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Numericable-SFR loses more customers, ARPU improves

2015-07-29 09:31:00| Telecompaper Headlines

(Telecompaper) Numericable-SFR reported an improvement in its underlying sales trend in Q2, helped by its focus on quad-play offers. The year-on-year fall in revenues slowed to 2.4 percent, for a total EUR 2.781 billion, compared to a drop of 4.6 percent in the first quarter. In the consumer market, revenues fell 1.5 percent for fixed services and mobile dropped by 2.9 percent. Business revenues declined 3.9 percent. Adjusted EBITDA still improved 19 percent to EUR 1.056 billion, driven by the synergies from merging Numericable and SFR. The adjusted EBITDA margin jumped 7.2 percent points year-on-year to 38.4 percent, putting the company on track for ts medium-term goal of 45 percent. The company also grew operating cash flow 49 percent to EUR 647 million, as capital expenditure fell 10 percent to EUR 409 million. 

Tags: customers improves loses arpu

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