Highlights for 2Q 2007
• Revenue up 2.5% to DKK 10,052m, attributable to more domestic mobile and
cable TV customers. Adjusted for acquisition and divestment of companies,
revenue was up 3.3%.
• EBITDA up 2.6% to DKK 3,075m, impacted by the acquisition of Invitel and the
divestment of Bité. Adjusted for acquisitions and divestments of companies,
EBITDA was up 1.6% compared with (1.3)% in 2Q 2006. The growth in 2Q 2007 is
mainly related to a higher level of the domestic mobile and internet customer
base partly counteracted by an unfavorable development in the Swiss exchange
rate, more cable fault corrections and higher customer acquisition costs.
Outlook for 2007
• Revenue is expected to increase slightly compared with 2006, as the continued
growth in broadband and mobile activities along with the acquisition of
Invitel more than offset the decrease in the landline business and the impact
of the divestment of Bité.
• Net income is expected to decrease approximately 20% in 2007, as result of
changed capital structure and acquisition of Invitel. The estimated impact
from the amendment to the corporate tax legislation has been included in the
outlook for net income.
Please read the full report attached to the link below.
For further information please contact TDC Investor Relations at +45 6663 7680.
TDC A/S
Noerregade 21
0900 Copenhagen C
DK-Denmark
tdc.com
