Jul 15, 2014 12:00 AM CET
Com Hem reports second quarter results – Revenue up 8 percent
“Delivering on the plan”
Our business reported strong growth in the second quarter supported by the inclusion of Phonera’s B2B operations from March 31. Total revenue was up more than 8% compared to corresponding quarter last year, with consumer revenue increasing by more than 2%. Our strong momentum within broadband continues with an all-time high number of broadband RGUs. We have also sucessfully returned our digital-television business to RGU growth, reaching an important milestone with more than 100,000 TiVo customers and further strengthening the product with 38 new channels added to TiVoToGo™. Our TiVo customers now have over 100 channels available on several devices.
(1) Net result for the period excluding one-off costs associated with the IPO and refinancing of debt, adjusted for income tax, divided by the number of shares after the issuance of new shares and exercise of the over- allotment option. For further information see Q2 interim report.
You find the complete report with tables in the attached PDF or at: https://www.comhemgroup.se/en/interim-report-q2-2014
Management will host a webcasted telephone conference call at 10.00 am CET.
The presentation will be held in English and the live webcast and presentation material will be accessed on www.comhemgroup.com. An on-demand version is also available after the presentation.
Daniel Johansson, Head of Financial Control
Tel: +46(0)734 39 08 41
Fredrik Hallstan, Head of PR
Tel: +46(0)761 15 38 30
Com Hem Holding AB discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The information was submitted for publication at 07:30 CET on July 15, 2014.