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Broadband

Retelit maintains 2020 guidance as H1 sales rise 2% like-for-like

Wednesday 5 August 2020 | 12:25 CET | News
Italian telecommunications infrastructure provider Retelit reported an increase of 2 percent in like-for-like first half revenues compared to a year earlier and broadly maintained its sales and earnings guidance for full-year 2020. On a reported basis, sales in the period were up 80 percent at EUR 67.7 million, thanks to the purchase of PA Group in January, and EBITDA rose 40 percent to EUR 20.5 million.

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Categories: Fixed
Companies: Retelit
Countries: Italy
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