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Altice France's EBITDA growth slows to 1.6% in Q1

2020-05-21 10:39:00| Telecompaper Headlines

(Telecompaper) Altice Europe's French operations generated revenues of EUR 2.64 billion in the first quarter, up 3.6 percent year-on-year (+13.3% in Q4). EBITDA rose 1.6 percent to 975 million, marginally below analysts' consensus forecast. The EBITDA growth rate slowed down sequentially from 19.6 percent in the previous quarter. The French subsidiary continued to account for 73 percent of Altice Europe's revenues, broadly stable year-on-year. 

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