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General

Altice accelerates revenue growth in Q4, EBITDA up 16%

Wednesday 8 March 2017 | 18:17 CET | News
Altice Group reported an acceleration in pro forma revenue growth in the fourth quarter to 2.7 percent on an annual basis, thanks to a return to growth in France and Portugal and continued growth in the US. Total revenues reached EUR 6.087 billion and were up 2.2 percent on a constant currency basis and after adjusting for acquisitions. Group adjusted EBITDA increased 15.7 percent to EUR 2.286 billion, led by cost savings in France and the US. Altice grew operating free cash flow 20.4 percent year-on-year to EUR 968 million, led by improved cash flow in the US and offset by increased

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Categories: General
Companies: Altice Europe / Optimum / PT Portugal / SFR / Suddenlink
Countries: France / United States
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