Report
Jean-Rene Meduri
EUR 203.58 For Business Accounts Only

VodafoneZiggo 4Q17 - Weak mobile results, but EBITDA in line with guidance

VodafoneZiggo, the #2 telecom operator in the Netherlands, reported weak preliminary 4Q17 results. Revenue was down by 3.7% to €1,005m while EBITDA came in 12.2% weaker at €385m, i.e. a margin of 38.3% (-370bps yoy) having been negatively impacted by integration costs. However, FY17 EBITDA was in line with management guidance at
€1,692m.

Underlying
Vodafone Group PLC (ADR)

Provider
Spread Research
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.

 

Analysts
Jean-Rene Meduri

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