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General

Siminn on track for FY growth after higher Q3 results

Wednesday 31 October 2018 | 16:08 CET | News
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Iceland operator Siminn reported revenue of ISK 6.969 billion for the third quarter, up slightly from ISK 6.956 billion in the same period of 2017 thanks to growth in TV and IT services as well as equipment sales. EBITDA also increased, by ISK 10 million to ISK 2.397 billion, for a slightly higher margin of 34.4 percent. The net profit rose to ISK 978 million from ISK 905 million a year earlier, helped by lower interest charges. 

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Categories: General
Companies: Siminn
Countries: Iceland
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