Solid performance in a challenging market
- Revenue up 0.3% and EBITDA up 1.5%
- Profit from continuing operations excl. special items up 38.6%, impacted by lower interest expenses and positive development in fair value adjustments
- Equity free cash flow up 11% driven by reduced net interest payments and different timing of tax payments
- Net interest-bearing debt to EBITDA of 2.0x
- Expected 2011 dividend: DKK 4.35, of which DKK 2.18 was distributed on 10 August 2011
- Strong growth within pay-TV both in YouSee and TDC TV; market offerings strengthened further with a number of Q3 product launches
- Mobile subscriber base up 34k (thousand) plus 20k on prepaid cards, with increased market shares on both mobile voice (+1 pp) and mobile broadband (+1 pp) compared with Q2 2011
- Successful migration of Onfone customers with low related churn and strong Q3 net adds performance
- Double digit EBITDA YTD growth across all TDC Nordic business units
- TDC Business on track to maintain leading market position in public sector following the SKI tender
- 2011 guidance reaffirmed
For inquiries regarding the above please contact Flemming Jacobsen, TDC Investor Relations, on +45 6663 7680 or investorrelations@tdc.dk.
TDC A/S
Teglholmsgade 3
0900 Copenhagen C
DK-Denmark
tdc.com
