SFR: pro-forma sales virtually flat in Q1.

(CercleFinance.com) - SFR has announced total Q1 2017 sales that are up 0.
6% y-o-y (+0.8% excluding regulatory impacts), pro-forma of recent acquisitions of media activities, therefore totaling 2,705 million euros.

The growth of SFR's consumer post-paid mobile customer base accelerated over the period, thanks to the reduction in terminations, which in particular was thanks to investments in networks and the success of the convergent SFR FAMiLY! offerings.

SFR's adjusted EBITDA decreased by -5.1% to 820 million euros, with a margin reduced by 1.8 percentage points to 30.3%, reflecting the recent acquisition of content and savings in the voluntary redundancy plan, which have not yet been fully reflected in the group's accounts.


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