Kabel Deutschland Holding AG reported consolidated financial results for the first quarter ended June 30, 2015. Revenue grew by 7.1% year on year to €526 million. EBITDA increased by 6.6% year on year to €241 million with an EBITDA margin of 45.8%. The company spent 22.0% of revenues or €116 million on regular capex and €12 million on program Alpha. Operating free cash flow (EBITDA-Capex) amounted to €113 million. The company posted a net profit of €66 million or €0.75 per share against a net profit of €47 million or €0.53 per share in the first quarter 2014.

The company provided earnings guidance for the full year of 2015. Mid to high single-digit revenue growth compared to fiscal year 2014/15. Mid to high single-digit adjusted EBITDA growth compared to fiscal year 2014/15 (applying same adjustment items as in previous years). Adjusted EBITDA minus capex to increase to over €300 million from €236 million in fiscal year 2014/15.