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Broadband

Kabel Deutschland FY revenues up 6.3% on broadband expansion

Monday 18 May 2015 | 12:46 CET | News
Kabel Deutschland reported revenues for its fiscal year to March up 6.3 percent to EUR 2.02 billion. Growth was driven by almost half a million new internet customers, as well as a 7.2 percent rise in ARPU to EUR 18.34. Adjusted EBITDA rose 3.3 percent to EUR 939 million, giving an EBITDA margin of 46.5 percent. The net result turned to a profit of EUR 239 million versus a loss of EUR 68 million a year ago. The German cable operator, a subsidiary of Vodafone, invested EUR 571 million, or 28.3 percent of revenues in capital equipment last year, plus another EUR 132 million on its Alpha

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Categories: Fixed
Companies: Kabel Deutschland / Vodafone
Countries: Germany
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