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General

Salt increases Q2 EBITDA 4.2% on higher revenues

Wednesday 29 August 2018 | 11:27 CET | News
Swiss mobile operator Salt reported revenues of CHF 260.6 million during the second quarter, an increase of 1.4 percent from the same period last year, driven by equipment and other services revenue as well as positive subscriber momentum. Excluding changes to mobile termination rates, revenues were up 3.6 percent to CHF 241.5 million in Q2. EBITDA rose 4.2 percent year-on-year to CHF 122.0 million. Salt reported an EBITDA margin of 46.8 percent, up from 45.6 percent in Q2 2017 thanks to management's focus on "operational excellence", it said.

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Categories: General
Companies: Salt
Countries: Switzerland
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