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Virgin Media Q4 2009 results: continuing strong performance and positive outlook - Venture Insights

Report Overview

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Virgin Media Q4 2009 results: continuing strong performance and positive outlook

PublisherEnders Analysis.
Publish Date February 25, 2010
Sector Fixed Line (Internet and Voice), Pay TV.
Company Virgin Media.

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VMed’s Q4 results were again strong; the May 2009 price increases continued to lift revenue and operating cash flow, as expected.

There are continuing grounds for optimism, including further price hikes, cost reduction and modest turnarounds at Mobile and Business.

There was no news regarding content M&A, but a sale some time this year appears likely and should have a significant positive impact on the company’s financial position.