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General

EI Towers net profits increase to EUR 33 million in 2013

Thursday 20 March 2014 | 16:37 CET | News
Italian communication infrastructure operator EI Towers ended 2013 with revenues unchanged year-on-year at EUR 231.6 million (EUR 232.6 million in 2012) but saw net profits increase to EUR 32.9 million from EUR 23.6 the previous year thanks to a diversification of revenue streams and a reduction in operating costs. EBITDA increased to EUR 105.6 million from EUR 95.2 million in 2012, while the company significantly reduced its net debt to EUR 131.2 million from EUR 189.2 million at the end of 2012. The operator, which is 65 percent owned by Italian commercial broadcaster Mediaset, said that

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Categories: General
Companies: EI Towers / Mediaset
Countries: Italy
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