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CyrusOne raises div after strong Q2, announces retirement of CFO

Thursday 30 July 2020 | 14:39 CET | News
Data centre group CyrusOne reported a strong set of results for the second quarter, with higher revenues and profit boosted by strong demand from the US and Europe and a positive contribution from the company's joint venture in China. CEO Bruce Duncan said the nearly USD 100 revenue backlog positions the company well for the future, while its strengthened balance sheet, with USD 1.5 billion in available liquidity, will let it amply fund its development pipeline. As a result, the company has raised its quarterly dividend to USD 0.51 per share, from 0.50 per share in the previous quarter.

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Categories: Fixed
Companies: CyrusOne
Countries: World
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