Table of Contents:
Verizon: A Year of Growth and Challenges
In 2024, Verizon, one of the leading telecommunications operators in the United States, closed the year with financial results that show significant growth. Earnings per share increased from $2.75 in 2023 to $4.14 in 2024, an increase that reflects the company’s strength in the sector. Total operating revenues reached 134.8 billion dollars, an increase of 0.6% compared
to the previous year.
Cash flow and capital expenditures
Despite the increase in revenues, Verizon’s cash flow showed a slight decrease, falling to 36.9 billion dollars compared to 37.5 billion in 2023. The company attributed this decline to an increase in cash taxes and higher interest expenses. Capital expenditures for the year amounted to 17.1 billion dollars, a significant investment to support future growth
.
Verizon’s future prospects
Looking ahead, Verizon expects 2025 adjusted profit to grow in a range of 0 to 3%. This forecast indicates some caution, but also a confidence in the company’s ability to adapt to market challenges. In the fourth quarter of 2024, Verizon reported earnings per share of $1.18, further strengthening its position in the telecommunications sector
.
LG: record sales and sustained growth
The South Korean group LG recorded record revenues of 87.73 trillion won in 2024 and an operating profit of 3.42 trillion won. This growth was mainly driven by the appliance and vehicle components divisions, with a significant increase in sales also in the Home Entertainment and Business Solutions divisions. LG’s ability to innovate and respond to market needs has played a crucial role in this success
.
Global economic situation and impacts on markets
In a changing global economic environment, news from Asia has influenced markets. The positive closing of the Chinese stock exchanges, thanks to the announcement by US President Donald Trump of a more conciliatory approach to Beijing, has led to significant increases in the Shanghai, Shenzhen and Hong Kong indices. However, the Tokyo Stock Exchange closed lower, influenced by the weakness of the manufacturing PMI index and the increase in interest rates by the Bank of
Japan.
Conclusions on business performance
In summary, both Verizon and LG demonstrated remarkable resilience in 2024, facing challenges and seizing opportunities for growth. As Verizon braces for an uncertain future with moderate growth forecasts, LG continues to thrive thanks to a strategy of innovation and diversification. The performance of these companies offers an interesting overview of current economic dynamics and future prospects in the global landscape
.
