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Liberty Global Q1 results up on price hikes, more customers
2016-05-10 08:10:00| Telecompaper Headlines
(Telecompaper) Cable group Liberty Global reported first-quarter revenues of USD 4.6 billion, up 3 percent on an organic basis, helped by customer growth and price increases. Sales growth was strongest in Chile at 8 percent and Germany and Belgium at 5 percent. The company's adjusted operating cash flow increased 3 percent year-on-year to USD 2.1 billion, and operating profit was up 5 percent to USD 587 million. Liberty Global recorded negative free cash flow of USD 85 million for the quarter but said it still expected cash flow of over USD 2 billion for the full year. Customer growth improved to 156,000 revenue-generating units added, more than double last year's amount and better than expected, the company said. In total the company counted 53.6 million RGUs and 25.7 million customers at the end of March, meaning an average 2.1 services delivered to each customer. Nearly half (46%) of customers took a triple-play subscription.
Tags: results
price
global
customers
Liberty to bid for Tata UK steel assets
2016-05-03 01:41:29| BBC News | Business | UK Edition
Liberty House plans to submit a formal bid on Tuesday to buy Tata Steel's UK assets, which include the Port Talbot works employing about 4,000 people.
Tags: bid
steel
assets
liberty
Liberty Global aims to close C&W buy next month
2016-04-22 02:00:00| Total Telecom industry news
U.S. cable group gains shareholder support for takeover, says deal should close on 16 May.
HNI Corp (HNI) Position Increased by Liberty Mutual Group Asset Management Inc.
2016-04-17 13:50:24| Furniture - Topix.net
Liberty Mutual Group Asset Management Inc. boosted its stake in HNI Corp by 51.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission . The firm owned 28,592 shares of the company's stock after buying an additional 9,698 shares during the period.
Tags: inc
group
management
position
Liberty Mutual Group Asset Management Inc. Raises Stake in Terex Co.
2016-04-16 04:35:30| Industrial Machines - Topix.net
Liberty Mutual Group Asset Management Inc. increased its position in Terex Co. by 49.5% during the fourth quarter, according to its most recent disclosure with the SEC.
Tags: group
management
asset
mutual
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