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General

Algar Telecom Q3 revenue up 6.3% to BRL 656 million

Thursday 10 November 2016 | 17:32 CET | News
Brazilian regional operator Algar Telecom ended the third quarter of 2016 with net revenue of BRL 656 million, up 6.3 percent on the same period in 2015. EBITDA was BRL 181.3 million (+2.1%), with the EBITDA margin at 28 percent. EBIT fell 3.2 percent to BRL 102.6 million, giving a margin of 16 percent. The net profit reached BRL 40 million, a drop of 4.8 percent from a year earlier. At the end of Q3, Algar counted 3.5 million RGUs, a net addition of 304,000 compared to the previous year.

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Categories: General
Companies: Algar Telecom
Countries: Brazil
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