Austria's EuroTeleSites Q2 revenue rises, helped by third-party tenant growth

EuroTeleSites AG

21/07/2026 17:29

    

    Overview
  
Austria tower infrastructure firm's Q2 revenue rose 8.4% yr/yr, with underlying growth at 5%
Adjusted EBITDAaL for Q2 increased 5.6% yr/yr, margin reached 56.6%
Third-party revenue jumped 32.5% yr/yr, driven by new tenant onboarding and project deliveries

    

    Outlook
  
EuroTeleSites expects 2026 revenue growth of approximately 4-5%
Company anticipates CAPEX-to-revenue ratio of around 25% in 2026
EuroTeleSites plans construction of more than 400 new sites in coming years

    

    Result Drivers
  
THIRD-PARTY TENANT GROWTH - Co said strong third-party revenue growth was driven by onboarding new tenants and project deliveries
INFRASTRUCTURE EXPANSION - Revenue growth supported by infrastructure expansion and rollout of new sites, especially in Austria
INDEXATION AND DATA DEMAND - Revenue benefited from indexation and rising data traffic driven by digitalization and AI adoption

    
Company press release: ID:nEQ4QSTh6a

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Revenue
 
EUR 75.90 mln
 
Q2 EBITDAaL
 
EUR 41.60 mln
 
Q2 Capex
 
EUR 11.40 mln
 

    

    Analyst Coverage
  
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the construction & engineering peer group is "buy"
Wall Street's median 12-month price target for EuroTeleSites AG is €5.35, about 22.4% above its July 20 closing price of €4.37

    

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)