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General

Megacable profit soars 22% in Q2 as RGUs grow to 7.6 mln

Tuesday 24 July 2018 | 09:57 CET | News
Mexican cable operator Megacable reported revenues of MXN 4.93 billion in the second quarter, up 19.4 percent year on year on the back of subscriber growth across all segments. The company's EBITDA over the period totalled a record MXN 2.47 billion, up 21.8 percent from a year earlier, with a margin of 50.2 percent, up from 49.2 percent in Q2 2017. Net profit was MXN 1.32 billion, up 13.8 percent year on year, while net debt fell to MXN 1.01 billion from MXN 1.57 billion a year earlier.

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Categories: General
Companies: Megacable
Countries: Mexico
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