Reports Q1 revenue $439.6M, consensus $408.98M. Sam Darwish, IHS Towers chairman and CEO, stated, “This has been a strong start to 2025, with solid growth across our key metrics of revenue, Adjusted EBITDA and ALFCF, and a reduction in Total Capex, all in line with our expectations, and we are pleased to reiterate our full year 2025 outlook as a result. Our strong performance is a continuation of the trends we have seen in recent quarters as we benefit from the commercial and financial progress that was made during 2024 and into 2025. Our focus on financial discipline and capital allocation is delivering sustained improvements in our profitability and cash flow generation, and this, supplemented by select asset disposals, has resulted in a further reduction in our consolidated net leverage ratio to 3.4x, down from 3.7x at the end of 2024. The agreement to sell our Rwanda operations, announced today, for an enterprise value of $274.5 million, forms part of our strategic initiatives targeted at shareholder value-creation options and highlights the value contained within our wider portfolio.”
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IHS:
- IHS Holding to Sell Rwanda Operations to Paradigm Tower Ventures
- IHS Holding to sell IHS Rwanda to Paradigm Tower Ventures for $274.5M
- IHS Holding Reports Strong Q1 2025 Results and Strategic Rwanda Sale
- IHS Holding Releases Q1 2025 Financials and Supplemental Indenture
- IHS Earnings Report this Week: Is It a Buy, Ahead of Earnings?