{
    "title": "Full Year 2009 Results",
    "modified_at": "2010-02-24 18:45:00",
    "published_at": "2010-02-24 18:45:00",
    "url": "https://press.telenet.be/full-year-2009-results",
    "short_url": "http://prez.ly/Uyy",
    "culture": "en",
    "language": "EN",
    "slug": "full-year-2009-results",
    "body": "<p 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 full year ended December 31, 2009.</p> <p class=\"hugin\"><b class=\"hugin\">HIGHLIGHTS</b></p> <ul class=\"hugin\"> <li class=\"hugin\">FY 2009 net additions exceeded 2008 levels: broadband internet (131,000, up 28% yoy), Telenet Digital TV (329,000, up 51% yoy) and fixed telephony (112,000, up 38% yoy);</li> <li class=\"hugin\">New mobile offers and targeted campaigns resulted in sharp rise in new subscribers (+24,000 in Q4 2009);</li> <li class=\"hugin\">Revenue of \u00801,197.4 million, up 18% compared to prior year, yielding organic growth of 9%;</li> <li class=\"hugin\">Adjusted EBITDA<sup class=\"hugin\">(1)</sup> up 20% year-on-year to \u0080607.7 million including a nonrecurring post-employment benefit expense of \u00806.6 million, implying an Adjusted EBITDA margin of 50.7%;</li> <li class=\"hugin\">Accrued capital expenditures<sup class=\"hugin\">(2)</sup> of \u0080317.6 million, including \u0080103.9 million related to set-top box rental;</li> <li class=\"hugin\">Free Cash Flow<sup class=\"hugin\">(3)</sup> growth of 38% to \u0080166.9 million, equivalent to 14% of revenue;</li> <li class=\"hugin\">Strong improvement in net profit compared to prior year, positively impacted by nonrecurring tax credit;</li> <li class=\"hugin\">Outlook FY 2010 foresees around 8% top line growth, Adjusted EBITDA margin of close to 50% and accrued capital expenditures of around 23% of revenue, resulting in strong free cash flow growth;</li> <li class=\"hugin\">Proposed extraordinary shareholder disbursement of \u00802.23 per share.</li> </ul> <p class=\"hugin\">Enclosed you will find the complete press release.</p>",
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    "tags": [
        "French",
        "Investor Relations",
        "1",
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        "ImportH"
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    "author": {
        "first_name": "Isabelle",
        "last_name": "Geeraerts"
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