0
General

Euskaltel sales down 2% to EUR 279 mln in H1, improves margin

Friday 28 July 2017 | 11:42 CET | News
Spanish regional operator Euskaltel reported revenues of EUR 279.3 million in the first six months of 2017, down 2.3 percent year on year, due above all to the loss of a Basque government contract. Net profit fell 30.1 percent to EUR 21.2 million as a result, with the group's adjusted EBTIDA dipping 1.0 percent to EUR 137.9 million. However, Euskaltel said efficient cost management helped improve its EBITDA margin from 48.7 percent in H1 2016 to 49.4 percent.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Euskaltel / R / Telecable
Countries: Spain
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Euskaltel FY revenues up 9% to EUR 622 mln, net profit down 20%

Published 28 Feb 2018 16:41 CET | Spain
Spanish regional operator Euskaltel reported full-year revenues of EUR 622 million in 2017, up 8.6 percent year on year, driven ...

Euskaltel to use Orange FTTH network in northern Spain

Published 16 Nov 2017 15:05 CET | Spain
Euskaltel has announced a deal to use Orange's symmetric FTTH network to reach new territories in northern Spain. The cable ...

Euskaltel refinances EUR 835 mln in 7-year loans

Published 13 Nov 2017 09:49 CET | Spain
Spanish regional operator Euskaltel has announced the successful refinancing of EUR 835 million in loans due in 2024. The company ...

Euskaltel to install Docsis 3.1 in Galicia, Asturias

Published 31 Oct 2017 10:25 CET | Spain
Spanish regional operator Euskaltel is set to upgrade the networks of its Asturian and Galician units to Docsis 3.1 technology ...

Euskaltel sales up 14% to EUR 165 mln in Q3 following Telecable buy

Published 27 Oct 2017 13:57 CET | Spain
Spanish regional operator Euskaltel reported revenues of EUR 164.7 million in the third quarter of 2017, up 14.0 percent on the ...

Euskaltel unveils exclusive student fibre offers

Published 01 Sep 2017 13:49 CET | Spain
Basque cable operator Euskaltel has followed Vodafone Spain and Lowi by launching two fibre-optic offers aimed at university ...

Euskaltel completes EUR 686 mln Telecable buy

Published 27 Jul 2017 13:45 CET | Spain
Basque cable operator Euskaltel has announced the completion of its acquisition of regional broadband operator Telecable Asturias ...

Euskaltel profit down 10% to EUR 13 mln in Q1

Published 28 Apr 2017 14:40 CET | Spain
Spanish regional operator Euskaltel reported first quarter revenues of EUR 139.5 million, down 1.6 percent year on year, due to ...

Euskaltel net profit up 68% to EUR 281 mln following R buy

Published 26 Feb 2017 11:50 CET | Spain
Spanish regional operator Euskaltel reported revenues of EUR 572.9 million in 2016, compared to EUR 327.8 million the previous ...

Euskaltel to pay out EUR 23 mln in dividends in February

Published 27 Oct 2016 09:43 CET | Spain
Spanish regional operator Euskaltel has announced that it will pay out EUR 22.7 million in dividends in February 2017, its first ...

Euskaltel sales up 77% to EUR 286 mln in H1

Published 28 Jul 2016 10:02 CET | Spain
Spanish regional operator Euskaltel reported revenues of EUR 286.0 million in the first six months of 2016, up 76.9 percent year ...

Euskaltel revenues up 79% to EUR 142 mln following R buy

Published 28 Apr 2016 15:05 CET | Spain
Spanish regional operator Euskaltel reported first-quarter revenues of EUR 142.3 million, up 78.7 percent year on year, in its ...

Euskaltel closes EUR 1.19 bln buy of Galician operator R

Published 30 Nov 2015 10:46 CET | Spain
Spanish regional cable operator Euskaltel, operating in the Basque Country, has finalised the acquisition of Galician cable ...

Euskaltel reports EUR 3 mln Q3 loss on R buy and IPO costs

Published 29 Oct 2015 16:57 CET | Spain
Spanish regional cable operator Euskaltel, operating in the Basque Country, reported a EUR 3.3 million loss in the third quarter ...





Calendar   /   Industry Events

27 Nov Axiata Q3 2020
30 Nov Zoom Video Communications Q3 2020
30 Nov NexTV Series MENA
01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec NGON & DCI World
01 Dec 5G Italy
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec GCX fiscal Q2
03 Dec Marvell Technology fiscal Q3
03 Dec Liberty Latin America AGM
::: More Calendar Items