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General

Telenet revenues unchanged, profit declines in Q4 still hit by pandemic

Thursday 11 February 2021 | 10:59 CET | News
Belgian operator Telenet achieved sales of EUR 665.1 million in the fourth quarter and added 10,600 new broadband customers, its best net growth since Q4 2015. The net profit declined 56 percent year-on-year to EUR 40.4 million due to the effects of the covid-19 pandemic. In May, Telenet will pay a dividend of EUR 1.375 per share, in addition to the equally large interim dividend paid in December 2020. The total gross dividend of EUR 2.75 (EUR 300.1 million) is 47 percent higher than in 2019.

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Categories: General
Companies: Telenet
Countries: Belgium
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