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General

America Movil's EBITDA up 13.5% in Mexico on customer growth

Wednesday 14 February 2018 | 09:40 CET | News
America Movil reported fourth-quarter revenues for its domestic market of Mexico down 0.9 percent from a year earlier to MXN 72.0 billion but service revenues were up 3.3 percent year on year to MXN 51.9 billion on the back of an 8.3 percent growth in mobile service revenues. The company's EBITDA for the quarter surged 13.5 percent year on year to MXN 23.1 billion after turning EBITDA positive for the first time in 11 quarters in Q3. The EBITDA margin also rose, by over 4 percentage points, to 32.1 percent of revenues in the fourth quarter.

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Categories: General
Companies: America Movil / IFT / Telcel / Telmex / Telnor
Countries: Mexico
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