Numericable-SFR had delivered an impressive set of H1 results. The Q3 marked a return to normal: the good trend recorded in H1 is of course continuing but quite logically the performance is stabilising… quarter on quarter. Q3 revenues are down by 3.5% yoy but by only 0.3% compared to Q2. The trend is not however a clear improvement on the revenue performance in Q1 which had worried investors slightly with a 4.6% yoy decline. The key point is that the group has managed to stabilise both
28 Oct 2015
Q3 less impressive than Q2 but customer flight is slowing
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Q3 less impressive than Q2 but customer flight is slowing
- Published:
28 Oct 2015 -
Author:
Jean-Michel Salvador -
Pages:
3
Numericable-SFR had delivered an impressive set of H1 results. The Q3 marked a return to normal: the good trend recorded in H1 is of course continuing but quite logically the performance is stabilising… quarter on quarter. Q3 revenues are down by 3.5% yoy but by only 0.3% compared to Q2. The trend is not however a clear improvement on the revenue performance in Q1 which had worried investors slightly with a 4.6% yoy decline. The key point is that the group has managed to stabilise both