Cellnex: 9m sales jump 53%

(CercleFinance.com) - Cellnex today reported results that highlighted the group's expansion and sustained growth.


Cellnex's 9m sales came in at 1.15 billion euros, up 53% y-o-y. At the same time, EBITDA reached 838 million euros, up 68%.

Infrastructure services dedicated to mobile telecom operators contributed towards 78% of sales, i.e. 898 million euros, up 77% compared with September 2019, while the broadcasting infrastructure business accounted for 15% of revenue, at 172 million euros.

The Cellnex share is currently up 5%.


Copyright (c) 2020 CercleFinance.com. All rights reserved.