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Altice Dominicana Q2 revenues fall 16% on Covid slowdown

Friday 31 July 2020 | 14:18 CET | News
Altice announced revenues of EUR 118 million for its Altice Dominicana brand in the Dominican Republic in the second quarter of 2020, down 16.1 percent year on year on a reported basis or 4.2 percent on a constant currency basis, attributed to a commercial slowdown prompted by the Covid-19 pandemic. Second-quarter EBITDA fell to EUR 59 million, down 8.5 percent year on year, although the EBITDA margin remained steady at 49.9 percent on a reported basis due to lower operating costs.

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Categories: General
Companies: Altice Dominicana
Countries: Dominican Republic
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