)
Altice France Holding S.A (ALTICE) investor relations material
Altice France Holding S.A Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2025 revenue was €2,266 million, down 9.3% year-over-year, with EBITDA at €764 million and operating free cash flow at €391 million.
Financial restructuring completed on October 1, 2025, significantly reducing indebtedness, extending debt maturities, and improving liquidity.
Exclusive negotiations to sell Infracos JV to Phoenix Tower International, with closure expected by year-end.
Disposal of a 65% stake in Intelcia signed, expected to close in Q1 2026, subject to regulatory approval.
Two new independent non-executive directors were appointed to the board.
Financial highlights
Revenue declined 9.3% year-over-year; residential service revenue fell 9.4%, business services revenue dropped 8.1%.
EBITDA decreased by 11.4% year-over-year to €764 million, mainly due to lower residential revenue and reduced construction activity.
Accrued CapEx for Q3 was €373 million, down 23.9% year-over-year.
Operating free cash flow increased 5.0% year-over-year to €391 million.
Free cash flow for Q3 2025 was €595 million, benefiting from no interest payments during restructuring.
Outlook and guidance
Expectation to grow EBITDA minus CapEx for full year 2025 compared to 2024 is reaffirmed.
Proceeds from planned Infracos and Intelcia sales are expected to reduce net debt.
No major debt maturities are expected until 2028, supporting liquidity and operational focus.
Q4 trends anticipated to be consistent with recent quarters due to the subscription-based business model.
The financial restructuring is expected to be a turning point, improving future financial stability and flexibility.
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage