Report

VodafoneZiggo : No marked improvement yet

EBITDA should return to modest growth from 2H18 onwards, helped by synergies from the integration of Ziggo-VOD NL and a more favourable comparison basis (EU roaming regulation, price increase in July 2018). Therefore the flat EBITDA guidance (based on old GAAP) for 2018 should be met in our view. Though, competition for mobile services will remain intense and it could get tougher for fixed services in the mid-term, based on a new regulation. Integration expenses and material shar...
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Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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