Helios Towers Plc (GB:HTWS) has released an update.
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Helios Towers Plc has reported robust financial results for the first quarter of 2024 with a 21% increase in both Adjusted EBITDA and portfolio free cash flow compared to the previous year. The company also saw a significant growth in tenancies, adding 761 new tenancies, and reaffirmed its full-year guidance, maintaining a positive outlook for continued growth and cash flow improvement. Notably, Helios Towers achieved a nearly doubled operating profit and a strong tenancy ratio close to 2.0x, signaling steady operational expansion.
For further insights into GB:HTWS stock, check out TipRanks’ Stock Analysis page.
