Austria's EuroTeleSites Q3 revenue rises, boosted by new tenants, towers

EuroTeleSites AG

20/10/2026 17:16

Overview
Austria telecom tower operator's Q3 revenue rose 6% yr/yr, driven by new tenants and towers
Q3 EBITDAaL increased 12.3% yr/yr, reflecting operating leverage
Company rolled out 67 new sites and invested 12.8 mln EUR in capex in Q3

Outlook
Company expects periodical shift in Q4 CAPEX due to ongoing construction work

Result Drivers
NEW TENANTS AND TOWERS - Co said Q3 revenue growth was driven by indexation, onboarding of new tenants and construction of new towers
THIRD-PARTY REVENUE - Co reported a 28.4% increase in third-party revenue, supported by additional tenants and a one-off effect
OPERATING LEVERAGE - Most incremental revenue translated into EBITDAaL, highlighting the business model’s operating leverage

Company press release: ID:nEQ2gmvHfa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
 
EUR 4.2 mln
 
Q3 EBITDAaL
 
EUR 5 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 October 19 closing price of €4.37

Reuters Recommended Reads
Oct 19 - Austria's BAWAG Group Q3 net profit rises, reconfirms 2026 forecast

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)