Business
Q3 2021 Results
Q3 2021 Results.
About this update from Helios Towers Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 4986Q\n Helios Towers PLC\n 28 October 2021\n \n \n \n \n HELIOS TOWERS plc\n \n \n \n Unaudited trading update for the nine months and quarter ended 30 September 2021\n \n \n \n \n \n Strong quarter of organic tenancy growth with 2021 tenancy outlook reiterated\n \n \n \n \n \n Transformational period underway for the Company through multiple acquisitions and CEO transition\n \n \n \n \n \n London, 28 October 2021: Helios Towers plc (\"Helios Towers\", \"the Group\" or \"the Company\"), the independent telecommunications infrastructure company, today announces results for the nine months to 30 September 2021 (\"YTD 2021\").\n \n \n \n \n \n \n \n \n \n \n \n \n YTD 2021\n \n \n \n \n YTD 2020\n \n \n \n \n Change\n \n \n \n \n Q3 2021\n \n \n \n \n Q2 2021\n \n \n \n \n Change\n \n \n \n \n \n \n Sites\n \n \n \n \n 8,765\n \n \n \n \n 7,222\n \n \n \n \n +21%\n \n \n \n \n 8,765\n \n \n \n \n 8,603\n \n \n \n \n +2%\n \n \n \n \n \n \n Tenancies\n \n \n \n \n 17,773\n \n \n \n \n 15,082\n \n \n \n \n +18%\n \n \n \n \n 17,773\n \n \n \n \n 17,090\n \n \n \n \n +4%\n \n \n \n \n \n \n Tenancy ratio\n \n \n \n \n 2.03x\n \n \n \n \n 2.09x\n \n \n \n \n -0.06x\n \n \n \n \n 2.03x\n \n \n \n \n 1.99x\n \n \n \n \n +0.04x\n \n \n \n \n \n \n Revenue (US$m)\n \n \n \n \n 326.8\n \n \n \n \n 307.9\n \n \n \n \n +6%\n \n \n \n \n 114.4\n \n \n \n \n 108.8\n \n \n \n \n +5%\n \n \n \n \n \n \n Adjusted EBITDA (US$m)\n 1\n \n \n \n \n 175.0\n \n \n \n \n 166.5\n \n \n \n \n +5%\n \n \n \n \n 60.8\n \n \n \n \n 58.4\n \n \n \n \n +4%\n \n \n \n \n \n \n Adjusted EBITDA margin\n 1\n \n \n \n \n 54%\n \n \n \n \n 54%\n \n \n \n \n -\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 (US$m)\n \n \n \n \n 42.0\n \n \n \n \n 45.4\n \n \n \n \n -7%\n \n \n \n \n 15.1\n \n \n \n \n 9.8\n \n \n \n \n +54%\n \n \n \n \n \n \n Portfolio free cash flow (US$m)\n 1\n \n \n \n \n 118.7\n \n \n \n \n 133.3\n \n \n \n \n -11%\n \n \n \n \n 44.9\n \n \n \n \n 36.8\n \n \n \n \n +22%\n \n \n \n \n \n \n Cash generated from operations (US$m)\n \n \n \n \n 98.6\n \n \n \n \n 145.9\n \n \n \n \n -32%\n \n \n \n \n 52.9\n \n \n \n \n 15.7\n \n \n \n \n +237%\n \n \n \n \n \n \n Net debt (US$m)1\n \n \n \n \n 835.9\n \n \n \n \n 662.2\n \n \n \n \n +26%...