First Half 2020 Results

First Half 2020 Results

 

The enclosed information constitutes regulated information as defined in the Royal Decree of 14 November 2007  regarding the duties of issuers of financial instruments which have been admitted for trading on a regulated market. Inside information

  • Accelerated momentum in Q2 2020 with 9,500 net organic broadband additions, our best performance since Q4 2015, driven by improved sales and reduced churn.
  • Robust financial performance in H1, delivering 230% profit growth due to non-cash variances in the fair value of our derivatives and 2% rebased Adjusted EBITDA growth.
  • Well positioned for the future and to navigate through the COVID-19 impacts: reaffirming both our 2018-2021 and FY 2020 outlook, as revised end-April 2020.
Press Release Earnings Release Q2 2020 ENG_vFINAL.pdf - 336 KB

 

 

Financial
About Telenet Group NV/SA

As a provider of entertainment and telecommunication services in Belgium, Telenet Group is always looking for the perfect experience in the digital world for its customers. Under the brand name Telenet, the company focuses on offering digital television, high-speed Internet and fixed and mobile telephony services to residential customers in Flanders and Brussels.

Under the brand name BASE, it supplies mobile telephony in Belgium. The Telenet Business department serves the business market in Belgium and Luxembourg with connectivity, hosting and security solutions. More than 3,000 employees have one aim in mind: making living and working easier and more pleasant.

Telenet Group is part of Telenet Group Holding NV and is quoted on Euronext Brussel under ticker symbol TNET. For more information, visit www.telenet.be. Liberty Global - one of the world’s leading converged video, broadband and communications companies, innovating and empowering people in six countries across Europe to make the most of the digital revolution – owns a direct stake of 57.9% in Telenet Group Holding SA/NV (excluding any treasury shares held by the latter from time to time).


The BASE newsroom can be found at press.base.be

Telenet Group NV/SA
Liersesteenweg 4
2800 Mechelen