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Wireless

Sonatel posts FY EBITDA growth of 2.2%, stable net income

Thursday 7 March 2019 | 09:06 CET | News
Sonatel reported annual revenues of XOF 1.022 trillion for 2018, up 5 percent year-on-year. EBITDA progressed to XOF 463 billion, with the growth rate easing slightly to 2.2 percent (+3.2% in 2017). The EBITDA margin fell by around 1 point to 45.3 percent. This contraction was the result of fiscal and regulatory changes, as well as the strengthening of low margin revenue lines, said the company.

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Categories: Mobile & Wireless
Companies: Sonatel
Countries: Africa / Senegal
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