Cellnex's first-half core earnings rise 1.7%, net loss narrows
With revenues up by about 1% at 1.94 billion euros, Cellnex also reiterated its full-year guidance, expecting revenues of between 3.95 and 4.05 billion euros, and adjusted earnings before interest, taxes, depreciation and amortisation of 3.275 billion to 3.375 billion euros.
"The results for the first half of 2025 consolidate Cellnex's organic growth trajectory," CEO Marco Patuano said in a statement. Cellnex said organic revenues alone rose 6% in the period from a year ago.
The telecoms company, which has a market capitalization of around 22 billion euros and has focused in recent years on reducing debt and improving its credit rating, still booked a net loss of 115 million euros in the first half, but swung to an operating profit of 244 million from a year-ago loss.
($1 = 0.8738 euros)
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43 minutes ago
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Labour's hopes of a building boom are fading
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Daily Mail
43 minutes ago
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The Independent
2 hours ago
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