{
    "title": "Telenet announces First Nine Months 2008 results",
    "modified_at": "2008-11-03 18:45:00",
    "published_at": "2008-11-03 18:45:00",
    "url": "https://press.telenet.be/telenet-announces-first-nine-months-2008-results",
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    "culture": "en",
    "language": "EN",
    "slug": "telenet-announces-first-nine-months-2008-results",
    "body": "<ul class=\"hugin\"> <li class=\"hugin\">Continued solid performance led to strong growth in operating profit <li class=\"hugin\">Upgraded full year outlook with EBITDA growth target of 10%-12% confirmed</li></ul> <div class=\"hugin\"> <div align=\"right\" class=\"hugin\"> </div></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\"> </div> <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 first nine months ended September 30, 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\"> </div> <ul class=\"hugin\"> <li align=\"justify\" class=\"hugin\">Continued stable growth in core growth product lines of broadband, fixed telephony and digital TV subscriber base, adding a net aggregate 259,000 subscribers during the first nine months of 2008 and 358,000 subscribers since September 30, 2007; <li align=\"justify\" class=\"hugin\">Revenue of \u0080739.4 million, up 7% versus prior year; <li align=\"justify\" class=\"hugin\">EBITDA(1) of \u0080369.8 million, up 10% versus prior year, yielding an EBITDA margin of 50.0%; <li align=\"justify\" class=\"hugin\">Operating profit of \u0080178.4 million, up 12%; <li align=\"justify\" class=\"hugin\">Capital expenditures(2) of \u0080151.5 million, representing 20% of revenue; <li align=\"justify\" class=\"hugin\">Free Cash Flow(3) of \u0080118.8 million, equivalent to 16% of revenue; <li align=\"justify\" class=\"hugin\">Full year outlook confirmed, as increased in October following continued solid organic development and acquisition of Interkabel activities.</li></ul>",
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    "tags": [
        "English",
        "Investor Relations",
        "1",
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    "author": {
        "first_name": "Isabelle",
        "last_name": "Geeraerts"
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