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General

Vodafone Iceland grows FY revenues 4%

Thursday 18 February 2016 | 15:13 CET | News
Vodafone Iceland reported an increase in its financial results in 2015. Revenues rose 4 percent to ISK 13.724 billion, and EBITDA increased 5 percent to ISK 3.237 billion. Net profit totaled ISK 1.287 billion versus ISK 1.094 billion in 2014. The operator said the higher results were supported by strong growth in internet and TV products, as well as good cost controls. The was offset by price pressure on the Faroe Islands and higher personnel costs after a new collective agreement late in the year. Vodafone Iceland said it sees good prospects for further growth in 2016 and forecast EBITDA

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Categories: General
Companies: Vodafone Iceland
Countries: Iceland
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