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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Altice France Holding S.A
Altice France Holding S.A (ALTICE) investor relations material
Altice France Holding S.A has been private
Altice France Holding S.A Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary26 Aug, 2026
Executive summary
Q2 2026 revenue was €2,034 million, EBITDA €681 million, and operating free cash flow €430 million.
Signed a Memorandum of Understanding in June 2026 to sell telecom activities in Mainland France to a consortium for €20.35 billion enterprise value.
Closed the sale of a 65% stake in Intelcia in April 2026; Altice France remains a key customer.
Financial highlights
Revenue declined 8.7% year-over-year to €2,034 million in Q2 2026; EBITDA fell 12.9% to €681 million.
Operating free cash flow increased 6.3% year-over-year to €430 million, driven by lower Capex.
Accrued Capex was €251 million, down 33.4% year-over-year.
Free cash flow was negative €160 million in Q2, with net debt increasing by €312 million.
Outlook and guidance
No formal guidance for 2026; management focused on minimizing net losses and improving P&L trends.
Pro forma net leverage stands at 5.9x LTM, with pro forma liquidity of €0.43 billion at Q2 2026 end.
Forward-looking statements highlight risks and uncertainties regarding future performance and market developments.
Liquidity considered ample to support operations through regulatory review period for the M&A process.
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Latest events from Altice France Holding S.A
- Flat Q4 revenue masked weaker FY results and 6.4x leverage amid 2024 pressure.ALTICE
Q4 2023 - Q1 2026 saw revenue and EBITDA declines, major asset sales, and net leverage at 5.5x.ALTICEQ1 2026
- Revenue and EBITDA fell, but free cash flow rose and asset sales improved liquidity.ALTICEQ4 2025
- Revenue and EBITDA declined, but restructuring and asset sales improved liquidity and outlook.ALTICEQ3 2025
- Revenue and EBITDA declined, but debt restructuring improved liquidity and extended maturities.ALTICEQ1 2025
- Revenue and EBITDA declined, but debt restructuring and asset sales improve liquidity and leverage.ALTICEQ2 2025
- Revenue and EBITDA declined, but asset sales improved liquidity amid high leverage.ALTICEQ3 2024
- Revenue and EBITDA declined as deleveraging remains a key focus amid market headwinds.ALTICEQ2 2024
- FY 2024 revenue fell 5.6%, with debt restructuring and asset sales improving leverage.ALTICEQ4 2024
Next Altice France Holding S.A earnings date
Q3 202625 Nov, 2026
Altice France Holding S.A
Next Altice France Holding S.A earnings date
Q3 202625 Nov, 2026
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Frequently asked questions
Altice France Holding S.A., operating primarily under the brand Altice France, is a major telecommunications and media company. It offers a wide range of services including broadband internet, cable television, mobile telephony, and fixed-line telephony. Altice France also engages in content production and distribution, particularly in news and entertainment sectors, making it a prominent player in the French media landscape. The company is headquartered in Paris, France, and its shares are listed on the Euronext Amsterdam.