Kabel Deutschland revenues up 8.3%

15 Nov 2012

German cable network operator Kabel Deutschland has announced its consolidated financial results for the second quarter of its 2012/2013 fiscal year, reporting an 8.3% rise in revenues to EUR453 million (USD577 million) in the three months ended 30 September 2012 from EUR418 million in the year-ago period. Growth was primarily driven by an 18.1% increase in ‘Internet and Phone’ revenues to EUR156 million, while TV turnover increased 3.5% year-on-year to EUR296 million. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for the three months ended 30 September 2012 grew 8.5% year-on-year to EUR213 million, while net profit totalled EUR61 million compared to EUR36 million in the year-ago quarter.

In operational terms, Kabel Deutschland reported a total of 13.861 million revenue generating units (RGUs) at 30 September 2012, up 6.3% year-on-year, with growth driven by strong demand for new premium TV, internet and telephony services. These services accounted for 5.201 million of total RGUs (up from 4.202 million a year earlier). The number of internet RGUs reached 1.657 million at the end of September 2012, compared to 1.377 million a year earlier, while telephony RGUs grew from 1.411 million to 1.681 million over the same period. Premium TV RGUs totalled 1.863 million at the end of Q2 2012/13, up from 1.415 million year-on-year.

Germany, Kabel Deutschland