Updates

Alternative Networks - Cashflow remains strong

January 2010

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

We met again with AN following the release of 2009 results. Adjusted pretax profit was down 14% to Â£9.1m on sales down 4% to Â£90m. Eps were down 16% to 14.4p. Despite falling profits and sales the overall picture remains positive. Regardless of the tougher climate AN generated free cashflow of Â£7.9m despite Â£3.4m being spent on buybacks and dividends. On the mobile side, AN is one of the UK's largest independent B2B service providers for O2 and Vodafone. Last year this side saw sales and gross profit drop 5% to Â£41.6m. Underlying this was the addition of 16,000 new connections but a high churn, as customers sought better deals elsewhere, resulted in a net 3,300 connections added. That means AN had 55,299 connectio ...

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Alternative Networks (December 2016)

Alternative Networks (May 2012)

Alternative Networks (January 2012)

Alterantive Networks - Double digit organic growth in mobile revenues (November 2011)

Alternative Networks - Expects to lift dividend 10% in each of next two years (May 2011)

Alternative Networks (November 2010)

Alternative Networks (November 2008)

Alternative Networks - Announces buy back of shares (August 2008)

Alternative Networks (June 2008)

Alternative Networks - Benefits from better buying after Echo (January 2008)

Alternative Networks - Buys PBX installer (October 2007)

Alternative Networks - Converged devices help maintain ARPU (July 2007)

Alternative Networks - Furious growth on mobile side (March 2007)

Alternative Networks - Strong track record (February 2007)

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