{
    "title": "Telenet announces First Quarter 2008 results",
    "modified_at": "2008-05-05 19:45:00",
    "published_at": "2008-05-05 19:45:00",
    "url": "https://press.telenet.be/telenet-announces-first-quarter-2008-results",
    "short_url": "http://prez.ly/C1y",
    "culture": "en",
    "language": "EN",
    "slug": "telenet-announces-first-quarter-2008-results",
    "body": "<div align=\"left\" class=\"hugin\">Continued solid sequential subscriber growth across all core product lines</div> <div align=\"left\" class=\"hugin\">Revenue up 9%; EBITDA up 12%, yielding an EBITDA margin of 48.0%</div> <div align=\"left\" class=\"hugin\"> </div><b class=\"hugin\"> <div align=\"left\" class=\"hugin\"> </b>Telenet Group Holding NV (\"Telenet\" or the \"Company\") (Euronext Brussels:</div> <div align=\"left\" class=\"hugin\">TNET) announces its consolidated results under International Financial Reporting Standards as adopted by</div> <div align=\"left\" class=\"hugin\">the European Union (\"EU GAAP\") for the three months ended March 31, 2008:</div> <div align=\"left\" class=\"hugin\"> </div><b class=\"hugin\"> <div align=\"left\" class=\"hugin\">HIGHLIGHTS</div></b> <div align=\"left\" class=\"hugin\"> <ul class=\"hugin\"> <li class=\"hugin\">Revenue of \u0080247.1 million, up 9% versus prior year;</li> <li class=\"hugin\">EBITDA(1) of \u0080118.6 million, up 12%, yielding an EBITDA margin of 48.0%;</li> <li class=\"hugin\">Operating profit of \u008057.2 million, up 14%;</li> <li class=\"hugin\">Net loss of \u00806.8 million, due to unfavorable impact from interest rate hedges and higher interest expenses;</li> <li class=\"hugin\">Capital expenditures(2) of \u008045.9 million, representing 19% of revenue;</li> <li class=\"hugin\">Free Cash Flow(3) of \u008035.6 million, equivalent to 14% of revenue;</li> <li class=\"hugin\">Solid organic deleveraging capacity: leverage ratio down to below 4.0x;</li> <li class=\"hugin\">Broadband, telephony and digital TV combined adding 103,000 subscribers during Q1 2008;</li> <li class=\"hugin\">Strong growth in paid video-on-demand transactions of 85%.</li></ul></div>",
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    "tags": [
        "English",
        "Investor Relations",
        "1",
        "ImportH"
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    "author": {
        "first_name": "Isabelle",
        "last_name": "Geeraerts"
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