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General

Euskaltel sales and profit up in Q1 ahead of imminent launch of Virgin brand

Thursday 23 April 2020 | 09:26 CET | News
Spanish regional operator Euskaltel reported revenues of EUR 171.8 million in the first quarter of 2020, up 0.1 percent year on year, in what was a second consecutive quarter of growth. The company's EBITDA was up 8.1 percent year on year to EUR 88 million in the first 3 months of the year, with a 51.1 percent revenue margin, up from 47.3 percent a year earlier. Operating cash flow increased by 5.5 percent to EUR 49.1 million, while the net debt ratio improved to 4.12 times EBITDA.

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