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ALTICE - FIRST QUARTER 2014 RESULTS: Strong financial performance driven by margin expansion in International business

ALTICE - FIRST QUARTER 2014 RESULTS Strong financial performance driven by margin expansion in International business May 16, 2014: Altice SA (Euronext: ATC NA), today announces financial and operating results for the quarter ended March 31, 2014. Strong pro forma(1) EBITDA and Cash Flow growth * EUR828m Revenue, down 2.0% (down 1.1% on CC(2) basis) * EUR502m International Revenue, down 3.6% * EUR326m France Revenue, up 0...
New York, (informazione.news - comunicati stampa - telecomunicazioni)

ALTICE - FIRST QUARTER 2014 RESULTS

Strong financial performance driven by margin expansion in International business

May 16, 2014: Altice SA (Euronext: ATC NA), today announces financial and operating results for the quarter ended March 31, 2014.

Strong pro forma EBITDA and Cash Flow growth

 

Major strategic progress

 

 

Key operational progress

 

Dexter Goei, Chief Executive Officer of Altice, said : "We began the year strongly, both operationally and financially. Integration of the companies we acquired last year continues to go well, driving improved margins and strong cash flow growth.

We are delighted to have agreed the purchase of SFR in France and to have closed our acquisitions in the Dominican Republic. We see strong growth opportunities in both these areas and across our portfolio."

Contacts

Investor Relations
Richard Williams:   +44 (0)7946 348939 / richard.williams@altice.net

Media (Havas)
Charles Fleming: +33 (0)614 450522 / charles.fleming@havasww.com


Conference call details

The company will host a conference call and webcast to discuss the results at 4pm CET today.

Webcast: www. media-server.co/m/p/kaufxk3t

Conference call dial in: +44 (0)20 3427 1919 / +1 646 254 3363
Confirmation code: 9909055

 


Copyright GlobeNewswire

Attachment(s)
http://hugin.info/156399/R/1786167/612950.pdf

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Source: %s via Globenewswire



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