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Sky Deutschland moves to net profit as Q1 sales up 10%

Monday 3 November 2014 | 09:05 CET | News
Sky Deutschland reported revenues for its fiscal first quarter up 10 percent year-on-year to EUR 431 million. Growth was led by an increase in the customer base, while ARPU was stable at around EUR 34 per month. Sky added a net 96,000 subscribers in the quarter, for a total 3.908 million at the end of September. Customer retention efforts helped reduce quarterly churn to 8.6 percent from 12.5 percent a year ago. EBITDA for the three months to September jumped 86 percent to EUR 54 million, and the net result moved to a profit of EUR 12 million versus a loss of EUR 14 million a year ago. Sky

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Categories: Broadcast & Satellite
Companies: BSkyB / Sky Deutschland
Countries: Germany
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