Altice Europe N.V.

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Publicatie datum 15 mrt 2016 - 07:09

Statutaire naam Altice Europe N.V.

Titel Altice NV : Full Year 2015 Pro Forma Consolidated Results

Bericht ALTICE - FULL YEAR 2015 PRO FORMA[1] CONSOLIDATED RESULTS Best Group KPIs in Q4 since Altice IPO with positive operational momentum in each major market Overall Altice Group added 270k postpaid mobile customers and 130k fiber broadband customers France: mobile subscriber growth (+140k B2C postpaid net additions) and stabilized fixed base (-6k) with continued fiber customer net additions (+78k) Portugal: continued convergent 4P/5P (+19k) and postpaid mobile subscriber growth (+49k) Suddenlink: strong customer relationship (+13k) and broadband subscriber growth (+21k) Dominican Republic added 7k fiber customers and a record 42k postpaid mobile net additions while Israel reports lowest cable customer net loss since Altice IPO (-4k) Operational momentum setting basis for revenue trend improvement in 2016 Strong full year financial performance in 2015 with Group adjusted EBITDA up 18% and Operating Free Cash Flow up 33% (16% and 35% ex-Suddenlink, respectively) Achieved 2015 guidance for Numericable-SFR and Altice International[2] Group adjusted EBITDA margin expanded by 5.8 pp YoY to 38.1% in 2015 as efficiency measures progress; all major businesses with best-in-class margins compared to their peer group Accelerated re-investments into fixed and mobile networks, and selective content: France: leading 4G mobile site build out in France in Q4 2015 and 2016 YTD giving leading 2015 coverage progression (from 33% end-2014 to 64%) and expanded fiber broadband coverage by 1.3m fiber homes passed in 2015 to total 7.7m, retaining #1 fiber coverage in France (targeting 22m homes passed by the end of 2022) Portugal: build-out of national fiber network, ramp up in Q4 2015 with plan to cover an additional 3m households and businesses at a rate of 600k p.a. over the next five years Suddenlink: Operation GigaSpeed - well-advanced network upgrade program to deliver next-generation broadband services across the footprint by 2017 Acquisition of differentiated content and sports right

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Datum laatste update: 28 juli 2024