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Cellnex increases its profit by 38% in 2016

Cellnex aumenta su beneficio un 38% en 2016

Intel ID : 245362
Synopsis

Cellnex Telecom (BME:CLNX), a Spain-based telecommunications company, recorded a net profit of EUR 40m in 2016, an increase of 38% over the previous year, announced the company in a press release issued on 17 February 2017.

Its EBITDA was EUR 290m, 23% higher than expected, while its debt reached almost EUR 1.5bn, compared to EUR 927m the previous year.

In 2017, Cellnex plans to analyze opportunities for inorganic growth in the European market, while its axis of organic growth will be reducing redundant sites and construction of new sites where needed.
(content in spanish)

Cellnex Telecom (BME:CLNX), empresa española de telecomunicaciones, ha registrado un beneficio neto de EUR 40m en 2016, lo que supone un incremento del 38% con respecto al año anterior, según ha anunciado la compañía en una nota de prensa publicada el 17 de febrero de 2017.

El EBITDA se situó en EUR 290m, un 23% más alto de lo previsto y la deuda neta alcanzó los EUR 1.499m frente a los EUR 927m del año anterior.

De cara a 2017, Cellnex analizará oportunidades de crecimiento inorgánico en el mercado europeo, mientras que sus ejes de crecimiento orgánico serán la reducción de emplazamientos redundantes y la construcción de nuevos emplazamientos donde sean precisos.

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Intel ID 245362
Value ND
Native Currency Euro (EUR)
Financial Data - Cellnex Telecom
(31 Dec 2023)
Revenue: EUR 4.045,33m
EBITDA: EUR 2.926,71m
Net Debt: EUR 20.401,17m
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Name
verified
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.01.03 Telecoms Towers & Infrastructure
60 Telecommunications / 60.01 Telecommunications & Networking Hardware

Secondary Sectors (TTRSC)
60.02.99 Other Telecommunications & Networking Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

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