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General

Altice Q3 sales up 20% to EUR 175 mln in Dominican Republic

Wednesday 28 October 2015 | 14:43 CET | News
Altice reported third-quarter revenues of EUR 174.6 million in the Dominican Republic, a year-on-year rise of 20 percent due above all to the strengthening of the Dominican Peso against the Euro. At constant exchange rates, the total revenue increase was 6.7 percent, which the company attributed to the strength of its mobile and cable business. EBITDA came to EUR 87.6 million, up 1.9 percent on a constant currency basis, while the EBITDA margin declined by 2.3 percent to 50.2 percent, mostly due to the high commercial costs incurred in the three months to September, said Altice. The company's

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Categories: General
Companies: Altice Europe
Countries: Dominican Republic
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