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General

Cellnex sales climb 12% in 2017 as sites grow 25% YoY

Friday 16 February 2018 | 10:35 CET | News
Spanish operator Cellnex Telecom reported full-year revenues of EUR 792 million in 2017, up 12 percent on the year-earlier result, with the company's EBITDA rising 22 percent to EUR 355 million. However, net profit for the 12-month period fell 18 percent to EUR 33 million, attributed to the impact of costs associated with the company's heavy investments, up 68 percent year on year and geographic expansion. During 2017 Cellnex invested over EUR 1.2 billion to growth operations in France, the Netherlands, Italy, the UK and Switzerland.

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Categories: General
Companies: Cellnex
Countries: Europe / Spain
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