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Iliad: 2017 recurrent net income up 19.3%

(CercleFinance.com) - Iliad, the parent company of telecom operator Free, has published 2017 recurrent group net income that is up 19.
3% at 480.3 million euros, with underlying operating profit growth of 15.8% at 862 million euros.

Ebitda rose by 6% to 1,777 million euros, meaning an Ebitda margin that is up slightly at 35.6%, on sales that rose 5.6% to nearly five billion euros, with 3.5% growth in landline telephony and 8.4% in mobile telephony.

Iliad will propose a dividend of 0.68 euro per share for 2017. Regarding its outlook, for France the group expects an Ebitda margin that is up in 2018 and up over 40% in 2020.



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