First Nine Months 2020 Results

  • Robust operational performance in Q3 2020 with 10,000 net new broadband subscriber additions, 21,700 mobile postpaid net additions and 22,400 net new FMC customers.
  • Robust financial performance in 9M 2020, driving a partial upgrade of our FY 2020 guidance as further detailed below, while reaffirming our 2018-2021 outlook.
  • Firmed shareholder remuneration policy with an intended gross total dividend of €2.75 per share, at the upper end of the 50-70% pay-out range, set as a floor going forward.

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.

Mechelen, October 29, 2020 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) announces its unaudited consolidated results under International Financial Reporting Standards as adopted by the European Union (“EU IFRS”) for the nine months ended September 30, 2020.

Press Release Earnings Release Q3 2020 ENG.pdf - 371 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