Kabel Deutschland Holding AG Announces Earnings Results for the First Quarter of Fiscal 2016; Provides Earnings Guidance for the Full Year of Fiscal 2016
The company provided earnings guidance for the full year of fiscal 2016. For the fiscal 2016, the company expects its revenues growth to be in the range of mid to high single digit compared to fiscal 2015. Adjusted EBITDA growth to be in the range of mid to high single digit compared to fiscal 2015. Adjusted EBITDA minus Capex to increase to over EUR 300 million (from EUR 236 million in fiscal year 2015).