Interxion Holding N.V. Announces Unaudited Consolidated Earnings Results for Fourth Quarter and Full Year Ended Dec. 31, 2017; Provides Earnings Guidance for the Year 2018
For the year, the company reported that revenue for 2017 was 489.3 million compared to 421.78 million a year ago, a 16% increase compared to 2016. Adjusted EBITDA for 2017 was 221.0 million, a 16% increase compared to 2016. Adjusted EBITDA margin for 2017 was 45.2%, a decrease of 10 bps compared to 2016. Net income was 42.2 million in 2017, compared to 39.9 million in 2016. Diluted earnings per share in 2017 were 0.59 on a weighted average of 71.6 million diluted shares, compared to 0.56 on a weighted average of 71.2 million diluted shares in 2016. Adjusted net income was 43.4 million in 2017, a 19% increase compared to 2016. Adjusted earnings per diluted share were 0.61 on a weighted average of 71.6 million diluted shares, compared to 0.51 on a weighted average of 71.2 million diluted shares in 2016. Cash generated from operations, defined as cash generated from operating activities before interest and corporate income tax payments and receipts, was 209.0 million in 2017, an increase of 14% compared to 2016. Capital expenditures, including intangible assets, were 256.0 million in 2017 compared to 250.9 million in 2016. Net cash flows from operating activities as 155.246 million compared to 139.397 million a year ago. Profit before income taxes was 57,045,000 against 56,333,000 a year ago.
For the full year 2018, the company expects revenue to be in range of 553 million to 569 million. Adjusted EBITDA is expected to be in range of 250 million to 260 million. Capital expenditures (including intangibles) are expected to be in range of 335 million to 365 million.