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America Movil revenue, EBITDA fall on forex effects, underlying results higher

2018-04-25 08:36:00| Telecompaper Headlines

(Telecompaper) America Movil saw its net profit halve in the first quarter, to MXN 17.75 billion from MXN 35.86 billion a year earlier, due to lower deferred tax income. Revenues fell 3.7 percent to MXN 254.37 billion due to negative currency effects, and EBITDA was down 0.8 percent to MXN 71.21 billion. 

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