Kabel Deutschland Holding AG announced earnings results for the first quarter of fiscal 2016. For the quarter, the company reported total revenues of EUR 526 million compared with EUR 491 million for the same period a year ago. Adjusted EBITDA was EUR 241 million compared with EUR 226 million for the same period a year ago. Net profit was EUR 66 million or EUR 0.75 per share compared with EUR 47 million or EUR 0.53 per share for the same period a year ago. Total capex was EUR 128 million compared with EUR 141 million for the same period a year ago.

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).