Business
Q1 2020 Results
Q1 2020 Results.
About this update from Helios Towers Plc
[{"type":"text","content":"\n \n \n RNS Number : 8384M\n Helios Towers PLC\n 14 May 2020\n \n \n \n \n \n HELIOS TOWERS plc\n \n \n \n \n \n Results for the three months ended 31 March 2020\n \n \n \n \n \n Guidance for 2020 remains unchanged\n \n \n \n \n \n Business underpinned by long-term contracted revenues with blue-chip mobile network operators\n \n \n \n \n \n London, 14 May 2020: Helios Towers plc (\"Helios Towers\", \"the Group\" or \"the Company\"), the independent telecommunications infrastructure company, today announces results for the three months to 31 March 2020. \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Q1 20\n \n \n \n \n Q1 19\n \n \n \n \n Change\n \n \n \n \n Q1 20\n \n \n \n \n Q4 19\n \n \n \n \n Change\n \n \n \n \n \n \n Sites\n \n \n \n \n 6,991\n \n \n \n \n 6,716\n \n \n \n \n +4%\n \n \n \n \n 6,991\n \n \n \n \n 6,974\n \n \n \n \n 0%\n \n \n \n \n \n \n Tenancies\n \n \n \n \n 14,677\n \n \n \n \n 13,600\n \n \n \n \n +8%\n \n \n \n \n 14,677\n \n \n \n \n 14,591\n \n \n \n \n +1%\n \n \n \n \n \n \n Tenancy ratio\n \n \n \n \n 2.10x\n \n \n \n \n 2.03x\n \n \n \n \n +0.07x\n \n \n \n \n 2.10x\n \n \n \n \n 2.09x\n \n \n \n \n +0.01x\n \n \n \n \n \n \n Revenue (US$m)\n \n \n \n \n 101.8\n \n \n \n \n 93.7\n \n \n \n \n +9%\n \n \n \n \n 101.8\n \n \n \n \n 99.8\n \n \n \n \n +2%\n \n \n \n \n \n \n Adjusted EBITDA (US$m)\n 1\n \n \n \n \n 54.0\n \n \n \n \n 48.8\n \n \n \n \n +11%\n \n \n \n \n 54.0\n \n \n \n \n 53.7\n \n \n \n \n +1%\n \n \n \n \n \n \n Adjusted EBITDA margin\n 1\n \n \n \n \n 53%\n \n \n \n \n 52%\n \n \n \n \n +1ppt\n \n \n \n \n 53%\n \n \n \n \n 54%\n \n \n \n \n -1ppt\n \n \n \n \n \n \n Operating profit / (loss) for the period (US$m)\n \n \n \n \n 12.1\n \n \n \n \n 7.0\n \n \n \n \n +73%\n \n \n \n \n 12.1\n \n \n \n \n -17.3\n \n \n \n \n +170%\n \n \n \n \n \n \n \n \n \n \n 1 \n \n Refer to full definitions in the Alternative Performance Measures section in this announcement.\n \n \n \n \n \n \n \n \n Financial highlights\n \n \n \n \n \n · \n Q1 2020 Group revenue increased by 9% year-on-year to US$101.8m (Q1 2019: US$93.7m) driven by the continued growth in the number of sites and tenancies across the Group.\n \n \n o \n Q1 2020 Group revenue increased by 2% quarter-on-quarter to US$101.8m (Q4 2019...