Altice Europe

Und nachdem der Chef die Sache selbst in die Hand nimmt wird’s morgen wieder steil steigen ......

ALTICE - SECOND QUARTER 2015 RESULTS Strong overall group financial performance with EBITDA up 13% and Operating Free Cash Flow up 24%. Very good momentum in France with significantly improving revenue trend and synergy execution ahead of plan. Implementation of restructuring on track in Portugal. July 29, 2015: Altice SA (Euronext: ATC NA), today announces financial and operating results for the quarter ended June 30, 2015. Strong pro forma1 EBITDA and Cash Flow growth EUR3,906m Revenue, down 2.0% YoY (down 3.2% on CC2 basis) EUR1,131m International Revenue, down 0.6% EUR2,775m France Revenue, down 2.5% EBITDA of EUR1,549m, up 13% YoY (up 11% on CC basis) EUR491m International EBITDA, up 3.6% EUR1,063m France EBITDA, up 18% EBITDA margin expanded by 5.4% pts to 39.7% International margin expanded by 1.7% pts to 43.4% France margin expanded by 6.8% pts to 38.3% Operating Free Cash Flow3 of EUR911m, up 24% YoY (up 21% on CC basis) Key Strategic Update France: Closed transaction to acquire 20% stake in Numericable-SFR from Vivendi on May 6th. 10% stake acquired by Numericable-SFR 10% stake acquired by Altice France through vendor note due in April 2016 US: Signing of definitive agreement with existing shareholders to acquire a 70% stake in Suddenlink on May 20th. Transaction expected to close in Q4 2015 Portugal: Closing of acquisition of Portugal Telecom on June 2nd. Altice NV: EGM will take place on August 6th 2015 in order to create a new corporate entity which will enable the adoption of a dual class share capital structure. Altice Media : Acquisition of stake in NextRadioTV Bleibe Long der Kurs Anfang der Woche gestiegen leider ist der Kurs Ende der Woche wider gesunken.