Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Cablevisión Holding Announces Fourth Quarter and Accumulated 2017 Results

BUENOS AIRES, Argentina, March 8, 2018 /PRNewswire/ -- Cablevisión Holding S.A., ("Cablevision Holding", "CVH" or "the Company" - BCBA: CVH; LSE: CVH), announced today its results for the  fourth quarter 2017 period as well the accumulated annual figure (for the period of May 1, 2017 to December 31, 2017) since the Company's inception this year.  Figures have been prepared in accordance with International Financial Reporting Standards ("IFRS") and are stated in Argentine Pesos (Ps.), unless otherwise indicated.

Operations include cable television, Internet access and telephony services, in Argentina and certain neighboring countries, through its subsidiary Cablevisión, which is the largest cable television operator in Latin America in terms of number of subscribers. This Company also provides high-speed Internet access under the Fibertel brand and telephony services through Nextel.

CVH Highlights 2017:

  • Revenues and EBITDA reached Ps. 28,399.7 million and Ps. 10,181.7 million, respectively for 2017. EBITDA margin was 35.9%.
  • Financial result, net totaled Ps. (3,720.3) million in 2017. This was mainly due to the impact of the peso depreciation on dollar-denominated debt.
  • Income for the period totaled Ps. 2,227.0 million in 2017. Income for the period attributable to Equity Shareholders was Ps. 781.8 million.
  • On December 21, 2017, ENACON approved the merger between Cablevisión S.A. (subsidiary) and Telecom Argentina S.A. (NYSE: TEO, BCBA: TECO2), which was announced on June 30, 2017.
  • On December 27, 2017, CVH exercised the call option granted by Fintech Advisory Inc. and its subsidiaries, Fintech Telecom LLC and Fintech Media LLC. Consequently, CVH acquired a 6.08% stake in the shares of Telecom Argentina S.A. post-merger.
  • On January 1, 2018, the merger became fully; consequently, Cablevisión S.A. has been dissolved without liquidation and CVH has become the controlling shareholder of Telecom Argentina S.A.
  • On February 21, 2018, CVH was admitted to the Official List of the UK Listing Authority and began trading on the London Stock Exchange's Main Market under the ticker symbol "CVH."

CVH FINANCIAL HIGHLIGHTS

ACCUMULATED 2017






(In millions of Ps.)

Cable TV and
Internet Access

IDEN
Telephony

Other

Eliminations

Consolidated

Revenues

26,607.5

1,809.1

60.8

(77.7)

28,399.7

Cost of Sales

(9,916.0)

(1,058.8)

-


(10,974.7)

SG&A

(6,353.2)

(860.6)

(90.3)

60.8

(7,243.3)

Intersegment Costs and Expenses

(15.9)

(1.1)

-

16.9

-

EBITDA

10,322.4

(111.3)

(29.5)

-

10,181.7

EBITDA Margin

38.8%

(6%)

(48%)

NA

35.9%

 

 

FOURTH QUARTER 2017






(In millions of Ps.)

Cable TV and
Internet Access

IDEN

Telephony

Other

Eliminations

Consolidated

Revenues

10,572.7

601.7

22.8

(22.8)

11,174.4

Cost of Sales

(4,065.1)

(419.9)

-

-

(4,485.0)

SG&A

(2,512.9)

(283.6)

(34.1)

22.8

(2,807.8)

Intersegment Costs and Expenses

-

-

-

-

-

EBITDA

3,994.7

(101.8)

(11.3)

-

3,881.7

EBITDA Margin

37.8%

(17%)

(49%)

NA

34.7%

(1)  We define Adjusted EBITDA as Revenues minus cost of sales (excluding depreciation and amortization) and selling and administrative expenses (excluding depreciation and amortization). We believe that Adjusted EBITDA is a meaningful measure of our performance. It is commonly used to analyze and compare media companies on the basis of operating performance, leverage and liquidity. Nonetheless, Adjusted EBITDA is not a measure of net income or cash flow from operations and should not be considered as an alternative to net income, an indication of our financial performance, an alternative to cash flow from operating activities or a measure of liquidity. Other companies may compute Adjusted EBITDA in a different manner; therefore, Adjusted EBITDA as reported by other companies may not be comparable to Adjusted EBITDA as we report it.

(2) We define Adjusted EBITDA Margin as Adjusted EBITDA over Revenues.

Investor Relations Contacts:


In Buenos Aires:                       

In New York:

Cablevisión Holding S.A.

i-advize Corporate Communications, Inc

Agustín Medina Manson, Head of Investor Relations

Camilla Ferreira / Kenia Vargas

Patricio Gentile, Sr. Analyst of Investor Relations

Email: cferreira@i-advize.com

Email: ir@cablevisionholding.com                           

           kvargas@i-advize.com

Tel: (+54 11) 4309-3417

Tel: +1-212-406-3695 / 3696

https://www.cablevisionholding.com


Cision View original content:http://www.prnewswire.com/news-releases/cablevision-holding-announces-fourth-quarter-and-accumulated-2017-results-300611298.html

SOURCE CVH

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence Today we can collect lots and...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to ...
Today, we have more data to manage than ever. We also have better algorithms that help us access our data faster. Cloud is the driving force behind many of the data warehouse advancements we have enjoyed in recent years. But what are the best practices for storing data in the clo...
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. ...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science" is responsible for guiding the technology strategy within Hitachi Vantara for IoT and Analytics. Bill brings a balanced business-techn...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE