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General

SFR revenue and EBITDA continue to fall in Q2

Tuesday 9 August 2016 | 11:18 CET | News
French mobile and broadband operator SFR reported that subscriber losses and ongoing promotional activity continued to take their toll on revenue and EBITDA in the second quarter. Pro forma revenue fell 4.3 percent year-on-year to EUR 2.78 billion (from a 6.1 percent fall in Q1), while adjusted EBITDA dropped 6.8 per cent to EUR 999 million. All SFR's main business units remained in negative territory. While the revenue decline eased in B2B and Wholesale, it marginally worsened in the B2C operations (-5.2 percent compared to -4.9 percent in Q1), driven by a 7.1 percent fall in B2C mobile

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Categories: General
Companies: SFR
Countries: France
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