372.000 subscribers of TP\'s television service

dodano: 2010-02-24 09:07 | aktualizacja: 2010-02-26 18:09
autor: Rafal Tomasiak | źródło: TP

At the end of the fourth quarter of 2009, TP Group had 372.000 subscribers of its television services. This represents an increase of 89.000 compared to the third quarter of 2008 and yearly increase of 259.000. At the end of 2009, there were 109.000 subscribers of IPTV services and 263.000 of television services via satellite. In one quarter, there were only added 2.000 new IPTV clients and 87.000 new satellite TV subsrcibers.

TP Group recorded a decrease in revenues of 8.8% in comparison with the end of 2008. Net profit amounted to 1,282,000 PLN and was lower than in 2008, mainly due to decrease in EBITDA. These savings have been achieved thanks to a lower net debt and effective financial safeguards. Profit per one share fell to 0.96 PLN (in was 1.61 PLN in 2008).

Taking into account the results from 2009, the Board will recommend to the General Meeting of Shareholders approval of the distribution funds amounting to 2,003,000 PLN (1,50 PLN per share) in the form of ordinary dividends.

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