Tuesday, July 28, 2015

In the profit increases 30.7% to 24 million euros – Jornal de Negócios – Portugal

In increased by 30.7% profits in the second quarter to 24 million euros. Between April and June, the operator led by Miguel Almeida also hit the “record of service raised”, surpassing 8 million clients. Revenues followed the same trend, growing 3.2% to 355.9 million

In The operator ended the second quarter with a net profit of 24.1 million euros, a rise of 30.7% over the same period 2014.

According to the statement sent Tuesday to the CMVM, this increase is “a result of growth of all business lines and clear market share gains in various segments. “

Revenue followed the same trend, growing 3.2% to 355.9 million euros and oEBITDA (earnings before interest, taxes, depreciation and amortization) aumentou3,6% to 138.5 million euros.

The second quarter 2015 “was the best quarter ever in the company, with growth in all its business lines. In this period, the company crossed the 8 million services, with a strong performance of the mobile and fixed services area of ​​television, internet and telephone, “emphasizes the company led by Miguel Almeida in the same document.

“The In recorded in the second quarter and for the first time since the last quarter of 2012, an annual increase of 1.9% in its TV customer base, reaching more than 1.5 million subscribers “details. During the reporting period raised 13.9 thousand customers in this area

According to the statement released to the market supervisor, “In the recorded net additions in all telecommunications services:. Pay TV, access fixed and by DTH, broadband, fixed voice and mobile services, prepaid and postpaid. “

The convergence, the packaged offers, continues to be the main driver of this growth.

At the end of June, the We had a total of 509,800 customers convergent services, ie “2.5 times more than in the same period last year and representing 34% of total television subscribers “. “The total number of convergent services has increased by 143% over the second quarter 2014 to 2.44 million,” he added.

In the fixed broadband and fixed voice, the company recorded net additions of 39, 5000 and 59,600 customers respectively. But the “IRIS interface continues to verify strong members, having added over 41,600 users in the second quarter, has a penetration rate of 86.7%” between customers triple packages, quadruple and quintuple play.

In the mobile segment, the number of subscribers followed suit, growing 13.7% to 3.86 million, with net additions to reach 130,800 this quarter.

“In addition to growth in postpaid 125,700 customers, We showed, for the first time in two years, an increase also in prepaid, in 5100 customers. “

In the business segment field, the number of services increased by 13% to 1.171 million.

The investment (CAPEX Total) recorded an annual growth of 15.5% to 102.4 million euros in the second quarter of 2015 due to the plane network expansion and acceleration of business investment.

As for the financial debt stood at 1.092 million euros, “2.1x EBITDA, a conservative ratio to the market,” according to operator .

For Miguel Almeida, CEO of In, “The second quarter results this year were very significant. In a challenging environment without slowing the competitive pressure and the final stretch of the ongoing integration process, we achieved financial and operational performance levels, absolutely extraordinary. We record market share gains, we kept the intensity of our investment plan and create a lot of value for our customers “.

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