cellnex results bond issues

Cellnex Telecom reports growth of 15% in revenues

Cellnex Telecom Reports Growth Of 15% In Revenues And 20% In EBITDA During Q1 2018

Cellnex Telecom has presented its results for the first quarter of 2018. Revenues amounted to € 217 million (+15%) and EBITDA was € 101 million (+20%). The comparable net result closed at € 11 million, in line with the close of the same period in 2017, thereby taking into account the effect of the higher amortisations (+30% vs. 1Q 2017) and financial costs (+51% vs. 1Q 2017) associated with the growth of the group and the consequent expansion of its geographical footprint.