the nine months ended December 2014 sold 3,263 Residential units & 0.46 million square feet of Commercial space, totalling to 6.27 million square feet, amounting to Rs.39,026 million of Sales, up by 10% as compared to the sales for the corresponding 9 months of previous year (9M FY15)

* Of the above, Prestige Estates share is 2,986 units totalling to 5.36 million square feet amounting to Rs. 33,560 million of Sales, up by 11% as compared to Prestige Estates share of sales for the corresponding 9 months of previous year (9M FY15)

* For the corresponding 9 months ending December 2013, the Company has sold 3,659 units and 0.15 Mnsft of commercial space, totalling to 6.01 Mnsft, amounting to Rs.35,560 million of Sales. Of this, Prestige Estates share of sales is 3,141 units and 0.15 Mnsft of commercial space, totaling to 5.15 Mnsft amounting to Rs.30,316 million of Sales

Collections:
* Total collections for the nine months ended 31st December 2014 aggregated to Rs. 27,688 million up by 28% as compared to the total collections for the corresponding 9 months of previous year (9M FY15). (Of this, Prestige Estates share is Rs. 23,269 million, up by 28%)

* Total collections for 9M FY 13-14 were Rs. 21,618 million and Prestige share of collections were Rs. 18,195 million.

Launches:
* The Company has launched total 7.38 million square feet of developable area for the nine months ended December 2014.

Commenting on this strong performance and growth, Mr. Irfan Razack, Chairman and Managing Director, Prestige Estates Projects Limited, said “Things on ground are pretty robust and positive. In fact, this quarter has been fantastic for us in terms of sales. We have clocked over Rs.10,000 Mn of total new sales in spite of having no new launches during the quarter and without having the need to advertise much. During the quarter we have also tied up for 14 new property developments across the geographies and these projects, once launched will further enhance our sales momentum and help us in taking our company to next level.”

Mr. Venkat K Narayana, Executive Director & CFO added to this saying that “The growth is supported by collections in excess of Rs. 9,200 million during the quarter, excluding the rental income. On the turnover front, there is sizeable un-booked revenue around Rs. 83,776 million and with the execution of projects moving in line with the schedule, these revenues consistently flow to the top line to sustain these numbers going forward and grow further.”

About the Company:
Prestige Estates, having a legacy spanning over 28 years, is one of South India’s leading Real Estate Developers. It has 184 completed projects aggregating over 60.74 Mnsft of developable Area to its credit and currently has 57 ongoing projects aggregating to 59.24 million square feet of developable area and 43 upcoming projects aggregating to 44.11 million square feet of developable area spanning across Residential, Commercial, Retail and Hospitality sectors in major South Indian cities such as Bengaluru, Mysoru, Mangaluru, Chennai, Kochi, Hyderabad, Ooty, Goa, etc. It is also currently one of the few CRISIL DA1 rated Developers in India. This rating indicates the Company’s excellent ability to execute real estate projects as per specified quality levels within stipulated time schedules and to transfer clean title.

Disclaimer:
Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, technological risks and many other factors that could cause our actual results to differ materially from those contemplated. Prestige Estates Projects Limited will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

For further information, please contact:
Mr. Venkat K. Narayana
Executive Director & CFO
Prestige Estates Projects Limited
The Falcon House
No.1, Main Guard Cross Road
Bangalore – 560 001
Phone: +91-80-25001280
Fax: +91-80-25591945
E-mail: venkatkn@prestigeconstructions.com
URL: http://www.prestigeconstructions.com

Business

Market Rates Insight Releases Findings from its New Consumer Study: Growth and Revenue Potential from Emerging Financial Services

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New fee optimization study reveals perceived value of new financial services and how to optimize fees with service bundles to generate new revenue.

SAN ANSELMO, Calif. (May 30, 2013) — Market Rates Insight, Inc., a leader in financial services intelligence for deposits, personal loans, mortgages, and fees, has completed the analysis phase of its latest consumer research and fee optimization study, “Growth and Revenue Potential for Emerging Financial Services.” The study examines 13 emerging financial services and assesses consumer attitudes about the importance and value of each service, segmented by banks and credit unions as well as demographic groups. The study findings will be reviewed in a webinar to be hosted by Market Rates Insight on June 18.

This study is the only one of its kind to measure consumer attitudes about banking fees and services and was conducted nationwide to help banks and credit unions better understand consumers and identify new revenue sources from fee-based services and service bundles. Banks and credit unions are facing new challenges from non-banking competitors offering banking services, and they need to identify new ways to attract and keep customers. This study provides empirical data on the importance and value of emerging services to help financial institutions create service offerings that attract and retain customers while building revenue.

Some of the preliminary findings reveal that identity theft alerts (70.8%), credit score reporting (71.4%), payment protection services (64.6%), and same-day bill pay (58.7%) currently ranked with the highest consumer demand. Other services such as eldercare services, prepaid reloadable cards, and location-based coupons showed the greatest growth potential with consumers.

This study also reveals for the first time how consumers value certain combinations of services. Consumers typically value service bundles more than individual services, and will pay a premium for bundled services. The study reveals which combination of services command higher fees because of increased consumer demand.

“For the foreseeable future deposit rates will remain flat and loan demand will stay soft, so financial institutions will have to rely in fee revenues for income growth. But to convert services from ‘free to fee,’ banks and credit unions will have to identify new services that consumers want and are willing to pay for. Our new study shows banks and credit unions how to use service fees to expand profits and penetration with both existing and new customers.”

The “Growth and Revenue Potential lf Emerging Financial Services” study is being offered in both an Essential and Premium package. The Essential package includes copies of the complete 150-page study and a competitive survey of 10 financial institutions and their adoption of the 13 emerging financial services. The Premium package includes the survey and competitive data, as well as an optimization analysis of service bundles, an online optimization consultation, copies of the Emerging Trend Spotlight quarterly update, and access to trend analysis and service integration online seminars.

For more information about the study or the upcoming webinar, contact Market Rates Insight at info@marketratesinsight.com.

About Market Rates Insight
For more than two decades, Market Rates Insight (MRI) has been helping clients price with precision by providing banks, thrifts, credit unions, and other financial institutions with comprehensive market intelligence on deposits, loans, and fees. MRI’s products include web-enabled, customizable report programming, proprietary product research tools, searchable databases, market alerts, and online dashboards that aggregate key client data to provide real-time interactive views on how they rank against their specific competitors. MRI provides advanced toolsets for deposits uses deposit surveys, mortgage and consumer loans, and loan surveys, fees and features pricing in addition to studies, new product alerts, benchmarking and market analyses to give subscribers the intelligence needed to strategically position products, optimize pricing and react to emerging trends.

Market Rates Insight is located in San Anselmo, California. For more information, see http://www.marketratesinsight.com.

Photos available upon request

For additional information contact:
Tom Woolf
Market Rates Insight
(415) 259-5638
tom.woolf@marketratesinsight.com

Business

LinkedIn Is Your Best Social CRM Resource to Drive Revenue – Next Experts Connection for Business Explains How

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Social Media Expert Jim Durbin Provides Step-by-Step Approach to Show You How to Mine LinkedIn for New Sales Leads and How to Connect with Decision-Makers.

NOVATO, Calif. (April 10, 2013) — Connecting with your prospects before you even make a sales call is having a terrific impact on business, and LinkedIn is the first source of social selling for most sales, marketing, and business development professionals. LinkedIn provides a social CRM database that is being continually updated by users so the information is always current. In the next session of Experts Connection for Business, “LinkedIn for Sales: Driving New Revenue” (http://www.experts-connection.com/business.aspx), social media specialist Jim Durbin will show how to use LinkedIn to find new clients, understand their company, and engage with them in a way that turns connections into revenue. The webinar is scheduled for 4:00 to 5:30 ET (1:00 to 2:30 PT) on Tuesday, April 24 and is archived online for registrants to access after the presentation. The Experts Connection webinar series is sponsored by NETSHARE® (http://www.netshare.com).

Social media gives sales and marketing executives – anyone who is really connected -new ways to increase the top line. LinkedIn escalates social selling by providing a central forum where you can identify new company and new prospects, assess their needs, and build a meaningful dialogue that will allow you to present your solution to their problem. Using LinkedIn as a social CRM platform, you can quickly gather intelligence, uncovering hidden knowledge about your prospects and their business activities. LinkedIn can turn good salespeople into great salespeople.

In this 90-minute webinar, Durbin will show you how to:

– Use social CRM to track decision-makers and executives through their social connections;
– Use LinkedIn profiles to find direct phone numbers and contact information;
– Connect with prospects, including how to use simple messages that generate responses from connections;
– Identify revenue opportunities from former employees and competitors;
– Develop “before and after” strategies for the sales presentation; and
– Optimize search and profile techniques to boost your personal profile.

“LinkedIn now has 200 million members in 200 countries making it the biggest directory of professional contacts around. And all these contacts are self-selecting, offering up any number of details about themselves and their business for those who know how to mine for it,” said Katherine Simmons, CEO of NETSHARE and host of the Experts Connection webinar series. “When used properly, LinkedIn can be any sales professional’s most powerful tool, and Jim will give you a detailed approach to show you now to use LinkedIn to build your client database.”

The Experts Connection webinar series allows business professionals to connect with experts in a wide range of areas, gathering information about business-critical topics presented with an eye toward the practical, not just the theoretical. Experts Connections recruits the most knowledgeable specialists to address problems facing small companies, multi-national corporations, B2B, B2C; businesses of any size serving any market. The cost of the seminar is $100, and access is provided via web and telephone. A web archive also is available for registrants. For more information, visit the Experts Connection online at http://www.experts-connection.com/business.aspx.

About James Durbin:
Jim Durbin is vice president of social media for Brandstorming Interactive, a B2B marketing firm. As well as being a blogger and business owner, Jim shares his expertise as a frequent speaker on topics such as CRM, online marketing, and harnessing the social enterprise. Before he started one of the first social media companies in 2006, Jim was a top performer as a sales executive for a national staffing firm. He is a graduate of Washington and Lee University and lives in Dallas.

About NETSHARE
NETSHARE (http://www.netshare.com) is a confidential, membership based organization dedicated to providing executives across all disciplines and industries with quality $100K plus job lists. NETSHARE also offers networking opportunities and a community of peers for the exchange of strategic information related to job search, professional development and best practices. NETSHARE has been recognized by Fortune and Forbes magazines as the best online destination for executive positions.

Contact:
Annette DiSano
NETSHARE, Inc.
(415) 883-1700
annette@netshare.com

Business

“How I Created $100,000 in Revenue in One Year with Social Media” Released as an Ebook

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Randy Walker, the tennis publicist and social media marketer, announced the publication of his a new instructional ebook “How I Created $100,000 In Revenue In One Year With Social Media.”

New York, NY, February 14, 2013 – (Straight Line PR) – Randy Walker, the tennis publicist and social media marketer, announced the publication of his a new instructional ebook “How I Created $100,000 In Revenue In One Year With Social Media.”

The ebook, available for purchase for an introductory price of $8.99 here: http://www.amazon.com/Created-Revenue-Using-Social-ebook/dp/B00B3WGKPS/ref=sr_1_1?s=books&ie=UTF8&qid=1360600743&sr=1-1&keywords=Randy+Walker+Social+Media, lays out some of the strategies and social media methods that Walker has used to gain in sales, new client and networking success via social media, primarily with Facebook and Twitter.

“I found that I really enjoyed and became very animated in tell people me secrets to my business success with Facebook and Twitter with friends and colleagues so I decided I write it down and make it available as an ebook,” said Walker. ”I can assure you will see an increase in sales and business activity and new clients with at least one tip or method that you will pick up from this book.”

Walker will discuss his methods on how he uses a Facebook profile and a fan page to promote products, businesses and websites – discussing types of content, the time of day and frequency of when to post, as well as the nuances of Twitter for business, including how to gain followers, to get retweeted and what kind of promotional content you should post.

To order the book, click here: http://www.amazon.com/Created-Revenue-Using-Social-ebook/dp/B00B3WGKPS/ref=sr_1_1?ie=UTF8&qid=1359055427&sr=8-1&keywords=Randy+Walker+social+media

Walker, a resident of New York, was a 12-year veteran of the U.S. Tennis Association (USTA) and is a graduate of New Canaan High School in New Canaan, Conn., and the University of Georgia. In attention to numerous entrepreneurial pursuits, he also conducts coaching sessions in social media and runs social media programs for companies. He can be reached at RandolphSWalker@gmail.com or you can contact him via his book’s Facebook page here: https://www.facebook.com/HowICreated100000InRevenueInOneYearWithSocialMedia?fref=ts

PR Distributed by Straight Line PR (http://www.Straightlinepr.com)

Contact:
Randolph Walker
New Chapter Media
1175 York Ave
Suite #3s
New York, NY 10065
917-770-0843
randolphswalker@gmail.com

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URALCHEM HOLDING P.L.C. Reports Unaudited IFRS Financial Results for the First Half of 2012

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Moscow, Russia – August 03, 2012 — (For Immediate Release)

– Revenue increased to US $1,261 million, compared to US $1,035 million in H1 2011
– Operating profit increased to US $410 million, compared with US $288 million in H1 2011
– Adjusted EBITDA grew to US $462 million, compared to US $337 million in H1 2011
– Net profit amounted to US $444 million, compared with US $266 million in H1 2011

URALCHEM HOLDING P.L.C. (hereinafter URALCHEM Holding or the Company), a Cypriot holding company of the URALCHEM Group (hereinafter the Group), one of the largest producers of nitrogen and phosphate fertilisers in Russia, announced its unaudited IFRS financial results for the six months ended 30 June 2012.

Dmitry Konyaev, CEO of URALCHEM, OJSC (part of the Group), commented on the results for the first half of 2012, “We achieved good financial results in the first half of this year compared to the same period in 2011. EBITDA increased by more than one-third, sales grew by 18% and reached 3 million tons. The good performance was driven by situation on the urea and ammonium nitrate markets, which was favourable for us, as well as acquisition of Minudobrenia OJSC and our own efforts aimed at improving the efficiency of enterprises, the modernization of production and our responsiveness to changing market needs.”

Financial Results

Revenue for the first half of 2012 grew to US $1,261 million, compared to US $1,035 million in the first half of 2011. Operating profit amounted to US $410 million, or 33% of the revenue, compared with the operating profit of US $288 million, or 28% of the revenue in the first half of 2011.

Net profit for the first half of 2012 amounted to US $444 million, compared to US $266 million in the first half of 2011.

During the first half of 2012, adjusted EBITDA reached US $462 million, compared to US $337 during the same period last year, a rise of 37%. Adjusted EBITDA margin for the first half of 2012 comprised 37% of revenue compared with 33% of revenue for the first half of 2011.

Markets

During the second quarter of 2012 prices of mineral fertilisers and semi-products showed significantly different dynamics. Ammonia prices began to recover due to high demand and limited supply. During the second quarter the price grew by $150/t and by the end of June it reached $600/t FOB at the Yuzhny port.

Prices for urea increased until mid-May and surpassed the peak figures of 2011. Since mid-May there was a significant decline in prices due to low activity of buyers. In late June – early July, the urea market began to show signs of recovery.

Prices for ammonium nitrate repeated the dynamics of the urea market and grew rapidly until mid-May. However, the second half of the quarter was characterized by falling prices for the product, which was also due to low purchasing activity.

The global market of phosphate fertilisers was in the process of recovery during the second quarter of 2012. Due to strong demand in Latin America, spot prices recovered, despite the launch of Chinese products on the market. Market participants are forecasting a stable outlook for the third quarter of the year.

Sales

In the first six months of 2012 the Group’s product sales grew by 18% compared to the same period in 2011 and totalled 3 million tons. Due to the acquisition of OJSC Minudobrenia, Perm, sales of urea and ammonia increased significantly, by 117% and 61% respectively.

Financial Situation

Cash generated from operating activities in the first half of 2012 amounted to US $342 million compared with US $194 million in the first half of 2011.

On 30 June 2012, the Company’s net debt amounted to US $991 million. Interest expenses in the first half of 2012 decreased by US $23 million or 36% compared to the same period last year.

For more information, please visit the Company web site http://www.uralchem.com or use the following contact information:

PR department
URALCHEM, OJSC
Tel: +7 (495) 721 89 89
E-Mail: pr@uralchem.com

URALCHEM HOLDING P.L.C. is a holding company of the URALCHEM Group, which includes four fertilizer manufacturing facilities in Russia. URALCHEM Group is one of the largest producers of nitrogen and phosphate fertilisers in Russia and the CIS with production capacities of over 2.5 million tons of ammonium nitrate, 2.8 million tons of ammonia, 0.8 million tons of MAP and DAP, 0.8 million tons of complex fertilisers and 1.2 million tons of urea per year. URALCHEM Group is the second largest ammonium nitrate producer in the world and number one in Russia, the second largest producer of nitrogen fertilisers in Russia. URALCHEM Group’s key production assets include Azot Branch of URALCHEM, OJSC in Berezniki, Perm Region; OJSC Minudobrenia, Perm; MFP Kirovo-Chepetsk Chemical Works, OJSC, Kirovo-Chepetsk, Kirov region; Voskresensk Mineral Fertilisers, OJSC in Voskresensk, Moscow region.