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Old 23-10-2012, 08:28   #2
denphone
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Re: Virgin Media Third Quarter 2012 Results.

Here we have it.

-- Revenue up 3.1% to GBP 3,061m for the nine months -- Revenue up 2.8% to GBP 1,028m for the quarter

-- OCF(1) up 3.8% to GBP 1,211m for the nine months -- OCF up 6.1% to GBP 423m for the quarter

-- Operating income of GBP 491m for the nine months; GBP 180m for the quarter

-- Net income of GBP 196m for the nine months; GBP 124m for the quarter

-- FCF(2) down 6.3% to GBP 336m for the nine months; down 11% to GBP 120m for the quarter -- Net cash provided by operating activities of GBP 808m for the nine months; GBP 365m for the quarter

Multiple sources of high quality revenue growth

-- Net cable customer additions of 39,500 in the quarter, up from 6,300 -- Churn down from 1.7% to 1.4% in the quarter

-- Cable ARPU up 1.8% to GBP 48.73 in the quarter

-- On-going improvement of customer base mix in the quarter -- TiVo customers increased 205,900 to 1.14m; now 30% of TV base

-- 52,200 increase in the paying TV base(3)

-- Superfast broadband customers (30Mb and above) increased 452,900 to 1.8m, now 42% of broadband base

-- Mobile revenue down 3.1% to GBP 137m in the quarter

-- Business division revenue up 9.5% to GBP 169m in the quarter

http://www.marketwatch.com/story/vir...lts-2012-10-23

http://phx.corporate-ir.net/phoenix....479&highlight=
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