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General

Euskaltel revenues up 2% in Q3 on record customer growth

Wednesday 28 October 2020 | 09:13 CET | News
Spanish operator Euskaltel reported revenues of EUR 174.2 million in the third quarter of 2020, up 1.8 percent year on year, its largest growth in recent years, with net profit for the first 9 months of the year climbing 24.5 percent to EUR 52.1 million thanks to a record quarterly growth in the customer base of over 20,000. The company's 9-month EBITDA was up 3.2 percent year on year to EUR 260.2 million with a 50.3 percent revenue margin, up 119 basis points.

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Categories: General
Companies: Euskaltel / R / Telecable / Virgin Telco
Countries: Spain
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