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Virgin Adds 42K Cable Subs in Q4

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LONDON -- Virgin Media Inc. (NASDAQ: VMED; LSE: VMED) announces results for the year and quarter ended December 31, 2012. Solid financial performance

  • Revenue up 2.7% to £4,101m for the year; up 1.6% to £1,040m for the quarter
  • OCF(1)up 4.0% to £1,654m for the year; up 4.4% to £442m for the quarter
  • Operating income of £699m for the year; £209m for the quarter
  • FCF(2)down 4.9% to £473m for the year; down 1.4% to £138m for the quarter
  • Net cash provided by operating activities of £1,040m for the year; £232m for the quarteR
  • Average number of shares in issue reduced 12% in the year with the repurchase of 21m shares
Virgin Media Inc.
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