Altice France raises FY objectives, as EBITDA growth accelerates to 10% in Q2

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(Telecompaper) Altice Europe raised its FY operating free cash flow guidance and the revenue/EBITDA outlook for its French operations, as it said that the group’s operational turnaround was bearing fruit. Altice France reported revenues of EUR 2.60 billion in the second quarter, up 4.0 percent year-on-year (-1.2% in Q1), while adjusted EBITDA rose 10.1 percent to EUR 1.08 billion (+4.6% in Q1).

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