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Iliad: H1 net recurrent income down 61%

(CercleFinance.com) - Iliad, the parent company of Free, has published H1 2019 net recurrent income that is down 60.
8% at 91 million euros, with consolidated EBITDA that is down 7.4% at 802 million euros.

Revenues increased by 8.4%, to 2.6 billion euros, including 7.9% growth in revenues from services, with an increase in the total recruitment of subscribers, excluding highly promotional offers in fixed and mobile telephony.

In fiber, Iliad said that it won over 320,000 new subscribers over the period, of which 172,000 were in Q2 alone. The group believes that it will exceed its full-year target of 500,000 new subscribers.


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