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Broadband

CityFibre FY net loss widens on financing costs

Tuesday 25 April 2017 | 10:58 CET | News
CityFibre said it made a net loss of GBP 12.6 million in full-year 2016, widening from GBP 6.4 million a year earlier as financing costs jumped to GBP 7.3 million from GBP 0.3 million a year earlier. Adjusted EBITDA meanwhile swung to a profit of GBP 2.5 million from a loss of GBP 2.9 million, in line with guidance given in January.

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Categories: Fixed
Companies: CityFibre
Countries: United Kingdom
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