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Ezentis H1 revenues down 14% on Covid impact

Friday 31 July 2020 | 11:00 CET | News
Spanish telecommunications infrastructure specialist Ezentis reported revenues down 13.6 percent year on year to EUR 182.6 million in the first half of 2020, due to the effects of the Covid-19 pandemic and one-time transformation costs of EUR 7.5 million in Latin America. The company's H1 EBITDA came to EUR 17.8 million compared to 29.4 million a year earlier, a decline again attributed to loss of activity resulting from coronavirus lockdowns (-EUR 9.7 million) coupled with negative foreign currency effects (-EUR 2.9 million).

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Categories: Fixed
Companies: Ezentis
Countries: Spain
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