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General

Claro Peru sales up 6%, profits plunge 31% in Q4

Friday 3 February 2017 | 10:40 CET | News
Claro Peru's fourth-quarter revenues rose 5.8 percent year-on-year to PEN 1.38 billion, with service revenues increasing 2.9 percent, the operator's best performance in five quarters. However, America Movil's Peruvian subsidiary also reported a 30.9 percent year-on-year decline in EBTIDA to PEN 214 million in spite of aggressive marketing and promotions over the festive season. The company's EBITDA margin fell from 23.8 percent to 15.5 percent of revenues.

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