Altice released yesterday quite a solid set of results with revenues down by only 1.2% yoy and an EBITDA up, even if it was by a small 0.3%. As for 2020, Altice expects to increase revenue and EBITDA. The group still intends to target a leverage of 4x to 4.5x net debt/EBITDA. Having crystallised €8bn of infrastructure value in France in 2019, it will crystallise a further €4.6bn with its Portuguese FTTH assets in 2020.
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Still expects to increase revenue and EBITDA in 2020
- Published:
31 Jul 2020 -
Author:
Jean-Michel Salvador -
Pages:
3
Altice released yesterday quite a solid set of results with revenues down by only 1.2% yoy and an EBITDA up, even if it was by a small 0.3%. As for 2020, Altice expects to increase revenue and EBITDA. The group still intends to target a leverage of 4x to 4.5x net debt/EBITDA. Having crystallised €8bn of infrastructure value in France in 2019, it will crystallise a further €4.6bn with its Portuguese FTTH assets in 2020.