Kabel Deutschland Holding AG Reports Consolidated Financial Results for the Second Quarter and Six Months Ended September 30, 2015; Reaffirms Earnings Guidance for the Full Year of 2015
For the six months, revenue increased by 7.2% to 1,062 million from 991 million in the first six months of the previous year. EBITDA grew by 7.4% to 504 million with an EBITDA margin of 47.5%. Regular Capex increased to 257 million against 252 million in the previous year's first six months. Operating free cash flow amounted to 219 million against 153 million a year ago. Net profit was 147 million against 114 million in the same period last fiscal year, representing an EPS of 1.66 against 1.29 last fiscal year.
The company reaffirms earnings guidance for the full year of 2015. The company expects mid to high single-digit revenue growth compared to fiscal year 2014/15. Mid to high single-digit adjusted EBITDA growth compared to fiscal year 2014/15 (applying same adjustment items as in previous years). Adjusted EBITDA minus capex to increase to over 300 million from 236 million in fiscal year 2014/15.