Ziggo Q3 sales growth slows, up 1.2% to EUR 380.1 mln

Friday 19 October 2012 | 09:12 CET | News
Dutch cable operator Ziggo saw third quarter revenues lift 1.2 percent from the year before to EUR 380.1 million, compared to a growth of 9.7 percent the year before and of 6.3 percent in Q2. Sales from the consumer market fell 0.2 percent to EUR 353 million while from the business market, they advanced 24 percent to EUR 27 million. The adjusted EBITDA went 8.1 percent higher to EUR 227.0 million and the net profit increased to EUR 72.4 million from a net loss of 1.3 million. The EBITDA margin improved by almost 4 points to 59.7 percent. The operator reduced its net debt

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Categories: Broadcast & Satellite / Internet
Companies: Ziggo
Countries: Netherlands
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