Brief: EuroTeleSites Sees FY Revenue Growth Of About 5%

EuroTeleSites AG

16/04/2024 18:08

April 16 (Reuters) - Eurotelesites Ag  ETS.VI :
    * EUROTELESITES REPORTS REVENUES OF MEUR 63.9 AND AN
EBITDAAL
MARGIN OF 56.6% IN Q1/2024
    * QTRLY EBITDA AT MEUR 54.4 WITH EBITDA MARGIN AT 85.1%
    * Q1 CAPEX AT MEUR 12.6, DRIVEN BY MANDATORY SITE UPGRADES
    * EUROTELESITES EXPECTS CAGR REVENUE TO GROW BETWEEN 4% TO
6%,
TARGETS A CAPEX RATIO OF 20% OF REVENUES
    * PLANS TO FURTHER INCREASE ITS TENANCY RATIO FROM CURRENT
1.23X
    * FOR WHOLE YEAR, WE'RE EXPECTING REVENUE GROWTH OF ABOUT 5%

Source text for Eikon:  ID:nEQ1sG6Kja 
Further company coverage:  ETS.VI 

 (Bangalore Newsroom)