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EI Towers revenues up 5% to EUR 65 mln in Q1

Friday 5 May 2017 | 12:03 CET | News
Mediaset-owned EI Towers reported revenues of EUR 64.7 million in the first quarter, up 5.2 percent compared to the year-earlier result of EUR 61.5 million. The company's net profit for the first three months of the year also improved, to EUR 14.6 million from EUR 12.8 million a year earlier, representing 22.6 percent of core revenues, while its EBITDA rose 8.3 percent year on year to EUR 33.0 million. EI Towers said the first quarter results were in line with expectations and its board confirmed the previously disclosed financial outlook.

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Categories: Broadcast & Satellite / Mobile & Wireless
Companies: Mediaset
Countries: Italy
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