• Revenue in the TDC Group increased by 2.2% in H1 2010. Revenue in Nordic
Business increased by 0.6%. In Sunrise, revenue increased by 6.5%, driven by a
positive currency impact and customer base growth. In local currency, revenue
in Sunrise grew by 2.2%.
• Improved revenue trend in Nordic Business realised in all quarters of 2009
continued in both Q1 and Q2 2010: positive growth was achieved despite price
pressure from competition and adverse effects from regulation.
• EBITDA in Nordic Business increased by 3.2% and the EBITDA margin improved
from 39.2% in H1 2009 to 40.2% in H1 2010. Sunrise's EBITDA increased by 20.0%
in H1 2010. In local currency, Sunrise's EBITDA increased by 14.9%. Sunrise's
EBITDA margin improved from 24.7% in H1 2009 to 27.9% in H1 2010.
• Customer growth compared with H1 2009 was driven by TV and mobility services.
• TDC maintained or extended its leading position in all segments of the
domestic market.
• 2010 guidance confirmed.
• Strong operating free cash flow generation in Nordic Business diluted by
adverse working capital movement in Sunrise.
Please read the full report attached to the link below.
For inquiries regarding the report please contact TDC Investor Relations at +45
6663 7680.
TDC A/S
Teglholmsgade 1-3
0900 Copenhagen C
DK-Denmark
tdc.com
