Silke
27.11.2000, 11:55
....und könnte somit auch das Geschwätz um nachlassende Umsatzprognosen bei den US-Fibre Optics zum stoppen bringen. Ich denke dies wäre garnicht mal so unwahrscheinlich!
Schaun wir mal!
bye
MM
UPDATE 2-Furukawa reaps tech reward with record H1 profit
MONDAY, NOVEMBER 27, 2000 5:21:00 AM EST
(Adds company's capital spending plan and analysts' comments)
By Risa Maeda
TOKYO, Nov 27 (Reuters) - Japan's top optical-fibre cable maker Furukawa Electric Co Ltd said on Monday its group net profit for the past half year hit a record, soaring nearly 10-fold on robust sales of optical and electronics products.
Analysts said the rosy half-year results were Furukawa's reward for a gradual shift into new technology in recent years. Nearly half of its sales now stem from products launched in the past five years.
Furukawa 5801, a darling of foreign investors, raised its full-year sales estimate for optical-fibre products by 18 percent from its previous forecast to 218 billion yen $1. Of that, it expected sales of key systems that move data further and faster to rise 25 percent to 88 billion yen.
The growth forecast for wavelength division multiplexing (WDM) optical-fibre systems comes despite fears of a slowdown in the optical-fibre industry triggered by disappointing sales results from Canada's Nortel Networks Corp NT NT, which is a customer of Furukawa.
Yasuo Sakuma, senior fund manager at Dai-Ichi Kangyo Asset Management, said growth in the global optical-fibre market may have hit a peak this calendar year given an expected fall in capital spending by global telecoms carriers.
"Operating profits among (optical-fibre) parts makers are likely to grow in the next business year, but the growth rate may not match (investors') expectations," he said.
But Furukawa said it would boost capital spending to 72 billion yen for the year to next March, up 129 percent from last year, mainly for its optical-fibre product lines.
Furukawa is racing to catch up with world leaders in the optical-fibre technology market such as Nortel, Lucent Technologies Inc LU, Corning Inc GLW and JDS Uniphase Corp JDU JDSU.
"Furukawa's current strategy of focusing more on products with higher profit margins is likely to offset an expected rise in depreciation costs," said Shima Nakao, an analyst at Tsubasa Research Institute
Schaun wir mal!
bye
MM
UPDATE 2-Furukawa reaps tech reward with record H1 profit
MONDAY, NOVEMBER 27, 2000 5:21:00 AM EST
(Adds company's capital spending plan and analysts' comments)
By Risa Maeda
TOKYO, Nov 27 (Reuters) - Japan's top optical-fibre cable maker Furukawa Electric Co Ltd said on Monday its group net profit for the past half year hit a record, soaring nearly 10-fold on robust sales of optical and electronics products.
Analysts said the rosy half-year results were Furukawa's reward for a gradual shift into new technology in recent years. Nearly half of its sales now stem from products launched in the past five years.
Furukawa 5801, a darling of foreign investors, raised its full-year sales estimate for optical-fibre products by 18 percent from its previous forecast to 218 billion yen $1. Of that, it expected sales of key systems that move data further and faster to rise 25 percent to 88 billion yen.
The growth forecast for wavelength division multiplexing (WDM) optical-fibre systems comes despite fears of a slowdown in the optical-fibre industry triggered by disappointing sales results from Canada's Nortel Networks Corp NT NT, which is a customer of Furukawa.
Yasuo Sakuma, senior fund manager at Dai-Ichi Kangyo Asset Management, said growth in the global optical-fibre market may have hit a peak this calendar year given an expected fall in capital spending by global telecoms carriers.
"Operating profits among (optical-fibre) parts makers are likely to grow in the next business year, but the growth rate may not match (investors') expectations," he said.
But Furukawa said it would boost capital spending to 72 billion yen for the year to next March, up 129 percent from last year, mainly for its optical-fibre product lines.
Furukawa is racing to catch up with world leaders in the optical-fibre technology market such as Nortel, Lucent Technologies Inc LU, Corning Inc GLW and JDS Uniphase Corp JDU JDSU.
"Furukawa's current strategy of focusing more on products with higher profit margins is likely to offset an expected rise in depreciation costs," said Shima Nakao, an analyst at Tsubasa Research Institute