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General

Altice improves cash flow 34% in Q3

Wednesday 28 October 2015 | 09:41 CET | News
Altice recorded a 2.9 percent fall in third-quarter revenues to EUR 3.844 billion. Its French operations saw a drop of 3.7 percent to EUR 2.768 billion, while the international operations posted revenue down 0.6 percent to EUR 1.077 billion. EBITDA was still up 13 percent to EUR 1.532 billion, thanks to merger synergies in France, and the EBITDA margin expanded by 5.6 points to 39.8 percent. Operating cash flow also increased 34 percent, to EUR 923 million. On its expansion to the US, Altice said it expects to close the takeover of Suddenlink by year-end and Cablevision in H1 2016. It also

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Categories: General
Companies: Altice Europe / Cablevision / PT Portugal / Suddenlink
Countries: World
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