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Liberty Global forecasts stronger cash flow growth in 2017

Thursday 16 February 2017 | 09:28 CET | News
Liberty Global reported revenue in Europe down 2 percent year-on-year in the fourth quarter to USD 4.22 billion, hurt by the weaker British pound as well as lower sales in the Netherlands. Excluding the Netherlands, revenue rose 3 percent on an organic basis, with a 6 percent increase in eastern Europe and 3 percent growth in western Europe. Operating cash flow fell 1.5 percent to USD 2.04 billion, but increased 7.5 percent on an organic basis and excluding the Netherlands. Net profit improved to USD 2.2 billion from USD 2.0 billion a year ago, helped by a USD 1.1 billion tax benefit on the

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Categories: Fixed
Companies: Liberty Global / Vodafone
Countries: Europe
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