TDC A/S
TDC : Solid results in challenging markets
TDC A/S 04.02.2014 08:00 Dissemination of a Adhoc News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Financial -- 2013 guidance was achieved for EBITDA, CAPEX and DPS, while revenue met revised guidance as of Nov 2013 -- FY 2013 Equity free cash flow growth of 4.8% resulted in a pay-out ratio of 89% in line with TDC's dividend policy -- Revenue down by 6.1% in Q4 in line with FY 2013 development; adjusted for regulation effects and adverse exchange rate development, organic revenue decreased 3.7% in Q4 -- Organic opex savings of 8.8% in Q4 resulted in best quarterly EBITDA development in 2013 in both reported (-1.0%) and organic terms (1.6%) -- Network CAPEX ramp up by DKK 250m versus 2012 driven by 4G build out and super broadband investments -- 2014 guidance: Organic revenue will decrease less than in 2013, EBITDA > DKK 9.8bn, Capex of DKK 3.7bn and DPS of DKK 3.70 Operational -- High ARPU households (ARPU above DKK 600) in TDC/YouSee brand increased by 46% to 284k during 2013 as a result of price increases, upsale as well as Onfone integration into YouSee -- Business mobile ARPU still trending downwards, but lowest quarterly YoY ARPU decrease in Business in two years (-9% in Q4) -- Continued TV net adds in TDC brand (5k) and successful Fullrate TV relaunch (4k) compensated for the loss of YouSee customers in the organized market (-10k in Q4) -- Increased loss of residential landline voice subscribers (-125k) versus 2012 as the HomeTrio mobile offering migrated low ARPU landline customers to mobile voice -- Customer satisfaction and recommend score improved by 1 point and 2 points respectively versus 2012; employee satisfaction still at a high level (78) TDC A/S Teglholmsgade 3 0900 Copenhagen C DK-Denmark tdc.com News Source: NASDAQ OMX 04.02.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: TDC A/S Denmark Phone: Fax: E-mail: Internet: ISIN: DK0010253335 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
Aktuelle News
Aktuelle Berichte
Keine Berichte gefunden
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden