Numericable-SFR had delivered an impressive set of Q1 results. Q2 is… even better! Q2 revenues are down by only 2.4% yoy. The trend is a clear improvement on the revenue performance in Q1 which had worried investors a little bit with a 4.6% yoy decline. Note Q2 revenues are indeed up by 1.3% compared to Q1. As for EBITDA, the strong growth trajectory seen in Q1 is confirmed in Q2 with an EBITDA at €1.06bn, up 19% thanks to the continued good progress of the synergies implementatio

29 Jul 2015
An impressive Q2, but clearly needs to be watched

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An impressive Q2, but clearly needs to be watched
- Published:
29 Jul 2015 -
Author:
Jean-Michel Salvador -
Pages:
3 -
Numericable-SFR had delivered an impressive set of Q1 results. Q2 is… even better! Q2 revenues are down by only 2.4% yoy. The trend is a clear improvement on the revenue performance in Q1 which had worried investors a little bit with a 4.6% yoy decline. Note Q2 revenues are indeed up by 1.3% compared to Q1. As for EBITDA, the strong growth trajectory seen in Q1 is confirmed in Q2 with an EBITDA at €1.06bn, up 19% thanks to the continued good progress of the synergies implementatio