Kabel Deutschland Holding AG reported consolidated earnings results for the fourth quarter and year ended March 31, 2015. For the quarter, the company reported revenue increased by 7.1% to EUR 517 million from EUR 483 million in the fourth quarter of the previous year. EBITDA grew by 1.8% to EUR 234 million with an EBITDA margin of 45.2% The company spent 33.2% of revenues or EUR 171 million on regular Capex and EUR 31 million on program Alpha. The company posted a net profit of EUR 52 million for the fourth quarter ended March 31, 2015 compared to a net loss of EUR 1 million in the same period last fiscal year, representing earnings per share of EUR 0.59 compared to loss per share of EUR 0.01 last year.

For the year, the company reported total revenues of EUR 2,021 million against EUR 1,900 million a year ago. Adjusted EBITDA was EUR 939 million against EUR 910 million a year ago. Total Capex was EUR 703 million against EUR 575 million a year ago. Operating free cash flow (Adjusted EBITDA – Capex) was EUR 236 million against EUR 335 million a year ago. The company posted a net profit of EUR 239 million or EUR 2.70 per share compared to a net loss of EUR 68 million or EUR 0.77 per share last year.

The company provided earnings guidance for the fiscal year 2015/2016. The company expects mid to high single-digit revenue growth compared to fiscal year 2014/15 and mid to high single-digit adjusted EBITDA growth compared to fiscal year 2014/15. The company expects operating free cash flow to increase to over EUR 300 million from EUR 236 million in fiscal year 2014/15.