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General

Euskaltel sales down 1% to EUR 686 mln, returns to growth in Q4

Wednesday 26 February 2020 | 09:52 CET | News
Spanish regional operator Euskaltel reported full-year revenues of EUR 685.5 million in 2019, down 0.9 percent year on year, but was keen to stress that fourth-quarter revenues were up 0.7 percent, compared to annual declines of 0.4 percent, 0.9 percent and 2.8 percent in the previous three quarters. The company's full-year EBITDA was up 2.4 percent year on year to EUR 344.5 million, with a 50.3 percent revenue margin, up from 48.6 percent a year earlier. Operating cash flow increased by 4 percent to EUR 190 million, while net debt was cut by EUR 46 million to EUR 1.49 billion.

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