By Dow Jones
Mattel returns to profit as sales climb 12%
Mattel(MAT)swung to a first-quarter profit of $24.8 million, or
7 cents a share, after losing $51 million, or 14 cents a share in
the prior-year period, as sales rose 12% to $880.1 million. Demand
for Disney Princess dolls and World Wrestling Entertainment and Toy
Story-related items helped lift revenue. Analysts polled by FactSet
had expected a 2 cents a share loss on revenue of $861 million.
Autonomy expects in-line EPS, sales
Enterprise search software firm Autonomysaid it expects
first-quarter revenue in line with analyst estimates of
approximately $193 million and adjusted earnings per share of 25
cents. "We are pleased to report results in line with expectations,
during a period in which we continued to see positive momentum,"
said CEO Mike Lynch.
Aggreko lifts capex forecast, says trading in line
Aggrekosaid Friday that trading in the first three months of the
year was in line with expectations, with revenue up 5%, or 8%
excluding the impact of exchange rate fluctuations and pass-through
fuel. The supplier of temporary power equipment said net debt was
reduced by 12 million pounds over the course of the quarter to 163
million pounds ($253 million). It added that, due to strong order
intake in its international power projects business, it now expects
fleet capital expenditure to be around 220 million pounds, or 20
million pounds higher than its previous guidance. However, as the
additional fleet is unlikely to begin earning revenue until well
into the second half of the year, its expectations for trading for
the year remain broadly unchanged.
-MarketWatch; 415-439-6400; AskNewswires@dowjones.com
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