Kabel Deutschland positive Q1
August 6, 2015
Kabel Deutschland, Germany’s largest cable network operator, has released its consolidated financial results for the first quarter ended June 30th 2015 of fiscal year 2015/16.The company described the results as a “positive start to the fiscal year”.
Highlights for the first quarter include:
Internet RGUs grew by 102,000 quarter on quarter. The company now reports 2.7 million Internet RGUs. Net additions from managed migrations from Vodafone DSL amounted to ~22 thousand in the first quarter
Premium TV RGUs increased by 38 thousand net adds quarter on quarter to a total of 2.6 million Pay TV and DVR RGUs
Total blended ARPU per subscriber for the quarter reached €19.25 – up by €1.39 or 7.8 per cent on the prior year’s first quarter
Revenue grew by 7.1 per cent year on year to €526 million. The Company posted a net profit of €66 million (versus a net profit of €47 million in the first quarter of last year)