Bouygues Telecom moves to positive cash flow in Q2

Thursday 28 August 2014 | 13:07 CET | News
Bouygues Telecom reported revenues for the first half of the year down 5 percent from a year earlier to EUR 2.2 billion. Service revenues fell 8 percent to EUR 1.9 billion, driven by the market shift to lower priced plans. The French operator's EBITDA dropped by EUR 137 million year-on-year to EUR 332 million in the six months. The company posted an operating loss from continuing operations of EUR 41 million. This excludes one-time gains of EUR 429 million from legal settlements and EUR 344 million in restructuring costs. In the second quarter, the company managed a positive operating cash

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Categories: General
Companies: Bouygues Telecom
Countries: France
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