Neuf Cegetel reveals full year sales growth

8 Feb 2008

French alternative telco Neuf Cegetel has reported full year sales of EUR3.3 billion for 2007, up 15.6% from EUR2.9 billion one year previously. The results were boosted by strong growth in the number of broadband subscribers, climbing from 2.2 million to 3.2 million in the space of twelve months. The company reaffirmed its 2008 sales growth targets of at least 20% for the consumer market and between 5% and 10% for the business market. It also said its adjusted EBITDA margin is on track to rise to 25% of sales by the end of 2008, having increased to 22.5% in the second half of 2007 from 21.0% in the first half.

France, neuf Cegetel