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EI Towers reports EUR 16.8 million net profit in H1

Wednesday 31 July 2013 | 16:50 CET | News
Italian communication infrastructure operator EI Towers reported core revenues at EUR 115.8 million and a net result of EUR 16.8 million for the first half. EBITDA before non-recurring items was EUR 52.3 million, equal to 45.1 percent of revenues, while EBIT was EUR 29.8 million. Net debt stood at EUR 175.8 million, down from EUR 189.2 million at the end of 2012. An EBITDA higher than EUR 100 million is expected for 2013, thanks to the improvement in the core activity of hosting and services to clients. Finally, the board approved the partial demerger plan of Towertel in favor of EI Towers as

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Categories: Mobile & Wireless
Countries: Italy
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