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General

Telenet lifts revenues 4%, triples net profit in Q2

Thursday 29 July 2021 | 13:39 CET | News
Belgian operator Telenet Group said revenues increased to EUR 642.4 million in the second quarter, up 4 percent from the year before, and putting first half revenues at EUR 1.288 billion. The net profit for the quarter tripled, rising to EUR 99.2 million from 31.7 million. The figure lifted 14 percent to EUR 211.7 million for the half, driven by significantly lower net finance costs and a 3 percent increase in operating profit, which more than offset higher income taxes.

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Categories: General
Companies: Telenet
Countries: Belgium
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