Strong acceleration in growth with Q2 revenues up 5.9% (H1: +4.7%)
176,000 Revenue Generating Units added in period: +12.2% year-on-year
Growing quad-play and fibre penetration in base: mobile 16%; TV 39%; fibre 16%
On track to deliver FY16 in line with current market expectations pre-cyber attack impact
Interim dividend raised 15% to 5.29p (H1 FY15: 4.60p)
Material EBITDA growth in H2 and lower net debt; expect to grow final dividend by 15%
Cyber Attack
Significantly fewer customers affected than initially feared
Customer facing online sales and service channels now back in operation
One-off financial impact estimated at £30m-£35m
Offering all customers the choice of a free upgrade
H1 Financial Highlights
Total revenue up 4.7% to £912m (H1 FY15: £871m); Q2 +5.9%
On-net revenue up 7.6% (Q2 +8.9%), Corporate revenue up 6.2% (Q2 +6.7%)
Headline EBITDA1 £90m (H1 FY15: £110m)
Operating Free Cashflow £38m (H1 FY15: £44m)
