{
    "title": "Telenet announces First Half 2008 results",
    "modified_at": "2008-08-05 19:45:00",
    "published_at": "2008-08-05 19:45:00",
    "url": "https://press.telenet.be/telenet-announces-first-half-2008-results",
    "short_url": "http://prez.ly/h1y",
    "culture": "en",
    "language": "EN",
    "slug": "telenet-announces-first-half-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 six months ended June 30, 2008. </div> <div align=\"justify\" class=\"hugin\"><b class=\"hugin\"></b> </div> <div align=\"justify\" class=\"hugin\"><strong class=\"hugin\"></strong> </div> <div align=\"justify\" class=\"hugin\"> <div class=\"hugin\"><strong class=\"hugin\">HIGHLIGHTS</strong></div> <ul class=\"hugin\"> <div align=\"justify\" class=\"hugin\"> <li class=\"hugin\">Continued strong growth in broadband, fixed telephony and digital TV subscriber base, adding a net aggregate 181,000 subscribers during the first half of 2008; <div class=\"hugin\"></div> <div align=\"justify\" class=\"hugin\"></div> <li class=\"hugin\">Revenue of \u0080492.5 million, up 8% versus prior year; <div class=\"hugin\"></div> <div align=\"justify\" class=\"hugin\"></div> <li class=\"hugin\">EBITDA of \u0080242.4 million, up 11%, yielding an EBITDA margin of 49.2%; <div class=\"hugin\"></div> <div align=\"justify\" class=\"hugin\"></div> <li class=\"hugin\">Operating profit of \u0080115.7 million, up 12%; <div class=\"hugin\"></div> <div align=\"justify\" class=\"hugin\"></div> <li class=\"hugin\">Capital expenditures of \u008098.3 million, representing 20% of revenue; <div class=\"hugin\"></div> <div align=\"justify\" class=\"hugin\"></div> <li class=\"hugin\">Free Cash Flow of \u008087.6 million, equivalent to 18% of revenue and flat versus prior year; <div class=\"hugin\"></div> <div align=\"justify\" class=\"hugin\"></div> <li class=\"hugin\">Full year EBITDA growth outlook increased to 8%-10% vs. prior year from 6%-8%; <div class=\"hugin\"></div> <div align=\"justify\" class=\"hugin\"></div> <li class=\"hugin\">Final agreement with Interkabel achieved; financial consolidation of activities expected by October 2008.</li></div></ul></div>",
    "mainvisual": {
        "thumbnail": "https://cdn.uc.assets.prezly.com/46a832b3-e243-41a2-aae5-7eb3755b7a22/-/scale_crop/250x250/center/-/format/auto/",
        "large": "https://cdn.uc.assets.prezly.com/46a832b3-e243-41a2-aae5-7eb3755b7a22/-/preview/500x500/-/format/auto/",
        "original": "https://cdn.uc.assets.prezly.com/46a832b3-e243-41a2-aae5-7eb3755b7a22/"
    },
    "attachments": [
        {
            "description": "Q2 Earnings release - ENG",
            "extension": "pdf",
            "url": "https://cdn.uc.assets.prezly.com/4844e45f-aedf-4f9c-bff6-94ee92fb9b9f/-/inline/no/266254.pdf"
        }
    ],
    "tags": [
        "English",
        "Investor Relations",
        "1",
        "ImportH"
    ],
    "author": {
        "first_name": "Isabelle",
        "last_name": "Geeraerts"
    },
    "format_version": 1
}