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General

Zegona revenues up 2.7% in 2015 as Telecable grows in Q4

Tuesday 8 March 2016 | 10:35 CET | News
Zegona, an investment vehicle set up by former Virgin Media finance director Eamonn O'Hare, which last year acquired Spanish broadband operator Telecable for EUR 640 million, reported full-year revenues up 2.7 percent year-on-year to EUR 134.4 million in 2015. The company's EBITDA increased by 3.3 percent to EUR 65.0 million, driven by Telecable's 5.0 percent revenue growth in the fourth quarter of the year, its highest in five years. Zegona said it was looking to build on Telecable's Q4 performance, targeting mid-single digit revenue growth in 2016. The company also confirmed a dividend of

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Categories: General
Companies: Telecable / Telia / Yoigo / Zegona
Countries: Spain
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