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General

Telenet lifts FY revenue guidance on better-than-expected performance so far this year

Thursday 31 October 2019 | 11:37 CET | News
Telenet lifted its guidance for the full year, explaining that despite headwinds this year and lower adjusted revenue for the third quarter, revenue over the first nine-months held up well. As a result, revenue declines for the full year should slow to 2 percent from the earlier expected 2.5 percent. The adjusted EBITDA is still seen down 1-2 percent, the operating free cash flow up 16-18 percent and the adjusted free cash flow at EUR 380-400 million. Regarding its dividend, the company will propose one of EUR 0.57 per share at its special shareholder's meeting on 4 December, in line with the

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Categories: General
Companies: Medialaan / Telenet
Countries: Belgium
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