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General

Digicel revenues down another 3% to USD 570 mln in March quarter

Thursday 4 July 2019 | 13:57 CET | News
Caribbean-focused operator Digicel told bondholders that its revenues fell around 3 percent year on year to USD 570 million in its fiscal fourth quarter to the end of March due in part to unfavourable foreign currency effects, according to an unnamed source cited by the Irish Times. Underlying revenues would have risen 1 percent to USD 595 million without the impact of currency fluctuations and one-off costs, while quarterly earnings fell 9 percent to USD 210 million, said the report.

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Categories: General
Companies: Digicel
Countries: Caribbean / Latin America
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