{
    "title": "First Quarter 2009 Results",
    "modified_at": "2009-04-29 19:45:00",
    "published_at": "2009-04-29 19:45:00",
    "url": "https://press.telenet.be/first-quarter-2009-results",
    "short_url": "http://prez.ly/Rzy",
    "culture": "en",
    "language": "EN",
    "slug": "first-quarter-2009-results",
    "body": "<div class=\"hugin\"> <ul class=\"hugin\"> <li class=\"hugin\">Record quarterly subscriber growth in a challenging environment; <li class=\"hugin\">EBITDA up 26% driven by continued strong business performance and Interkabel acquisition; <li class=\"hugin\">Free cash flow of \u008059 million, equivalent to 21% of revenue.</li></ul></div> <div class=\"hugin\"> </div> <div class=\"hugin\"><i class=\"hugin\">The enclosed information constitutes regulated information as defined in the Royal Decree of 14 November 2007 <br class=\"hugin\">regarding the duties of issuers of financial instruments which have been admitted for trading on a regulated market.</i></div> <div class=\"hugin\"> </div> <div class=\"hugin\"><b class=\"hugin\"></b> 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 GAAP\") for the first quarter ended March 31, 2009. </div> <div class=\"hugin\"> </div> <div class=\"hugin\"> </div> <div class=\"hugin\"><b class=\"hugin\">HIGHLIGHTS</b></div> <ul class=\"hugin\"> <li class=\"hugin\">Record quarterly net additions for each of digital TV, broadband and fixed telephony resulting in aggregate organic net additional subscribers of 184,000 in Q1 2009; <li class=\"hugin\">Continued strong demand for Telenet Digital TV across all of Flanders: record organic net additional subscribers in Q1 2009 of 107,000 to total of 716,000; <li class=\"hugin\">Revenue of \u0080286.3 million, up 16% versus prior year; <li class=\"hugin\">EBITDA(2) of \u0080149.2 million, up 26% versus prior year, yielding an EBITDA margin of 52.1%; <li class=\"hugin\">Operating profit of \u008073.2 million, up 28%; <li class=\"hugin\">Capital expenditures(3) of \u008074.2 million, including \u008033.5 million rental set top boxes following strong success of digital TV; <li class=\"hugin\">Free Cash Flow(4) of \u008059.3 million, equivalent to 21% of revenue; <li class=\"hugin\">Repayment of \u008065.0 million of outstanding Revolving Facility during Q1 2009; <li class=\"hugin\">Net Senior Debt to EBITDA leverage down to 3.3x as of March 31, 2009 vs. 3.7x at December 31, 2008.</li></ul> <div class=\"hugin\"> </div>",
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    "tags": [
        "English",
        "Investor Relations",
        "1",
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    "author": {
        "first_name": "Isabelle",
        "last_name": "Geeraerts"
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