PARIS, March 12 French cable company Numericable
reiterated on Wednesday its three-year targets to grow
sales 2-5 percent annually and invest in upgrading its network,
as it posted a small drop in full-year core profit.
Numericable said adjusted earnings before interest, tax,
depreciation and amortisation (EBITDA) fell 0.5 percent to 616
million euros ($854 million) in 2013 as revenue edged 0.9
percent higher to 1.31 billion.
The company, which is bidding to take over French mobile
operator SFR from Vivendi, said it confirmed the
targets set at the time of its stock market listing in November.
($1 = 0.7212 Euros)
(Reporting by James Regan; Editing by Mark Potter)