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General

Megacable posts 7% rise in Q4 subs, sales flat at MXN 4.5 bln

Thursday 8 February 2018 | 08:57 CET | News
Mexican cable operator Megacable reported revenues of MXN 4.52 billion in the fourth quarter, flat year on year in spite of a 7 percent rise in total subscriptions to 4.5 million. The company's EBITDA over the period totalled MXN 1.87 billion, up 2.4 percent from a year earlier, with a margin of 45.2 percent, up 2.6 percent year on year. Net profit was MXN 1.07 billion, down 14.7 percent from the year-earlier quarter and attributed to the cancellation of deferred taxes in 2016.

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Categories: General
Companies: Megacable
Countries: Mexico
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