Analyst Research

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Provider: Reuters Investment Profile
Provider: Thomson Reuters StreetEvents

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Ziggo NV Issues FY 2013 EBITDA Above Estimates and Comments on FY 2013 Revenue Guidance; Announces FY 2012 Dividend Payment

Wednesday, 23 Jan 2013 07:00pm EST 

Ziggo NV announced that the Company expects to report EBITDA for 2013 to increase in the range of 2.5-3.5% with revenue growth moderately ahead of this rate. According to I/B/E/S estimates the analysts on average are expecting the Company to report FY 2013 EBITDA of EUR 912.37 million. The Company reported FY 2012 EBITDA of EUR 880.40 million. The Company anticipates an increase in revenue momentum over the course of 2013 as the marketing initiatives take effect. Additionally, the Company announced that for the final dividend over the 2012 financial year, which becomes payable at the end of April 2013, it expects to distribute EUR180 million (subject to shareholder approval), which brings the total dividend pay-out over 2012 to EUR 290 million or EUR 1.45 per share. 

Company Quote

-0.1 -0.28%
29 Aug 2014