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General

Iliad Q2 revenue grows 7%, fuelled by customer gains

Thursday 3 September 2020 | 11:15 CET | News
Iliad generated group revenues of EUR 1.40 billion in the three months to June, up 6.7 percent year-on-year (+6.9% in Q1). Growth continued to be supported by customer gains in its core French market, as well as in Italy. The company confirmed the forthcoming launch of new offers in the French B2B market segment, where it expects to achieve revenues of EUR 400-500 million by 2024. It also said that it has trimmed its free cash flow guidance (EBITDA minus capex), now targeting an EBITDAaL less capex result of more than EUR 700 million in France for 2020 (excluding B2B), and around EUR 900

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Categories: General
Companies: Free / Free Mobile / Iliad
Countries: France / Italy
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