Kabel Deutschland Holding AG Reports Consolidated Earnings Results for the Fourth Quarter and Year Ended March 31, 2015; Provides Earnings Guidance for the Fiscal Year 2015/2016
For the year, the company reported total revenues of EUR 2,021 million against EUR 1,900 million a year ago. Adjusted EBITDA was EUR 939 million against EUR 910 million a year ago. Total Capex was EUR 703 million against EUR 575 million a year ago. Operating free cash flow (Adjusted EBITDA Capex) was EUR 236 million against EUR 335 million a year ago. The company posted a net profit of EUR 239 million or EUR 2.70 per share compared to a net loss of EUR 68 million or EUR 0.77 per share last year.
The company provided earnings guidance for the fiscal year 2015/2016. The company expects mid to high single-digit revenue growth compared to fiscal year 2014/15 and mid to high single-digit adjusted EBITDA growth compared to fiscal year 2014/15. The company expects operating free cash flow to increase to over EUR 300 million from EUR 236 million in fiscal year 2014/15.