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General

Altice Dominicana revenues down 15% in Q3 on Covid and FX impact

Friday 20 November 2020 | 11:36 CET | News
Altice announced revenues of EUR 119 million for its Altice Dominicana brand in the Dominican Republic in the third quarter of 2020, down 15.9 percent year on year on a reported basis compared to the year-earlier result of EUR 140 million due above all to an 8.9 percent fall in the value of the Dominican peso coupled with the ongoing commercial impact of the Covid-19 pandemic. Third-quarter EBITDA fell to EUR 59 million, down 18.2 percent year on year, although operating free cash flow remained steady at EUR 38 million.

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Categories: General
Companies: Altice Dominicana
Countries: Dominican Republic
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