Spread Research - Virgin Media 4Q17 - Strong earnings growth, increased investment in new builds

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Spread Research

Jean-Rene Meduri

EUR 203.58 For Business Accounts Only

Virgin Media 4Q17 - Strong earnings growth, increased investment in new builds

UK cable operator, Virgin Media reported strong 4Q17 preliminary results. On a rebased basis, revenue was up by 4.4% to £1,289m while EBITDA came in 5.2% stronger at £614m, i.e. a 47.6% margin. In residential cable (c.70% of total revenue), performance was once again boosted by project lightning.
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21/02/2018 2 EN

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Spread Research

Spread Research is France's first Rating Agency, registered by ESMA (European Securities and Markets Authority) and a leading European Independent Credit Research firm, founded in 2004 and based in Lyon, France. Our experienced team offer key research services using a wide range of investment strategies and research methodologies for the High Yield, Emerging Markets, Convertibles and Loan Markets.

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Analysts

Jean-Rene Meduri

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Virgin Media 4Q17 - Strong earnings growth, increased investment in new builds

Gamenet 2q18 - sport payout change offsets regulation impact, goldbet to boost profitability

INTRALOT- Special Comment

IQVIA- 2Q18 Comments

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