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General

Euskaltel Q1 revenues dip to EUR 172 mln on expansion costs

Tuesday 7 May 2019 | 15:23 CET | News
Spanish regional operator Euskaltel reported revenues of EUR 171.7 million in the first quarter of 2018, down from EUR 176.6 million a year earlier. Adjusted EBTIDA was EUR 81.1 million compared to EUR 84.2 million in Q1 2018, with the company's operating cash flow coming in slightly lower at EUR 46.5 million. In its statement, Euskaltel was keen to emphasise the impact of its transformation plans on its first quarter results. Describing 2019 as a "transitional year", the company's CEO Francisco Arteche said the figures "shouldn't be taken as a marker of the overall performance we expect for

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Categories: General
Companies: Euskaltel / Mediamarkt / R / Telecable
Countries: Spain
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