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UPC Netherlands Q2 sales up 4% after small takeover

Friday 3 August 2012 | 10:13 CET | News
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UPC Netherlands reported second-quarter sales up 4.0 percent from a year earlier to EUR 237 million. Organic growth, excluding a small acquisition, was 3.9 percent. EBITDA improved 3.3 percent to EUR 139 million, but the margin dropped 0.3 percent points to 58.8 percent. Capex rose by 24 percent from a year earlier to EUR 50 million, while free cash fell by 5.3 percent to EUR 90 million. The number of homes passed rose by 14,300 in the quarter (including 7,900 from the takeover of Regiokabel Huissen) to reach a total 2.82 million at the end of June. The number of customers fell by 16,000

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Categories: Fixed
Companies: Regiokabel / UPC Netherlands
Countries: Netherlands
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