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Bouygues Telecom raises EBITDA margin target, as Q3 revenues grow 6.7%
2017-11-16 11:34:00| Telecompaper Headlines
(Telecompaper) Bouygues Telecom reported revenue of EUR 1.29 billion for the three months to September, with annual growth improving to 6.7 percent from 4.5 percent in the previous quarter. Net profit improved to EUR 119 million, compared with EUR 77 million a year earlier. Over the first nine months of the year, revenue growth was 6.4 percent, while EBITDA rose by 27 percent. The operator said that it is now targeting an EBITDA margin of between 26 and 27 percent for the full year (+27.7% in the 9-month period), compared to above 25 percent in its previous guidance. For the medium term, the objective of EUR 300 million of free cash flow in three years' time has been confirmed.
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Category:Telecommunications