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General

Cellnex 9-mth revenues rise 15% to EUR 665 mln, EBITDA up 19%

Friday 9 November 2018 | 09:41 CET | News
Spanish operator Cellnex Telecom reported revenues of EUR 665 million in the 9 months to September, up 15 percent on the year-earlier result, with EBITDA rising 19 percent to EUR 439 million following the adoption of IFRS16 accounting standards. The company's net profit came in at EUR 20 million, down from EUR 33 million a year earlier due to the higher amortisations (up 19% on a like for like basis) and financial costs (up 42% year on year to EUR 392 million) associated with the group's growth and geographic expansion.

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Categories: General
Companies: Cellnex
Countries: Europe / Spain
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