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General

Digi Communications revenues up 21%, but moves to net loss of EUR 18 mln in Q1

Thursday 16 May 2019 | 10:26 CET | News
Digi Communications saw its revenues increase 20.8 percent to EUR 281.2 million in Q1. However, the company registered a net loss of EUR 17.6 million, a deterioration compared with a profit of EUR 14.8 million a year ago as a result of increasing costs and a lower growth in revenues. Spain operations recorded the highest growth in revenues, by 50.6 percent to EUR 40.5 million, followed by Hungary with 47.5 percent and Romania with 10.7 percent. However, revenue from operations in Italy dropped 5.5 percent to EUR 5.2 million.

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Categories: General
Companies: Digi / RCS&RDS
Countries: Hungary / Romania / Spain
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