Consistent Execution Delivers Solid Financial
and Operating Performance
Interxion Holding NV (NYSE: INXN), a leading European provider
of carrier and cloud-neutral colocation data centre services,
announced its results today for the three months ended 30 September
2015.
Financial Highlights
- Revenue increased by 13% to €98.0
million (3Q 2014: €86.4 million).
- Adjusted EBITDA1 increased by 17% to
€43.7 million (3Q 2014: €37.3 million).
- Adjusted EBITDA margin increased to
44.6% (3Q 2014: 43.1%).
- Net profit increased to €10.4 million
(3Q 2014: €9.0 million).
- Adjusted net profit1 increased to €8.7
million (3Q 2014: €8.0 million).
- Earnings per diluted share were €0.15
(3Q 2014: €0.13).
- Adjusted earnings per diluted share1
were €0.12 (3Q 2014: €0.11).
- Capital Expenditures, including
intangible assets2, were €35.3 million (3Q 2014: €57.0
million).
Operating Highlights
- Equipped Space increased by 1,900
square metres to 100,200 square metres.
- Revenue Generating Space increased by
900 square metres to 78,000 square metres.
- Utilisation Rate at the end of the
quarter was 78%.
- Expansion projects in Madrid and
Marseille completed during the quarter.
- Announced on 3 November, the build of
new data centres in Amsterdam (AMS8), Copenhagen (CPH2), and Dublin
(DUB3) and the further expansion in Frankfurt (FRA10).
"Interxion posted very solid results in the third quarter,
reflecting the Company's continued focus on financial discipline
and operational execution," said David Ruberg, Interxion's Chief
Executive Officer. "As the cloud roll out across Europe gains
momentum, Interxion continues to deliver value to customers and
strong returns for our shareholders through a differentiated
service offering and the creation of complementary Communities of
Interest, combined with disciplined capital allocation."
Quarterly Review
Revenue in the third quarter of 2015 was €98.0 million, a 13%
increase over the third quarter of 2014 and a 3% increase over the
second quarter of 2015. Recurring revenue was €92.8 million, a 15%
increase over the third quarter of 2014 and a 3% increase over the
second quarter of 2015. Recurring revenue in the quarter was 95% of
total revenue.
Cost of sales in the third quarter of 2015 was €38.5 million, an
8% increase over the third quarter of 2014 and a 2% increase over
the second quarter of 2015.
Gross profit was €59.5 million in the third quarter of 2015, a
17% increase over the third quarter of 2014 and a 3% increase over
the second quarter of 2015. Gross profit margin was 60.7% in the
third quarter of 2015 compared to 58.9% in the third quarter of
2014 and 60.5% in the second quarter of 2015.
Sales and marketing costs in the third quarter of 2015 were €6.9
million, a 17% increase over the third quarter of 2014 and a 4%
decrease from the second quarter of 2015.
Other general and administrative costs were €8.8 million in the
third quarter of 2015, a 15% increase over the third quarter of
2014 and a 3% increase from the second quarter of 2015. Other
general and administrative costs exclude depreciation,
amortisation, impairments, share-based payments, M&A
transaction costs and the movement in the provision for onerous
lease contracts.
Adjusted EBITDA for the third quarter of 2015 was €43.7 million,
a 17% increase over the third quarter of 2014 and a 4% increase
over the second quarter of 2015. Adjusted EBITDA margin was 44.6%
in the third quarter of 2015 compared to 43.1% in the third quarter
of 2014 and 44.0% in the second quarter of 2015.
Depreciation, amortisation, and impairments in the third quarter
of 2015 was €20.3 million, an increase of 26% from the third
quarter of 2014 and a 3% increase from the second quarter of
2015.
Operating profit in the third quarter of 2015 was €21.6 million,
an increase of 9% from the third quarter of 2014, and a 43%
decrease from the second quarter of 2015. Both the second and third
quarter operating profit results were impacted by M&A
transaction related items. Adjusting for these items, operating
profit was €22.0 million in the third quarter of 2015, an increase
of 11% over the third quarter of 2014 and an increase of 6% over
the second quarter of 2015.
Net finance costs for the third quarter of 2015 were €6.4
million, an 8% decrease over the third quarter of 2014, and a 19%
decrease from the second quarter of 2015. Reported as part of net
finance costs in the quarter was a €2.3 million gain following the
sale of a financial asset.
Income tax expense for the third quarter of 2015 was €4.7
million, a 23% increase over the third quarter of 2014, and a 42%
decrease from the second quarter of 2015.
Net profit was €10.4 million in the third quarter of 2015, a 16%
increase over the third quarter of 2014, and a 52% decrease from
the second quarter of 2015.
Adjusted net profit was €8.7 million in the third quarter of
2015, a 9% increase over the third quarter of 2014, and a 5%
increase from the second quarter of 2015.
Cash generated from operations, defined as cash generated from
operating activities before interest and corporate income tax
payments and receipts, was €43.0 million in the third quarter of
2015, compared to €33.6 million in the third quarter of 2014, and
€54.1 million in the second quarter of 2015. Cash generated from
operations in the second quarter of 2015 included the receipt of
the £15 million (€20.9 million) payment related to the termination
of the implementation agreement with TelecityGroup.
Capital expenditures, including intangible assets, were €35.3
million in the third quarter of 2015 compared to €57.0 million in
the third quarter of 2014 and €47.8 million in the second quarter
of 2015.
Cash and cash equivalents were €50.0 million at 30 September
2015, compared to €99.9 million at year end 2014. Total borrowings,
net of deferred revolving facility financing fees, were €541.0
million at 30 September 2015 compared to €560.6 million at year end
2014. As of 30 September 2015, the company’s revolving credit
facility was undrawn.
Equipped space at the end of the third quarter of 2015 was
100,200 square metres compared to 88,600 square metres at the end
of the third quarter of 2014 and 98,300 square metres at the end of
the second quarter of 2015. Utilisation rate, the ratio of
revenue-generating space to equipped space, was 78% at the end of
the third quarter of 2015, compared with 77% at the end of the
third quarter of 2014 and 78% at the end of the second quarter of
2015.
Business Outlook
Interxion today reaffirms guidance for its Revenue and Adjusted
EBITDA, and Capital expenditures (including intangibles) for full
year 2015:
Revenue €375 million – €388 million Adjusted EBITDA
€162 million – €172 million Capital expenditures (including
intangibles) €180 million – €200 million
Conference Call to Discuss Results
Interxion will host a conference call today at 8:30 a.m. ET
(1:30 pm GMT, 2:30 pm CET) to discuss its third quarter 2015
results.
To participate in this call, U.S. callers may dial toll free
1-866-966-1396; callers outside the U.S. may dial direct +44 (0)
2071 928 000. The conference ID for this call is “INXN”. This event
also will be webcast live over the Internet in listen-only mode at
investors.interxion.com.
A replay of this call will be available shortly after the call
concludes and will be available until 10 November 2015. To access
the replay, U.S. callers may dial toll free 1-866-247-4222; callers
outside the U.S. may dial direct +44 (0) 1452 550 000. The replay
access number is 53506531.
Forward-looking Statements
This communication contains forward-looking statements that
involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in
such forward-looking statements. Factors that could cause actual
results and future events to differ materially from Interxion’s
expectations include, but are not limited to, the difficulty of
reducing operating expenses in the short term, the inability to
utilise the capacity of newly planned data centres and data centre
expansions, significant competition, the cost and supply of
electrical power, data centre industry over-capacity, performance
under service level agreements, certain other risks detailed herein
and other risks described from time to time in Interxion’s filings
with the United States Securities and Exchange Commission (the
“SEC”).
Interxion does not assume any obligation to update the
forward-looking information contained in this report.
Use of Non-IFRS Information
EBITDA is defined as operating profit plus depreciation,
amortisation and impairment of assets. We define Adjusted EBITDA as
EBITDA adjusted to exclude share-based payments, M&A
transaction costs, increase/decrease in provision for onerous lease
contracts, M&A transaction break fee income, and income from
sub-leases of unused data centre sites. Adjusted EBITDA margin is
defined as Adjusted EBITDA as a percentage of revenue. We present
EBITDA, Adjusted EBITDA and Adjusted EBITDA margin as additional
information because we understand that they are measures used by
certain investors and because they are used in our financial
covenants in the €100 million revolving facility and €475 million
6.00% Senior Secured Notes due 2020. A reconciliation from Net
profit to EBITDA and EBITDA to Adjusted EBITDA is provided in the
notes to our consolidated interim income statement.
Adjusted net profit is defined as Net profit excluding the
impact of refinancing charges, M&A transaction costs, M&A
transaction break fee income, profit on sale of financial asset,
increase / decrease in the provision for onerous lease contracts,
interest capitalised, and the related corporate income tax effect
with respect to the foregoing items.
Other companies may, however, present EBITDA, Adjusted EBITDA,
Adjusted EBITDA margin and Adjusted net profit differently than we
do. EBITDA, Adjusted EBITDA, Adjusted EBITDA margin and Adjusted
net profit are not measures of financial performance under IFRS and
should not be considered as an alternative to operating profit or
as a measure of liquidity or an alternative to net income as
indicators of our operating performance or any other measure of
performance derived in accordance with IFRS. Interxion does not
provide forward-looking estimates of Net profit, Operating profit,
depreciation, amortisation, and impairments, share-based payments,
M&A transaction costs or increase/decrease in provision for
onerous lease contracts, and income from sub-leases of unused data
centre sites, which it uses to reconcile to Adjusted EBITDA. The
Company is, therefore, unable to provide forward-looking
reconciling information for Adjusted EBITDA.
About Interxion
Interxion (NYSE: INXN) is a leading provider of carrier and
cloud-neutral colocation data centre services in Europe, serving a
wide range of customers through 40 data centres in 11 European
countries. Interxion’s uniformly designed, energy efficient data
centres offer customers extensive security and uptime for their
mission-critical applications.
With over 500 connectivity providers, 20 European Internet
exchanges, and most leading cloud and digital media platforms
across its footprint, Interxion has created connectivity, cloud,
content and finance hubs that foster growing customer communities
of interest. For more information, please
visit www.interxion.com.
1 Adjusted EBITDA, Adjusted net profit, and Adjusted earnings
per diluted share are non-IFRS figures intended to adjust for
unusual items. Full definitions can be found in the “Use of
non-IFRS information” section later in this press release.
Reconciliations of Adjusted EBITDA and Adjusted net profit to Net
profit can be found in the financial tables later in this press
release.
2 Capital expenditures, including intangible assets, represent
payments to acquire property, plant, and equipment and intangible
assets, as recorded in the consolidated statement of cash flows as
"Purchase of property, plant and equipment" and "Purchase of
intangible assets", respectively.
INTERXION HOLDING NV
CONSOLIDATED INCOME STATEMENT (in €'000 ― except per share
data and where stated otherwise) (unaudited)
Three Months Ended Nine Months Ended
30 Sep
30 Sep
30 Sep 30 Sep
2015 2014
2015 2014
Revenue 97,976 86,446 285,907
250,702 Cost of sales (38,464 ) (35,531 ) (112,409 )
(102,107 )
Gross profit
59,512 50,915 173,498 148,595 Other
income 142 57 21,202 167 Sales and marketing costs (6,943 ) (5,926
) (20,832 ) (18,021 ) General and administrative costs (31,152 )
(25,211 ) (101,135 ) (71,199 )
Operating profit
21,559 19,835 72,733 59,542 Net finance
expense (6,407 ) (6,986 ) (20,938 ) (19,875 )
Profit
before taxation 15,152 12,849 51,795
39,667 Income tax expense (4,737 ) (3,855 ) (15,368 )
(11,992 )
Net profit 10,415 8,994
36,427 27,675
Basic earnings per share: (€)
0.15 0.13 0.52 0.40 Diluted earnings per share: (€) 0.15 0.13 0.52
0.40 Number of shares outstanding at the end of the
period (shares in thousands) 69,638 69,161 69,638 69,161 Weighted
average number of shares for Basic EPS (shares in thousands) 69,619
69,118 69,526 68,985 Weighted average number of shares for Diluted
EPS (shares in thousands) 70,612 70,039 70,561 69,921
As at 30 Sep 30 Sep
Capacity
metrics
2015
2014 Equipped space (in square meters) 100,200 88,600 Revenue
generating space (in square meters) 78,000 68,500 Utilisation rate
78 % 77 %
INTERXION HOLDING NV NOTES TO CONSOLIDATED
INCOME STATEMENT: SEGMENT INFORMATION (in €'000 ― except where
stated otherwise) (unaudited)
Three
Months Ended Nine Months Ended
30 Sep
30 Sep
30 Sep 30 Sep
2015 2014
2015 2014
Consolidated
Recurring revenue 92,753 80,863 270,101 235,466
Non-recurring revenue 5,223 5,583 15,806
15,236
Revenue 97,976 86,446
285,907 250,702 Adjusted
EBITDA 43,732 37,275 126,366
107,686 Gross profit margin 60.7
% 58.9 % 60.7 % 59.3
% Adjusted EBITDA margin 44.6 %
43.1 % 44.2 % 43.0 %
Total assets 1,208,485 1,134,861 1,208,485 1,134,861 Total
liabilities 719,963 708,601 719,963 708,601 Capital expenditure,
including intangible assets (a) (35,270 ) (57,041 ) (150,675 )
(168,456 )
France, Germany,
the Netherlands, and the UK
Recurring revenue 59,461 50,950 171,765 147,929
Non-recurring revenue 3,758 3,901 10,380 9,904
Revenue 63,219 54,851
182,145 157,833 Adjusted EBITDA
34,907 29,226 99,525
84,408 Gross profit margin 62.3
% 60.5 % 62.3 % 61.1
% Adjusted EBITDA margin 55.2 %
53.3 % 54.6 % 53.5 %
Total assets 852,020 760,212 852,020 760,212 Total
liabilities 175,537 165,599 175,537 165,599 Capital expenditure,
including intangible assets (a) (26,624 ) (37,322 ) (96,935 )
(116,495 )
Rest of
Europe
Recurring revenue 33,292 29,913 98,336 87,537 Non-recurring
revenue 1,465 1,682 5,426 5,332
Revenue 34,757 31,595
103,762 92,869 Adjusted EBITDA
19,784 16,767 58,104
49,198 Gross profit margin 64.3
% 61.5 % 64.2 % 62.0
% Adjusted EBITDA margin 56.9 %
53.1 % 56.0 % 53.0 %
Total assets 308,934 263,009 308,934 263,009 Total
liabilities 57,150 53,817 57,150 53,817 Capital expenditure,
including intangible assets (a) (6,022 ) (17,696 ) (49,436 )
(47,648 )
Corporate and
other
Adjusted EBITDA (10,959
) (8,718 ) (31,263 )
(25,920 ) Total assets 47,531 111,640 47,531
111,640 Total liabilities 487,276 489,185 487,276 489,185 Capital
expenditure, including intangible assets (a) (2,624 ) (2,023 )
(4,304 ) (4,313 )
(a) Capital expenditure, including intangible assets, represents
payments to acquire property, plant and equipment and intangible
assets, as recorded in the consolidated statement of cash flows as
"Purchase of property, plant and equipment" and "Purchase of
intangible assets", respectively.
INTERXION HOLDING NV NOTES TO CONSOLIDATED INCOME
STATEMENT: ADJUSTED EBITDA RECONCILIATION (in €'000 ― except
where stated otherwise) (unaudited)
Three Months Ended Nine Months Ended 30 Sep 30
Sep
30 Sep 30 Sep
2015 2014
2015 2014
Reconciliation to
Adjusted EBITDA
Consolidated
Net profit 10,415 8,994 36,427
27,675 Income tax expense 4,737 3,855 15,368
11,992
Profit before taxation 15,152
12,849 51,795 39,667 Net finance expense 6,407
6,986 20,938 19,875
Operating
profit 21,559 19,835 72,733 59,542
Depreciation, amortisation and impairments 20,251 16,025
58,043 44,870
EBITDA 41,810
35,860 130,776 104,412 Share-based payments
1,664 1,472 5,694 4,246 Increase/(decrease) in provision for
onerous lease contracts (84 ) - (184 ) (805 ) M&A transaction
break fee income (a) - - (20,923 ) - M&A transaction costs (b)
484 - 11,282 - Income from sub-leases on unused data centre sites
(142 ) (57 ) (279 ) (167 )
Adjusted EBITDA 43,732
37,275 126,366 107,686
France, Germany,
the Netherlands, and the UK
Operating profit 21,714 18,420
61,516 55,452 Depreciation, amortisation and
impairments 13,066 10,528 37,327 28,968
EBITDA 34,780 28,948 98,843
84,420 Share-based payments 353 335 1,145 960
Increase/(decrease) in provision for onerous lease contracts (84 )
- (184 ) (805 ) Income from sub-leases on unused data centre sites
(142 ) (57 ) (279 ) (167 )
Adjusted EBITDA 34,907
29,226 99,525 84,408
Rest of
Europe
Operating profit 13,464 11,857
40,017 35,158 Depreciation, amortisation and
impairments 6,113 4,610 17,475 13,386
EBITDA 19,577 16,467 57,492
48,544 Share-based payments 207 300 612
654
Adjusted EBITDA
19,784 16,767 58,104
49,198
Corporate and
Other
Operating profit/(loss) (13,619 )
(10,442 ) (28,800 ) (31,068
) Depreciation, amortisation and impairments 1,072
887 3,241 2,516
EBITDA (12,547
) (9,555 ) (25,559 )
(28,552 ) Share-based payments 1,104 837 3,937 2,632
M&A transaction break fee income (a) - - (20,923 ) - M&A
transaction costs (b) 484 - 11,282 -
Adjusted EBITDA (10,959 ) (8,718
) (31,263 ) (25,920 )
(a) On 9 March 2015 the Company signed the definitive agreement
on an all-share merger (the “Implementation Agreement”) with
TelecityGroup plc ("TelecityGroup") on the terms as announced on 11
February 2015. Following termination of the Implementation
Agreement on 29 May 2015, the Company received a cash break-up fee
of £15 million from TelecityGroup which is reported as “Other
income”.
(b) M&A transaction costs represent expenses associated with
the Implementation Agreement and its subsequent termination on 29
May 2015.
INTERXION HOLDING NV CONSOLIDATED BALANCE SHEET (in
€'000 ― except where stated otherwise) (unaudited)
As at 30 Sep 31 Dec
2015 2014
Non-current assets
Property, plant and equipment 974,895 895,184 Intangible assets
22,237 18,996 Deferred tax assets 23,629 30,064 Financial assets -
774 Other non-current assets 6,255 5,750
1,027,016 950,768 Current assets Trade
receivables and other current assets 131,439 120,762 Short term
investments - 1,650 Cash and cash equivalents 50,030 99,923
181,469 222,335 Total
assets 1,208,485 1,173,103
Shareholders’ equity Share capital 6,957 6,932 Share premium
502,621 495,109 Foreign currency translation reserve 18,819 10,440
Hedging reserve, net of tax (213 ) (247 ) Accumulated deficit
(39,662 ) (76,089 )
488,522 436,145 Non-current
liabilities Trade payables and other liabilities 12,858 12,211
Deferred tax liabilities 9,897 7,029 Provision for onerous lease
contracts - 1,491 Borrowings 539,482 540,530
562,237 561,261 Current liabilities Trade
payables and other liabilities 148,485 146,502 Income tax
liabilities 4,516 4,690 Provision for onerous lease contracts 2,379
3,443 Borrowings 2,346 21,062
157,726
175,697 Total liabilities 719,963
736,958 Total liabilities and shareholders’
equity 1,208,485 1,173,103
INTERXION HOLDING NV NOTES TO THE CONSOLIDATED BALANCE
SHEET: BORROWINGS (in €'000 ― except where stated otherwise)
(unaudited)
As at 30 Sep 31 Dec
2015 2014
Borrowings net of
cash and cash equivalents
Cash and cash equivalents (a) 50,030
99,923 6.00% Senior Secured Notes due
2020 (b) 475,539 475,643 Mortgages 30,187 31,487 Financial leases
34,497 52,857 Other borrowings 1,605 1,605
Borrowings excluding Revolving Facility deferred financing
costs 541,828 561,592 Revolving
Facility deferred financing costs (c) (779 ) (995 )
Total
borrowings 541,049 560,597
Borrowings net of cash and cash equivalents
491,019 460,674
(a) Cash and cash equivalents include €4.3 million as of 30
September 2015 and €7.1 million as of 31 December 2014, which is
restricted and held as collateral to support the issuance of bank
guarantees on behalf of a number of subsidiary companies.
(b) €475 million 6.00% Senior Secured Notes due 2020 include a
premium on the additional issuance and are shown after deducting
underwriting discounts and commissions, offering fees and
expenses.
(c) Deferred financing costs of €0.8 million as of 30 September
2015 were incurred in connection with the €100 million revolving
facility.
INTERXION HOLDING NV CONSOLIDATED STATEMENT OF CASH
FLOWS (in €'000 ― except where stated otherwise) (unaudited)
Three Months Ended
Nine Months Ended 30 Sep 30 Sep
30 Sep 30 Sep
2015 2014
2015 2014 Net profit 10,415
8,994 36,427 27,675 Depreciation, amortisation and impairments
20,251 16,025 58,043 44,870 Provision for onerous lease contracts
(879 ) (859 ) (2,653 ) (3,313 ) Share-based paymens 1,664 1,472
5,694 4,246 Net finance expense 6,407 6,986 20,938 19,875 Income
tax expense 4,737 3,855 15,368 11,992
42,595 36,473 133,817 105,345 Movements in trade receivables and
other current assets (216 ) (7,848 ) (9,581 ) (19,077 ) Movements
in trade payables and other liabilities 584 5,012
7,067 8,607
Cash generated from operations
42,963
33,637 131,303 94,875 Interest and fees paid
(a) (14,107 ) (11,711 ) (29,129 ) (23,772 ) Interest received 37
114 117 238 Income tax paid (4,107 ) (1,950 ) (9,167 ) (4,151 )
Net cash flows from / (used in) operating activities
24,786 20,090 93,124 67,190
Cash flows from investing activities Purchase of property,
plant and equipment (33,399 ) (56,251 ) (145,628 ) (166,276 )
Purchase of intangible assets (1,871 ) (790 ) (5,047 ) (2,180 )
Proceeds from sale of financial asset 3,063 - 3,063 - Redemption of
short-term investments - - 1,650 -
Net cash flows from / (used in) investing activities
(32,207 ) (57,041 ) (145,962
) (168,456 ) Cash flows from
financing activities Proceeds from exercised options 12 1,444
2,420 2,846 Proceeds from mortgages - - - 9,185 Repayment of
mortgages (320 ) (320 ) (1,360 ) (1,054 ) Proceeds revolving
facility - - - 30,000 Repayments revolving facility - - - (30,000 )
Proceeds 6.00% Senior Secured Notes due 2020 - (504 ) - 157,878
Interest received at issue of Additional Notes - - - 2,600 Interest
paid related to interest received at issue of Additional Notes -
(2,600 ) - (2,600 ) Transaction costs related to Senior Secured
Facility - (275 ) - (646 ) Repayment of other borrowings (31 ) 8
(31 ) (15 )
Net cash flows from / (used in) financing
activities (339 ) (2,247 )
1,029 168,194 Effect of exchange rate changes on cash
692 73 1,916 137
Net increase /
(decrease) in cash and cash equivalents (7,068 )
(39,125 ) (49,893 ) 67,065 Cash
and cash equivalents, beginning of period 57,098 151,880
99,923 45,690
Cash and cash equivalents,
end of period 50,030 112,755
50,030 112,755
(a) Interest paid is reported net of cash interest capitalized,
which is reported as part of “Purchase of property, plant and
equipment".
INTERXION HOLDING NV NOTES TO CONSOLIDATED INCOME
STATEMENT: ADJUSTED NET PROFIT RECONCILIATION (in € millions ―
except per share data and where stated otherwise) (unaudited)
Three Months Ended
Nine Months Ended 30 Sep 30 Sep
30 Sep 30 Sep
2015 2014
2015 2014 (€ in millions - except per share
data)
Net profit - as reported 10.4 9.0
36.4 27.7 Add back + Refinancing
charges - - - 0.6 + M&A transaction costs 0.5 -
11.3 - 0.5 - 11.3 0.6
Reverse - M&A
transaction break fee income - - (20.9 ) - - Profit on sale of
financial asset (2.3 ) - (2.3 ) - - Increase / (decrease) in
provision for onerous lease contracts (0.1 ) - (0.2 ) (0.8 ) -
Interest capitalised (0.4 ) (1.3 ) (2.0 ) (3.0 ) (2.8 ) (1.3 )
(25.4 ) (3.8 )
Tax effect of above add backs &
reversals 0.6 0.3 3.5 0.8
Adjusted net profit 8.7 8.0
25.8 25.4 Reported basic EPS:
(€) 0.15 0.13 0.52 0.40 Reported diluted EPS: (€) 0.15 0.13 0.52
0.40 Adjusted basic EPS: (€) 0.12 0.12 0.37 0.37 Adjusted
diluted EPS: (€) 0.12 0.11 0.37 0.36
INTERXION HOLDING NV
Status of Announced Expansion Projects as at 4 November 2015
with Target Open Dates after 1 January 2015
Equipped
CAPEX (a) (b)
Space (a)
Market Project (€million)
(sqm) Target Opening Dates
Amsterdam AMS 7: Phases 1 - 6 New Build 115 7,600 fully opened
Amsterdam AMS 8: Phases 1 - 2 New Build 50 2,600 4Q 2016
Copenhagen CPH2: Phase 1 New Build 4 500 3Q 2016
Dublin DUB3: Phases 1 - 2 New Build 28 1,200 4Q 2016
Dusseldorf DUS 1: Phase 3 Expansion 3 400 fully opened
Dusseldorf DUS 2: Phase 1 New Build 13 600 1Q 2016 Frankfurt
FRA 10: Phases 1 - 4 New Build 92 4,800 1Q 2016 - 4Q 2016 (c)
Madrid MAD 2: Phase 2 Expansion 4 800 fully opened
Marseille MRS 1: Phases 1 - 2 20 1,400 fully opened (d)
Stockholm STO 4: New Build 15 1,100 fully opened Vienna VIE
2: New Build 42 2,800 4Q 2014 - 4Q 2015 (e)
Total
€ 386 23,800
(a) CAPEX and Equipped space are approximate and may change.
Figures are rounded to nearest 100 sqm unless otherwise noted.
(b) CAPEX reflects the total spend for the projects listed at
full power and capacity and the amounts shown in the table above
may be invested over the duration of more than one fiscal year.
(c) Phases 1 and 2 (1,200 square metres each) are scheduled to
become operational in 1Q 2016 and 2Q 2016, respectively; phases 3
& 4 (1,200 square metres each) are scheduled to become
operational in 4Q 2016.
(d) Phase 1 (600 square metres) became operational in 4Q 2014.
Phase 2 (800 square metres) became available in 3Q 2015.
(e) In 4Q 2014, 1,300 square metres became operational; in 1Q
2015, 600 square metres became operational; in 2Q 2015, 600 square
metres became operational. In 4Q 2015, 300 square metres are
scheduled to become operational.
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version on businesswire.com: http://www.businesswire.com/news/home/20151104005178/en/
Interxion Holding NVJim Huseby, +1-813-644-9399Investor
RelationsIR@interxion.com
InterXion Holding NV (NYSE:INXN)
過去 株価チャート
から 6 2024 まで 7 2024
InterXion Holding NV (NYSE:INXN)
過去 株価チャート
から 7 2023 まで 7 2024