0
General

Forthnet revenues decrease 3.3% to EUR 144 mln in H1

Wednesday 26 September 2018 | 10:06 CET | News
Forthnet saw its total revenues in H1 decrease 3.3 percent EUR 144.4 million. Revenues from Corporate Clients increased by 4.6 percent and those from Advertising rose by 6.1 percent. The company said it managed to increase its EBITDA by 11.4 percent during H1 to EUR 17.9 million through the implementation of its restructuring plan in spite of the continuous pressure on consumers' disposable income and the over-taxation burdening the markets it's operating in. Total bank debt as of 30 June stood at EUR 257.5 million.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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: Forthnet / Nova
Countries: Greece
::: 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

Forthnet revenues slide 4% to EUR 285 mln in 2018

Published 26 Apr 2019 06:39 CET | Greece
Forthnet saw its total revenues for 2018 fall 4 percent to EUR 285.2 million in 2018. Revenue from advertising improved by 14.0 ...

Vodafone-Wind consortium named preferred bidder for Forthnet - report

Published 11 Dec 2018 10:29 CET | Greece
The shareholders of Greek operator Forthnet have invited the Vodafone-Wind consortium to start exclusive negotiations on ...

ANT1 seen as preferred bidder to acquire Forthnet - report

Published 07 Dec 2018 12:54 CET | Greece
The Antenna group is the preferred bidder to acquire Greek operator Forthnet, people familiar with the matter told Kathimerini. ...

Greek telecom market 2017 turnover exceeds EUR 5 bln

Published 06 Dec 2018 10:22 CET | Greece
Greek telecommunication market's 2017 turnover exceeded EUR 5 billion for the third consecutive year, with revenues from ...

Vodafone-Wind make binding offer for Forthnet - report

Published 29 Oct 2018 14:14 CET | Greece
A consortium of Vodafone Greece and Wind Hellas have made a binding offer to acquire the Greek broadband and pay-TV operator ...

Forthnet opens Nova store in Thessaloniki

Published 02 Oct 2018 17:47 CET | Greece
Forthnet's Nova brand inaugurated its new store in Thessaloniki. With the gradual revamping of its stores, which began in Athens ...

Telecomindex wk 39: overname Sky, NL open kabelregulering en Italiaanse 5G-veiling gaan door

Published 01 Oct 2018 07:44 CET | Europe
Met de veiling van Sky eindigde een lang overnamegevecht, de spectrumveiling in Italië ging in overdrive en er kwam potentieel ...

Last week in telecoms: Sky's takeover, Dutch open cable regulation and Italy's 5G auction moving ahead, while Intelsat's YTD gain reaches 800%

Published 01 Oct 2018 07:00 CET | Europe
With the auction of Sky ending a long takeover battle, a spectrum auction in Italy going into overdrive and potentially explosive ...

Forthnet bids delayed until September - report

Published 09 Jul 2018 14:55 CET | Greece
The deadline for binding bids for Greek operator Forthnet is likely to be pushed back to September from end-July. According to a ...

Forthnet seeks new CFO

Published 07 May 2018 15:14 CET | Greece
Forthnet announced the end of its collaboration with CFO George Mantzoros. The company said it's searching a replacement for ...

Forthnet revenues decrease 9% to EUR 297.5 mln in 2017

Published 26 Apr 2018 08:46 CET | Greece
Forthnet reported 2017 total revenues down 8.5 percent to EUR 297.5 million due to the decline in consumer spending and a ...