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General

Altice grows Q1 EBITDA 20% on French synergies

Tuesday 12 May 2015 | 09:04 CET | News
Altice reported first-quarter revenues down 3.3 percent year-on-year to EUR 3.263 billion, pro forma for its takeovers in France and the Dominican Republic. Revenue in its main market France fell 4.7 percent to EUR 2.737 billion, and revenue elsewhere was up 4.9 percent to EUR 527 million. EBITDA increased 20 percent to EUR 1.177 billion, as the company reaped the synergies of merging Numericable and SFR in France. It also benefited from expansion in the Dominican Republic and mobile growth in Israel. The EBITDA margin expanded by 6.9 percent points to 36.1 percent. Operating free cash flow

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Categories: General
Companies: Altice Europe / Numericable / PT Portugal / SFR
Countries: France / World
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