Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2
- Creatore Discussione gionmorg
- Data di Inizio
fedro10
è la somma che fa il totale...
fedro10
è la somma che fa il totale...
un estratto Frontier Communications Q2
https://seekingalpha.com/article/41...-2018-results-earnings-call-transcript?page=3
Please turn to slide 7. Total Q2 revenue was $2.16 billion, a decline of approximately 1.7% compared to the first quarter of 2018, but a continued improvement in the year-over-year trend. Net loss was $18 million, which included a pension settlement expense of $19 million net of tax. We continue to execute on expense management, and I am pleased that we have achieved our $350 million annualized cost synergy target.
Expense declined $13 million in Q2. We will continue to see incremental benefits from our synergy program in Q3 and Q4 as the implementations that occurred in Q2 will provide additional savings in the second half.
Second quarter adjusted EBITDA was $884 million and was adversely impacted by storms, seasonal customer activities, and a reserve established for exiting a partnership. Adjusted EBITDA margin was 40.9%, and we continue to target adjusted EBITDA margins above 40%.
Net cash from operating activities in the second quarter was $672 million. The substantial uptick from the first quarter level of $251 million was expected due to the cyclicality of our cash interest payments. Our cash interest payments are higher in Q1 and Q3, and lower in Q2 and Q4. So this result fits our normal quarterly pattern. On a trailing four-quarter basis ending June 30, 2018, operating free cash flow was a positive $721 million.
https://seekingalpha.com/article/41...-2018-results-earnings-call-transcript?page=3
Please turn to slide 7. Total Q2 revenue was $2.16 billion, a decline of approximately 1.7% compared to the first quarter of 2018, but a continued improvement in the year-over-year trend. Net loss was $18 million, which included a pension settlement expense of $19 million net of tax. We continue to execute on expense management, and I am pleased that we have achieved our $350 million annualized cost synergy target.
Expense declined $13 million in Q2. We will continue to see incremental benefits from our synergy program in Q3 and Q4 as the implementations that occurred in Q2 will provide additional savings in the second half.
Second quarter adjusted EBITDA was $884 million and was adversely impacted by storms, seasonal customer activities, and a reserve established for exiting a partnership. Adjusted EBITDA margin was 40.9%, and we continue to target adjusted EBITDA margins above 40%.
Net cash from operating activities in the second quarter was $672 million. The substantial uptick from the first quarter level of $251 million was expected due to the cyclicality of our cash interest payments. Our cash interest payments are higher in Q1 and Q3, and lower in Q2 and Q4. So this result fits our normal quarterly pattern. On a trailing four-quarter basis ending June 30, 2018, operating free cash flow was a positive $721 million.
fedro10
è la somma che fa il totale...
londonwhale
Forumer storico
Questi hanno abbandonato 2 volte il roll del bond 10.5% e continuano ad investire, invece di pensare a ripagare i debiti......
zoroaster
Forumer attivo
se producono utili non mi disturba piu` di tanto..........
Near
Forumer storico
Leggo ora anche se è di un mese fa.
Chiedo a chi segue safeway, secondo voi c'è da preoccuparsi?
Considerando anche il movimento del bond nelle ultime settimane?
io ho capito che sembrerebbe che albertson stia drenando valore da safeway e questo renda ancora più rischioso il bond 2031 ma magari ho capito male
Terms of Service Violation
è un articolo di bloomberg
Chiedo a chi segue safeway, secondo voi c'è da preoccuparsi?
Considerando anche il movimento del bond nelle ultime settimane?
io ho capito che sembrerebbe che albertson stia drenando valore da safeway e questo renda ancora più rischioso il bond 2031 ma magari ho capito male
Terms of Service Violation
è un articolo di bloomberg
