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General

Millicom grows organic revenues 10.8% in Q4

Tuesday 3 February 2015 | 11:09 CET | News
Millicom reported forth-quarter revenue up 27.0 percent year-on-year to USD 1.86 billion, helped by ts takeover of Une in Colombia. On an organic basis excluding currency effects and Une, revenues rose 10.8 percent in Q4 and were up 9.4 percent in the full year, in line with the company's outlook for a high single-digit growth rate. Millicom recorded quarterly EBITDA of USD 588 million, up 10.4 percent year-on-year, while the margin fell to 31.6 percent from 34.1 a year ago. Excluding Une, the margin was down 2.7 percent points over the year to 33.3 percent, slightly below Millicom's outlook

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Categories: General
Companies: Millicom
Countries: Africa / Latin America
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