Com Hem lifts Q3 fixed telephony user base, turns net profit

Tuesday 4 November 2014 | 12:16 CET | News
Com Hem turned a net profit of SEK 7 million in the third quarter of 2014, up from a net loss of SEK 82 million in the same period of 2013. It continued to increase its subscriber base, even achieving a rise in the number of fixed telephony users, for the first quarter since 2011, and cutting churn. Com Hem reported revenue of SEK 1.210 billion, up 9.6 percent from SEK 1.104 billion from a year earlier. Underlying EBITDA rose 1.1 percent from a year earlier to SEK 576 million. EBIT declined by 1.5 percent to SEK 200 million from SEK 203 million last time.

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Categories: Fixed
Companies: Com Hem / Redeem / TiVo
Countries: Sweden
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