Bryan, Garnier & Co's News

Altice: Q1 results: in line with expectations, thanks to diversification!

BUY, Fair Value EUR16,3 (+26%)
News published on
May Wednesday 11, 2016


This morning Altice published Q1 2016 results for Altice and NC-SFR. Revenues were down 2.7% but slightly above expectations. EBITDA rose by 0.9%, also slightly above consensus. The benefits of diversification are clear: a strong performance in the US and in Portugal offset disappointing results in France. Guidance is confirmed.



For more information, please contact marketing@bryangarnier.com