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General

Fastweb Q1 revenues up 6% to EUR 543 mln on 3% customer growth

Thursday 30 April 2020 | 10:55 CET | News
Italian operator Fastweb reported first quarter revenues up 5.6 percent year on year to 543 million on the back of a 3 percent rise in total customers to 2.66 million, including 22,000 in the January to March period alone. Fastweb's earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 4.9 percent to EUR 170 million in the first 3 months of the year thanks to its 27th consecutive quarter of growth, while the EBITDA margin remained flat at 31.3 percent of net revenues. Capital expenditure in the first three months of the year was down 3.5 percent to EUR 138 million but

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Categories: General
Companies: Fastweb / Swisscom
Countries: Italy
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