October 27, 2016 / 5:25 AM / 3 years ago

BRIEF-Telenet Group Holding 9-month net profit falls to 41.6 million euros

Oct 27 (Reuters) - Telenet Group Holding Nv

* 9-month net profit 41.6 million euros ($45.34 million) versus 135.4 million euros year ago

* 9-month operating profit 416.3 million euros versus 420.7 million euros year ago

* Revenue of 1,799.9 million euros in 9m 2016, +32 pct YOY

* BASE integration on track with joint organization since end-June and recent start of our mobile network upgrade

* On track to deliver on our full year 2016 outlook

* Targeting a 5-7 pct adjusted EBITDA CAGR over the 2015-2018 period

* Triple play customers at end of Sept. 1.13 million versus 1.08 million year ago

* Says ARPU per customer relationship (eur/month) stood at 53.2 versus 50.5 year ago

* Believe to be well equipped to achieve 220 million euros of annual runrate synergies by 2020 (on BASE integration and launch of ran upgrade program)

* Plans to invest in BASE’s mobile network in order to secure profitable growth going forward. Hence, we reconfirm total integration costs of 300.0 million euros Source text for Eikon: Further company coverage: ($1 = 0.9175 euros) (Gdynia Newsroom:)

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