Moody's: Profit from Liberty Global's European businesses to improve in 2017; its 2015-18 profit growth target still ambitious
London, 09 January 2017-- While Liberty Global plc's European businesses will see their earnings improve in 2017, the international cable communications company's aim for a 2015-18 operating cash flow like-for-like growth of 7-9% remains ambitious, says Moody's Investors Service in a report published today. After achieving an OCF growth of 3.3% in Europe in the first nine months of 2016, a meaningful acceleration in growth trends is necessary from Q4 2016 onwards.
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