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Altice Europe: Q4 EBITDA up 14.8%

(CercleFinance.com) - On Tuesday evening Altice Europe announced tonight an 11.
2% y-o-y increase in its Q4 2019 revenues at constant exchange rates), to 4.04 billion euros.

Likewise, Q4 adjusted EBITDA was up 14.8% on a reported basis and up 14.3% at constant exchange rates, reaching 1.5 billion euros.

In FY 2019, the operator announced a 5.9% increase in revenues (to 14.81 billion euros), for adjusted EBITDA of 5.6 billion euros (up 9.4%).

The group expects acceleration in its revenue in key geographic areas, with growth in both revenue and EBITDA.


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