Cellnex reduced by 29.2% losses during the first nine months of the year compared to the same period in 2023, up to approximately red numbers of 140 million euros, as reported by the company in a press release sent this Monday to National Securities Market Commission (CNMV). On the other hand, the company increased its revenues by 7% during the first three quarters of 2024, to 2,903 million euros.
He gross operating profit (Ebitda) after leases of the company amounts to 1,723 million euros, which represents an increase of 8.9% compared to the 1,582 million euros reached in 2023.
Furthermore, the free cash flow Recurring leverage also improved, reaching 1,256 million euros compared to 1,171 million recorded the previous year.
The CEO of Cellnex, Marco Patuanounderlined the “solidity” of the indicators until September in line with the company’s short and medium term objectives, thus confirming its outlook for 2024
The expansion will continue.
