Strong Tenancy Growth and Financial Performance
Helios Towers reported strong tenancy growth with over 1,200 additions year-to-date, including 190 new sites. The tenancy ratio expanded to 2.11, up 0.1 year-on-year, with strong momentum towards the 2.2 target by 2026. EBITDA increased by 9% year-on-year, and free cash flow saw an upward swing of $40 million, reaching a record $30 million for H1 2025.
Improved Financial Ratings and Cost of Debt
Moody's affirmed a B1 rating with a positive outlook, while Fitch upgraded to BB-. The company also reduced its cost of debt from 7.2% to 6.9% through refinancing, enhancing its financial position.
Consistent Long-term Growth and Strategic Outlook
Helios Towers achieved 10 consecutive years of double-digit adjusted EBITDA growth, averaging a 25% annual growth rate since 2015. The company reaffirmed its full-year guidance and is on track for significant long-term value creation through its Capital Markets Day strategic plans.