Ziggo's period of high growth comes to an end

Monday 28 January 2013 | 14:05 CET | Author: Tim Poulus | Background
Dutch cable operator Ziggo reported revenue growth of 1.4 percent for the fourth quarter. EBITDA rose 2.7 percent, operating profit was up 12 percent, and the net profit improved 32 percent. Net debt was reduced further, and the ratio net debt-to-EBITDA also improved, to 3.3. The dividend will be increased, as will capex. At the same time, Ziggo is feeling the impact from increased competition.

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Categories: Fixed
Companies: Ziggo
Countries: Netherlands
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