{
    "title": "FULL YEAR 2008 RESULTS",
    "modified_at": "2009-02-20 18:40:00",
    "published_at": "2009-02-20 18:40:00",
    "url": "https://press.telenet.be/full-year-2008-results",
    "short_url": "http://prez.ly/l0y",
    "culture": "en",
    "language": "EN",
    "slug": "full-year-2008-results",
    "body": "<div align=\"justify\" class=\"hugin\"><b class=\"hugin\"></b>Telenet Group Holding NV (\"Telenet\" or the \"Company\") (Euronext Brussels: TNET) announces its consolidated results under International Financial Reporting Standards as adopted by the European Union (\"EU GAAP\") for the full year ended December 31, 2008. </div> <div align=\"justify\" class=\"hugin\"><b class=\"hugin\"> </b></div> <div align=\"justify\" class=\"hugin\"><b class=\"hugin\">HIGHLIGHTS</b></div> <div align=\"justify\" class=\"hugin\">- Continued solid growth across residential products: aggregate organic net additional subscribers to digital TV, broadband and fixed telephony of 401,000 in 2008</div> <div align=\"justify\" class=\"hugin\">- Strong demand for Telenet Digital TV across all Flanders: organic net additional subscribers in 2008 of 218,000, including 90,000 for Q4 2008;</div> <div align=\"justify\" class=\"hugin\">- Revenue of \u00801,018.8 million, up 9% versus prior year;</div> <div align=\"justify\" class=\"hugin\">- EBITDA(2) of \u0080505.6 million, up 14% versus prior year, yielding an EBITDA margin of 49.6%; </div> <div align=\"justify\" class=\"hugin\">- Operating profit of \u0080238.7 million, up 16%;</div> <div align=\"justify\" class=\"hugin\">- Capital expenditures(3) of \u0080245.9 million, including \u008060.7 million rental set top boxes following strong success of digital TV;</div> <div align=\"justify\" class=\"hugin\">- Free Cash Flow(4) of \u0080123.7 million, equivalent to 12% of revenue;</div> <div align=\"justify\" class=\"hugin\">- Proposed shareholder disbursement of \u00800.50 per share;</div>- Outlook for 2009 projects revenue and EBITDA growth rates in excess of 12",
    "mainvisual": {
        "thumbnail": "https://cdn.uc.assets.prezly.com/3919ce5d-2046-46c1-8edd-cb2f93556fd6/-/scale_crop/250x250/center/-/format/auto/",
        "large": "https://cdn.uc.assets.prezly.com/3919ce5d-2046-46c1-8edd-cb2f93556fd6/-/preview/500x500/-/format/auto/",
        "original": "https://cdn.uc.assets.prezly.com/3919ce5d-2046-46c1-8edd-cb2f93556fd6/"
    },
    "attachments": [
        {
            "description": "Press release Telenet Full Year 2008 Results",
            "extension": "pdf",
            "url": "https://cdn.uc.assets.prezly.com/e232d191-e9e3-47a0-a9d9-b2a2d91c43a5/-/inline/no/292327.pdf"
        }
    ],
    "tags": [
        "English",
        "Investor Relations",
        "1",
        "ImportH"
    ],
    "author": {
        "first_name": "Isabelle",
        "last_name": "Geeraerts"
    },
    "format_version": 1
}