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General

Masmovil grows EBITDA record 40% in Q3, gains 1 mln customers this year

Wednesday 30 October 2019 | 09:44 CET | News
Spanish telecommunications provider Masmovil, the country's fourth largest network operator, reported service revenues of EUR 1.06 billion for the first 9 months of the year, up 23 percent year on year on an organic basis thanks to a 24 percent rise in customer numbers to 8.6 million, up over 1 million this year alone. Adjusted 9-month EBITDA was up 40 percent year on year to EUR 337 million, with third quarter EBITDA rising a record 41 percent to EUR 120 million. The company's adjusted 9-month profit was up 19 percent to EUR 136 million compared to EUR 124 million a year earlier.

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Categories: General
Companies: LlamaYa / Masmovil / Pepephone / Yoigo
Countries: Spain
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