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General

Telenet keeps FY guidance as Q1 revenues go 1% higher

Thursday 26 April 2018 | 10:36 CET | News
Telenet reported revenues for the first quarter of EUR 618 million. Growth was of 1 percent, but there was a small organic decrease as a result of competition and regulation.The adjusted EBITDA lifted 6 percent to EUR 308 million, pulled up mainly by lower MVNO costs as customers migrated to the network faster-than-expected. The net profit just about halved to EUR 29.7 million, from 65.8 million the year earlier.

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Categories: General
Companies: Telenet
Countries: Belgium
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