Sharp drop in earnings at Virgin Media

Belgique Nouvelles Nouvelles

Sharp drop in earnings at Virgin Media
Belgique Dernières Nouvelles,Belgique Actualités

Net earnings at Virgin Media Ireland fell sharply in the first quarter, new figures show.

Earnings declined 106 per cent versus the same there months period a year earlier to €3.5 million from €55 million due to losses on derivative instruments.

The telco and TV broadcaster reported a slight rise in revenues during the first quarter to €114. million , up from €113.9 million a year earlier. This was primarily a result of an increase ...

 

Belgique Dernières Nouvelles, Belgique Actualités

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