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General

Altice France posts 15.6% drop in EBITDA in Q4, expects return to growth in 2019

Friday 29 March 2019 | 10:52 CET | News
Altice expects a return to revenue and EBITDA growth in 2019 for its French operations, as SFR continued to add customers in both the consumer fixed and mobile markets during the fourth quarter. The company is guiding for revenue growth between 3 and 5 percent for the current year, after a fall of 4.3 percent in 2018, and adjusted EBITDA of EUR 4.0-4.1 billion, up from EUR 3.8 billion last year. The operating free cash flow for 2018 (EUR 1.52 billion) was in line with management expectations.

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Categories: General
Companies: Altice France / SFR
Countries: France
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