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Broadband

Ziggo revenues lift to EUR 386.5 mln in Q2

Friday 20 July 2012 | 09:20 CET | News
Dutch cable operator Ziggo reported second quarter results showing revenues up 6.3 percent year-on-year to EUR 386.5 million, and the EBITDA 5.9 percent to EUR 219.2 million while the net profit surged to EUR 64.4 million from 7.4 million the year earlier. The operator reduced its net debt to EUR 3.03 billion from 3.23 billion at the of the year. Ziggo expects to grow revenues and EBITDA in H2, based on its strong performance in 2011 and the first half of this year. Capex for 2012 should remain in line with the company's existing guidance of around EUR 280 million. The company also confirmed

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Categories: Fixed
Companies: Ziggo
Countries: Netherlands
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