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Cellnex

Cellnex buys El Corte Inglés' antenna business for € 70M

Ibex, Markets 29th July 2016

Cellnex Obtains €24M Net Income in H1’16 as a recent Ibex 35 debutant

Cellnex Telecom is the leading independent operator of wireless telecommunications’ infrastructure in Europe and is a newcomer to the Spanish stock exchange (it made its debut on June 9).  In the first half to June, the company obtained revenues of €338 million and EBITDA of €134 million. Net income reached €24 million compared to €18 million a year earlier. At end-June, Cellnex had a portfolio of 15,135 towers located in Spain, Italy, the Netherlands and France. Cellnex is a subsidiary of Abertis.

Sacyr Go

Ibex 16th June 2016

Cellnex, Viscofan replace family-owned builders Sacyr, OHL in Ibex 35

Newcomer to the stock exchange, Cellnex (a subsidiary of Abertis in the business of telecommunications networks) and oldtimer Viscofan (which manufactures cellulose wrapping for the food sector) will substitute two new generation construction companies (Sacyr and OHL). Both of these firms are controlled either by families or professionals.

Cellnex buys El Corte Inglés' antenna business for € 70M

Companies 3rd May 2016

Cellnex: A Growth Investment In The Medium-Long Term

Cellnex Telecom is the leading independent operator of wireless telecommunications’ infrastructure in Europe. It is a growth investment opportunity, but it is currently trading at too demanding multiples. We would recommend to wait for some dips in the stock market to start to build up a position with a medium-long term view.