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Mobistar results continue lower in Q2

Thursday 24 July 2014 | 11:26 CET | News
Belgian operator Mobistar reported second-quarter revenues of EUR 312.2 million, down from EUR 371.4 million a year earlier. Net profit dropped to EUR 15 million from EUR 22.3 million a year ago. The results were better than the company expected, and Mobistar said it was satisfied with the performance in the first half as it continues the reorganisation of the company and its distribution channels. Adjusted EBITDA for Q2 fell to EUR 74.4 million from EUR 82.2 million, and the EBITDA margin on services was 25.8 percent. The company had 5.446 million Sims active at the end of quarter in Belgium

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Categories: Mobile & Wireless
Companies: Mobistar
Countries: Belgium
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