Financial
· Q2 revenue down by 5.5%; organic revenue decreased by 3.8% in line with Q1
exchange rate development and different timing of Easter Holiday compared with 2013; YTD decline of 3.4%
organic EBITDA down 1.9%
H1 EFCF up by 14.4%
approval by Finnish authorities; TDC Finland reclassified as “Discontinued operations”
EBITDA > DKK 9.6bn, capex of DKK 3.7bn and DPS of DKK 3.70; Interim dividend of DKK 1.50/share will be paid on 13 August |
Operational |
· Residential mobile subscribers down by 39k vs. Q1, which is a lower loss than in Q1 (57k);
residential mobile ARPU stable YoY; positive indications for Q3 with Telmore Play off to a promising start with more than 20k sign ups since launch end of Q2
individual and organised subscribers in YouSee (-8k)
contract at lower prices but lost the other two contracts which were settled at price levels that TDC Group was unable to match in the specific cases due to competition law restrictions
service levels expected to improve significantly as skills among new staff members are improved and call levels return to normal
(approx. 800 TDC employees) to Sitel from H2 2014 resulting in both savings on operational expenses and expected positive impact on customer satisfaction |
TDC A/S
Teglholmsgade 1
0900 København C
tdc.dk