| Highlights |
| · Q3 YoY growth in revenue (+4.5%) and gross profit (+3.7%) due to the acquisition of Get in Q4 2014. The YTD organic revenue decline (-2.1%) is in line with our full-year guidance · Increased opex spending of -7.7% in Q3 affected by the inclusion of Get, but partly offset by savings in the Danish Cost Centre and a positive one-off in TDC Norway · EBITDA up by 1.0% in Q3, but organic EBITDA decreased by 7.0% due to a continued challenging development in Denmark · EFCF of DKK 1,333m in Q3, down by 9.4%, flattish when adjusted for a one-off tax refund that positively affected Q3 2014 · Growth in Get TV and broadband customers with net adds of 2k and 5k, respectively vs. Q2 · Continued pressure on mobile voice in the Danish B2B business with a YoY decline of 15% on ARPU · Improved Consumer mobile voice churn, resulting in net adds of 11k vs. Q2, however with downward pressure on ARPU · Loss of 6k YouSee TV customers vs. Q2; as part of revitalising YouSee’s TV product all customers now have access to YouSee live TV through web and app both at home and on-the-go · Reduced number of unacceptable customer experiences YTD (-8 %) driven by improvements in Q2 and Q3 |
TDC A/S Teglholmsgade 1 0900 Copenhagen C DK-Denmark tdc.com