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Numericable boosts capex on stable revenue in 2013
2014-03-12 11:27:00| Telecompaper Headlines
(Telecompaper) French cable operator Numericable reported revenue for 2013 up 0.9 percent to EUR 1.31 billion. Adjusted EBITDA was down 0.5 percent to EUR 616 million, EBIT fell 17.6 percent to EUR 256 million, and net profit declined 17.6 percent to EUR 256 million in 2013. Capex rose by 12 percent to EUR 320 million, allowing the company to pass another 400,000 homes with fibre, taking the total to almost 5.2 million households. The financial performance was in line with the company's guidance. Numericable said it's preparing to accelerate its fibre roll-out this year, with a target of upgrading 700,000 to 800,000 households to fibre by 31 December.
Tags: stable
revenue
boosts
capex
Category:Telecommunications