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General

Altice's Dominican Republic sales down 18% to EUR 133 mln in Q1

Thursday 17 May 2018 | 11:50 CET | News
Altice announced first-quarter revenues of EUR 132.7 million for its Altice Dominicana brand in the Dominican Republic, down 18.9 percent year on year on a reported basis and 2.4 percent on a constant currency basis compared to the EUR 163.7 million posted a year earlier, as continued fixed line growth was offset by a declining prepaid mobile business. Adjusted EBITDA was down 6.2 percent year on year in local currency to EUR 76.1 million, with the EBITDA margin falling by 2.3 percentage points to 57.3 percent, negatively impacted by one-off rebranding costs of around EUR 5 million.

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Categories: General
Companies: Altice Dominicana / Altice Europe
Countries: Dominican Republic
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