Helios Towers Reports 13% Year-on-Year Revenue Growth in Nine-Month Results
Helios Towers (HTWSF) has reported strong financial performance for the first nine months of the year, with year-to-date revenue rising 13% year-on-year to US$718.8 million. This growth was primarily fueled by an increase in tenancy levels and supplemented by power price escalations. The company's operating profit also saw a significant boost, increasing 23% year-on-year to reach US$259.1 million. This profitability surge was driven largely by improvements in Adjusted EBITDA, reflecting efficient operational scaling during the period.
Topics: EBITDA operating profit revenue growth tenancy growth