Kabel Deutschland Holding AG reported consolidated financial results for the second quarter and six months ended September 30, 2015. For the period, revenue grew by 7.3% year on year to €536 million against €500 million a year ago. Adjusted EBITDA increased by 8.1% year on year to €263 million against €244 million a year ago. Operating free cash flow (EBITDA-Capex) amounted to €106 million. Net profit was €81 million or €0.91 per share against €67 million or €0.75 per share in the second quarter of last year. Total Capex (incl. Alpha) was €158 million against €176 million a year ago.

For the six months, revenue increased by 7.2% to €1,062 million from €991 million in the first six months of the previous year. EBITDA grew by 7.4% to €504 million with an EBITDA margin of 47.5%. Regular Capex increased to €257 million against €252 million in the previous year's first six months. Operating free cash flow amounted to €219 million against €153 million a year ago. Net profit was €147 million against €114 million in the same period last fiscal year, representing an EPS of €1.66 against €1.29 last fiscal year.

The company reaffirms earnings guidance for the full year of 2015. The company expects 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.