Cincinnati Bell Inc. / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2020	€1.35B +1.5%	-€47.98M -16.5%	-3.6% +0.0077 pp	€376.37M -9.7%	28.0% -0.035 pp
2019	€1.33B +11.5%	-€57.48M -4.6%	-4.3% +0.0073 pp	€416.76M +10.9%	31.4% -0.0016 pp
2018	€1.19B +7.0%	-€60.24M -298.9%	-5.1% -0.078 pp	€375.68M +5.2%	31.6% -0.0054 pp
2017	€1.11B +8.7%	€30.29M -65.6%	2.7% -0.059 pp	€357.21M -9.9%	32.1% -0.066 pp
2016	€1.02B +1.5%	€88.12M -71.1%	8.6% -0.22 pp	€396.65M +16.5%	38.8% +0.050 pp
2015	€1.01B -8.6%	€305.26M +367.9%	30.3% +0.24 pp	€340.47M +10.3%	33.8% +0.058 pp
2014	€1.10B +1.7%	€65.25M -238.2%	5.9% +0.10 pp	€308.54M +29.7%	28.0% +0.060 pp
2013	€1.08B -14.7%	-€47.21M -588.4%	-4.4% -0.051 pp	€237.94M -52.5%	21.9% -0.17 pp
2012	€1.27B +0.8%	€9.67M -39.8%	0.8% -0.0051 pp	€500.47M +6.3%	39.3% +0.020 pp
2011	€1.26B +6.2%	€16.05M -34.3%	1.3% -0.0078 pp	€470.70M +21.3%	37.3% +0.046 pp
2010	€1.19B +3.1%	€24.42M -68.4%	2.1% -0.047 pp	€388.11M -2.4%	32.7% -0.018 pp
2009	€1.15B -4.8%	€77.33M -12.7%	6.7% -0.0061 pp	€397.60M -27.4%	34.5% -0.11 pp
2008	€1.21B +4.0%	€88.55M +40.2%	7.3% +0.019 pp	€547.86M +16.1%	45.2% +0.047 pp
2007	€1.16B +6.2%	€63.17M -15.2%	5.4% -0.014 pp	€472.08M +4.6%	40.6% -0.0063 pp
2006	€1.10B +5.0%	€74.48M -233.8%	6.8% +0.12 pp	€451.45M +12.4%	41.2% +0.027 pp
2005	€1.04B +0.2%	-€55.67M -200.5%	-5.3% -0.11 pp	€401.57M +7.1%	38.5% +0.025 pp
2004	€1.04B -22.5%	€55.41M -95.2%	5.3% -0.80 pp	€375.08M -0.5%	36.0% +0.080 pp
2003	€1.34B -27.7%	€1.15B -131.5%	85.5% +2.8 pp	€377.15M +18.6%	28.1% +0.11 pp
2002	€1.86B -8.3%	-€3.64B +1,375.3%	-195.8% -1.8 pp	€318.03M -59.4%	17.1% -0.22 pp
2001	€2.03B +14.7%	-€247.00M -24.1%	-12.2% +0.062 pp	€783.64M -23.3%	38.6% -0.19 pp
2000	€1.77B +81.2%	-€325.45M -1,301.0%	-18.4% -0.21 pp	€1.02B +70.3%	57.7% -0.037 pp
1999	€976.35M +27.8%	€27.10M -79.1%	2.8% -0.14 pp	€600.07M +33.4%	61.5% +0.026 pp
1998	€763.87M -49.6%	€129.37M -1,014.0%	16.9% +0.18 pp	€449.90M -9.5%	58.9% +0.26 pp
1997	€1.52B +11.6%	-€14.15M -108.9%	-0.9% -0.13 pp	€497.20M +41.1%	32.8% +0.069 pp
1996	€1.36B +17.8%	€159.66M -672.8%	11.8% +0.14 pp	€352.29M +31.1%	25.9% +0.026 pp
1995	€1.15B +8.8%	-€27.88M -144.4%	-2.4% -0.083 pp	€268.75M -25.5%	23.3% -0.11 pp
1994	€1.06B +12.7%	€62.74M -228.0%	5.9% +0.11 pp	€360.75M +14.6%	34.0% +0.0057 pp
1993	€940.36M -4.1%	-€49.02M -261.4%	-5.2% -0.083 pp	€314.66M -12.3%	33.5% -0.031 pp
1992	€980.67M +4.4%	€30.38M -17.6%	3.1% -0.0083 pp	€358.94M +21.8%	36.6% +0.052 pp
1991	€938.90M +7.4%	€36.85M -53.1%	3.9% -0.051 pp	€294.73M -5.7%	31.4% -0.044 pp
1990	€874.17M +12.5%	€78.54M -3.6%	9.0% -0.015 pp	€312.59M +10.6%	35.8% -0.0064 pp
1989	€776.73M	€81.47M	10.5%	€282.73M	36.4%