Ziggo NV: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Ziggo NV Revises FY 2013 Outlook To A Range Below Analysts' Estimates
Ziggo NV announced that following the decision to further step up its campaigns and investments in customer retention, its Ziggo WifiSpots and the launch of its mobile offering, and taking into consideration the higher than anticipated churn in the first half year, its outlook for fiscal 2013 will change. The Company now anticipate fiscal 2013 organic revenue growth (excluding 'revenues from other sources') to be around 1%, whilst adjusted EBITDA is expected to be in line with last year. The Company reported revenue of EUR1.537 billion and EBITDA of EUR880 million in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of EUR1.589 billion and EBITDA of EUR907 million for fiscal 2013.
Latest Developments for Ziggo NV
- Ziggo gives FY 2014 outlook in line with analysts' estimates
- recommended public offer for all issued and outstanding ordinary shares of Ziggo Not Yet Owned by Liberty Global
- Ziggo comments of FY 2014 EBITDA guidance and proposes not to pay final FY 2013 dividend
- Ziggo and Liberty Global plc reach conditional merger agreement
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