Strong Revenue Growth
Revenue came in at $433 million, with 11% organic growth driven by colocation, lease amendments, new sites, and CPI escalators.
Improved Debt Management
The company repaid $154 million of high-interest debt, lowering the weighted average cost of debt by 100 basis points to 8.3%.
Increased EBITDA Margin
Adjusted EBITDA came at $248.5 million with a margin over 57%, stable year-on-year.
Positive Outlook and Guidance Revision
Raised full year 2025 outlook across all key metrics, including a $25 million uplift in adjusted EBITDA guidance.
Nigeria Market Performance
Nigeria segment revenue was $260 million with over 10% organic growth despite the Naira's depreciation.