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Tele Columbus cuts FY EBITDA forecast again, aims for stable revenues

Wednesday 29 August 2018 | 14:56 CET | News
German operator Tele Columbus cut its profit outlook for 2018 based on results for the first half of 2018, lowering its annual EBITDA expectations to at least EUR 235 million from an earlier range of EUR 280-290 million. The company said it expects revenues for 2018 will be on par with last year's revenues of EUR 496.9 million, after earlier forecasting low to mid single-digit growth. Capex for 2018 will amount to a maximum of EUR 150 million. The number of households served by Tele Columbus should remain at a "stable basis", it said. 

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Categories: Fixed
Companies: Pepcom / Tele Columbus
Countries: Germany
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