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General

Euskaltel posts first sales growth in three years

Friday 26 February 2016 | 14:37 CET | News
Spanish regional operator Euskaltel, present in the Basque Country, reported revenues of EUR 327.8 million in 2015, compared to EUR 321.2 million the previous year, its first annual sales growth since 2012. The operator also added over 100,000 mobile lines thanks to its takeover of Galician cable provider R to reach a total of 368,000 active lines. Including R, revenues increased 8.8 percent to EUR 349.4 million. Adjusted EBTIDA, excluding costs relating to the R merger and its recent IPO, rose 1.5 percent to EUR 158.1 million, while net profit increased 16.9 percent to EUR 46.9 million. The

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Categories: General
Companies: Euskaltel / R
Countries: Spain
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