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Forthnet: Q2 Posts Positive EBITDA And Increased Revenue

Forthnet Group Operating Cash Flow was positive for Q2 .09 at € 6.1m while revenue formed at €92.2m with improving Group EBITDA at €18.7m for Q2 .09, the company said Friday.

Group EBITDA margin reached 20.3% for Q2 .09 with telecom services growing by 22.4% to €43.7m vs Q2 .08

The company noted that ULL subs increased by 22.5k to 254.8k and Pay-TV services contributed significantly in the Group.s improving performance

A small increase in Digital Pay-TV subs and decrease in the Analog customer base was also registered.
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