TDC : Interim Financial Report January-June 2016
Highlights |
Positive aspects in Q2: · Strong EBITDA growth in Norway (9.7% YoY) delivered by both Get and TDC Norway · Recommend score up by 2 percentage points in Q2 YoY due mainly to customer recognition of Denmark's best mobile network · Brand merger of the two largest Danish consumer brands, TDC and YouSee as of 1 July, including comprehensive IT migration, rebranding of shops and alignment of mobile portfolios · Organic gross profit growth in mobility services in Denmark (0.4% YoY) for the first time in more than five years; in Consumer, ARPU has stabilised and churn rates improved significantly (9k net adds) · Divestment of TDC Sweden to Tele2; closing expected in Q4 2016 · Updated guidance (post sale of TDC Sweden 21 June 2016) reaffirmed: EBITDA of DKK ~8.4bn, EFCF of DKK ~1.7bn and DPS of DKK 1.00 per share Negative aspects in Q2: · EBITDA decline of 11.5% YoY in Denmark: Business down 17.0% YoY driven by continued ARPU pressure, partly affected by several negative one-offs (DKK ~30m) · Limited opex savings (0.5% YoY), caused by strategic ramp-up of e.g. IT employees and high volume of customer inquiries following the brand merger · TV gross profit development in Denmark (-3.0%) negatively affected by customers migrating to smaller TV packages and increased content costs due to TV on-the-go |
TDC A/S
Teglholmsgade 1
0900 Copenhagen C
DK-Denmark
tdc.com
Vedhæftede filer:
TDC_ER_Q2_2016 v10a (Final).pdf
Mest læste lige nu
Seneste nyheder
- 1 af 1188
- næste ›