Virgin Media's quarterly and full year results.
07-02-2012, 20:21
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#1
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Virgin Media's quarterly and full year results.
Full info will be out Tomorrow (Wednesday Feb, 8th) at 7am - UK Time.
Quote:
Virgin Media turns on speed with super-fast broadband rollout
Cable firm expected to report first annual profit as it reveals network will be plugged in months ahead of schedule
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http://www.guardian.co.uk/media/2012...ut?INTCMP=SRCH
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07-02-2012, 20:29
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#2
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Re: Virgin Media's quarterly and full year results.
Yes those figures will be interesting MB but what customers want to hear is what channels or Tivo functionality is coming their way in the coming months to appease many customers who are extremely unhappy with the forthcoming April price rises in their services.
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08-02-2012, 07:06
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#3
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Re: Virgin Media's quarterly and full year results.
http://www.marketwatch.com/story/vir...lts-2012-02-08
Quote:
Virgin Media -- Full Year and Fourth Quarter 2011 Results
A Year of Record Free Cash Flow
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Quote:
Revenue growth and cost control deliver strong free cash flow
-- Revenue up 3.0% to GBP 4.0bn for the year -- Revenue up 2.0% to GBP 1.0bn for the quarter
-- OCF(1) up 5.3% to GBP 1,590m for the year -- OCF up 5.0% to GBP 424m for the quarter
-- Operating income up 67.8% to GBP 540m for the year; up 134% to GBP 166m for the quarter
-- Net income of GBP 76m for the year; first annual profit
-- FCF(2) up 20.7% to GBP 498m for the year -- FCF up 1.1% to GBP 140m for the quarter
-- Net cash provided by operating activities up 10.7% to GBP 1,149m for the year, up 11.0% to GBP 294m for the quarter
Strong TiVo and superfast broadband growth
-- TiVo customer base more than doubled in Q4 with 273,000 net additions -- 435,000 TiVo customers at the year-end; 12% of the TV base
-- 56,100 increase in the paying TV base(3) for the quarter
-- Strong demand for superfast broadband (30Mb and above) in Q4 with 133,000 customer growth
-- Net cable customer additions of 15,000 in Q4
-- Cable ARPU, up 0.7% to GBP 47.85 versus a strong comparison quarter
-- Mobile contract customers up 26% in the year to 1.5m -- Record 101,000 contract net additions into cable homes in the quarter
-- Business division revenue growth of 6.8% for the year
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08-02-2012, 07:59
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#4
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Grumpy Fecker
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Re: Virgin Media's quarterly and full year results.
I now sit back and wait for the usual suspects to say they are crap results and SKY does this this and ruddy this 
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08-02-2012, 08:10
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#5
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Re: Virgin Media's quarterly and full year results.
Quote:
Originally Posted by Sirius
I now sit back and wait for the usual suspects to say they are crap results and SKY does this this and ruddy this |
Well l am not one of them Sirius as to me they are very impressive figures indeed seeing we are in a huge economic slump and also facing huge competition from the likes of BT and Sky..
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08-02-2012, 08:41
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#6
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Re: Virgin Media's quarterly and full year results.
Quote:
Originally Posted by Sirius
I now sit back and wait for the usual suspects to say they are crap results and SKY does this this and ruddy this |
As opposed to Den who stays perfectly neutral
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08-02-2012, 08:54
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#7
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Re: Virgin Media's quarterly and full year results.
Quote:
Originally Posted by muppetman11
As opposed to Den who stays perfectly neutral |
l will praise and criticise in equal measure me marra when the need arises be it Sky, Virgin or anybody else. 
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08-02-2012, 09:04
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#8
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laeva recumbens anguis
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Re: Virgin Media's quarterly and full year results.
Ladies, ladies - topic, please....
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08-02-2012, 09:16
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#9
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Re: Virgin Media's quarterly and full year results.
With these type of figures it quite clear that Virgins strategy is working but a few more channels and more Tivo functionality would not go amiss to start off with.
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08-02-2012, 09:17
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#10
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Re: Virgin Media's quarterly and full year results.
Quote:
Originally Posted by denphone
Yes those figures will be interesting MB but what customers want to hear is what channels or Tivo functionality is coming their way in the coming months to appease many customers who are extremely unhappy with the forthcoming April price rises in their services.
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Virgin Media answers to the Stock Exchange not customers.
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08-02-2012, 09:20
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#11
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Grumpy Fecker
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Re: Virgin Media's quarterly and full year results.
Well as an employee i have been given even better news on the internall website about my annual remuneration  
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08-02-2012, 09:21
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#12
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Re: Virgin Media's quarterly and full year results.
Quote:
Originally Posted by jungleguy
Virgin Media answers to the Stock Exchange not customers.
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True but its is the customers who gives it its revenue and profits and without them any company would be up the creek without a paddle. 
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08-02-2012, 09:37
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#13
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Re: Virgin Media's quarterly and full year results.
Maybe now they could either cancel the price rises (unlikely), extend their cable network, or have more money on the table for negotiations with Sky over channels like Sky F1 HD...Just a thought.
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08-02-2012, 09:46
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#14
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Re: Virgin Media's quarterly and full year results.
Quote:
Originally Posted by Tim Deegan
Maybe now they could either cancel the price rises (unlikely), extend their cable network, or have more money on the table for negotiations with Sky over channels like Sky F1 HD...Just a thought.
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A very reasonable thought Tim.
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08-02-2012, 09:51
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#15
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Re: Virgin Media's quarterly and full year results.
Skynews has just said ( Literally 1 minute ago) that Virginmedia are creating 600 mostly call center jobs due to demand for its services.
No mention of the closing of Albert dock though, that's going to leave a sour taste for a few Albert dock employees.
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