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General

Masmovil service revenues up 19% to EUR 245 mln in Q2

Wednesday 13 September 2017 | 11:55 CET | News
Spanish operator Masmovil reported service revenues of EUR 245 million in the second quarter of 2017, up 19 percent on a proforma basis from a year earlier. Recurring EBITDA rose 64 percent from a year earlier to EUR 59 million with the company reaffirming its full-year 2017 recurring EBITDA target of over EUR 200 million and revenue growth of 10 percent. For the January to June period, Masmovil's net sales surged to EUR 609.2 million from EUR 71.3 million a year ago although its net loss widened to EUR 151.3 million versus a loss of EUR 8.7 million a year ago due above all to the accounting

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Categories: General
Companies: Masmovil / Orange / Pepephone / Telefonica / Yoigo
Countries: Spain
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