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Broadband

Liberty Global Q1 results up on price hikes, more customers

Tuesday 10 May 2016 | 08:10 CET | News
Cable group Liberty Global reported first-quarter revenues of USD 4.6 billion, up 3 percent on an organic basis, helped by customer growth and price increases. Sales growth was strongest in Chile at 8 percent and Germany and Belgium at 5 percent. The company's adjusted operating cash flow increased 3 percent year-on-year to USD 2.1 billion, and operating profit was up 5 percent to USD 587 million. Liberty Global recorded negative free cash flow of USD 85 million for the quarter but said it still expected cash flow of over USD 2 billion for the full year. Customer growth improved to 156,000

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Categories: Fixed
Companies: Cable & Wireless / Liberty Global / Virgin Media / VodafoneZiggo / Ziggo
Countries: Europe / Latin America
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