RHD Sees Positive 2007
R.H. Donnelley issued its 2007 financial guidance today at the Credit Suisse Annual Media & Telecom Conference.
The directory publisher is forecasting “positive sales growth” for the full year, with revenues reaching US$2.67 billion, and EBITDA of US$1.44 billion, a 54 percent EBITDA margin. The company also projected 2007 free cash flow of US$615 million and total debt of US$9.5 billion. RHD’s share price ended the day today at 64.05, up 2.28 percent.