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General

Numericable-SFR grows Q3 EBITDA 15%

Wednesday 28 October 2015 | 09:20 CET | News
French operator Numericable-SFR said it saw results stabilise further in the third quarter, helped by its 'back to school' promotions. Revenues were still down 3.5 percent year-on-year to EUR 2.773 billion. Compared to the second quarter, consumer revenues rose 0.5 percent to EUR 1.92 billion, with flat sales in fixed and a 0.9 percent increase in mobile. Adjusted EBITDA was up 15 percent year-on-year to EUR 1.033 billion, helped by synergies from the merger of SFR and Numericable. The margin rose by 6.1 percent points to 37.3 percent, and the company reiterated its medium-target for a margin

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Categories: General
Companies: Numericable / SFR
Countries: France
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