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General

Claro Central America Q4 sales down 3.8% on Nicaragua decline

Wednesday 13 February 2019 | 11:32 CET | News
America Movil's combined Central American units, operating under the Claro brand, reported fourth-quarter revenues down 3.8 percent year on year to USD 582 million, attributed to a sharp decline in Nicaragua and negative currency effects. Service revenues in the region fell 3.2 percent to USD 524 million, while EBITDA plummeted 15.9 percent to USD 177 million and the EBITDA margin was down 4.4 points at 30.4 percent.

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Categories: General
Companies: America Movil / Claro
Countries: Central America
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