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Airtel Africa Plc
(LSE:AAF)
Airtel Africa Plc (AAF) vs. iShares MSCI United Kingdom ETF (EWC)
Airtel Africa Plc Business Overview & Revenue Model
Airtel Africa Plc Earnings Call Summary
Airtel Africa Plc Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.21B | 4.96B | 5.00B | 5.25B | 4.71B | 3.91B |
| Gross Profit | 3.69B | 3.48B | 3.19B | 3.58B | 3.25B | 2.64B |
| EBITDA | 2.44B | 2.13B | 2.16B | 2.62B | 2.28B | 1.68B |
| Net Income | 339.00M | 220.00M | -165.00M | 663.00M | 631.00M | 339.00M |
Balance Sheet | ||||||
| Total Assets | 12.43B | 12.02B | 9.86B | 11.17B | 10.36B | 9.99B |
| Cash, Cash Equivalents and Short-Term Investments | 784.00M | 644.00M | 966.00M | 845.00M | 982.00M | 1.14B |
| Total Debt | 6.20B | 5.98B | 4.46B | 4.22B | 3.93B | 4.62B |
| Total Liabilities | 9.53B | 9.25B | 7.56B | 7.36B | 6.71B | 6.64B |
| Stockholders Equity | 2.60B | 2.49B | 2.16B | 3.63B | 3.50B | 3.40B |
Cash Flow | ||||||
| Free Cash Flow | 1.65B | 1.41B | 1.23B | 927.00M | 1.27B | 751.00M |
| Operating Cash Flow | 2.42B | 2.27B | 2.26B | 2.21B | 2.01B | 1.67B |
| Investing Cash Flow | -946.00M | -562.00M | -1.23B | -1.03B | -557.00M | -1.16B |
| Financing Cash Flow | -1.19B | -1.54B | -844.00M | -1.12B | -1.61B | -575.00M |
Airtel Africa Plc Technical Analysis
Airtel Africa Plc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | £934.50M | 14.41 | 18.64% | 2.04% | 11.95% | 20.69% | |
| ― | £8.20B | 31.66 | 14.42% | 1.66% | 6.56% | 2630.77% | |
| ― | £17.94B | 17.09 | 8.29% | 4.43% | -2.23% | 22.78% | |
| ― | $1.54B | 60.49 | ― | ― | 6.88% | ― | |
| ― | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
| ― | £21.24B | -6.30 | -7.22% | 3.80% | -0.59% | -489.50% |
Airtel Africa Plc Corporate Events
Airtel Africa announced the purchase of 25,000 of its ordinary shares as part of its ongoing share buy-back program, initiated in December 2024. The shares, acquired through Barclays Capital Securities Limited, will be cancelled, reducing the company’s total voting rights and potentially impacting shareholder calculations under regulatory guidelines.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £2.30 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa reported strong financial results for the half-year ending September 2025, driven by an 11% increase in its customer base to 173.8 million and significant growth in data and mobile money services. The company’s revenue grew by 24.5% in constant currency, with data revenue surpassing voice as the largest revenue component. Airtel Money saw a 35.9% increase in annualized total processed value, reflecting increased customer engagement and digital adoption. The company’s EBITDA grew by 33.2%, with margins expanding to 48.5%, supported by cost efficiency measures. Airtel Africa’s strategic investments in network expansion and digital innovation continue to bolster its market position and financial performance.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £2.30 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has executed a share buy-back transaction, purchasing 22,094 of its ordinary shares from Barclays Capital Securities Limited as part of its ongoing buy-back programme. This move, which follows the authority granted by shareholders, aims to optimize the company’s capital structure and enhance shareholder value. The purchased shares will be cancelled, reducing the total number of voting rights and shares in circulation, which could potentially impact shareholder calculations under the Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £2.30 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has executed a share buy-back program, purchasing 25,000 ordinary shares at a volume-weighted average price of 226.25 GBp per share. This transaction, part of a $100 million buy-back initiative, aims to reduce the number of shares in circulation, potentially increasing the value of remaining shares and strengthening the company’s market position.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £2.30 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has announced the purchase of 75,000 of its ordinary shares as part of its ongoing share buy-back program, with the shares purchased at a volume-weighted average price of 229.35 GBp. This transaction, executed through Barclays Capital Securities Limited, reduces the total number of voting rights in the company to 3,648,583,589, impacting shareholder calculations under the Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £2.30 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has announced the purchase of 75,000 of its ordinary shares as part of a share buy-back program authorized by shareholders. This transaction, executed through Barclays Capital Securities Limited, is part of a broader $100 million buy-back initiative that began in December 2024. The purchased shares will be canceled, reducing the total number of voting rights in the company, which may affect shareholder calculations under the Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £2.30 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has announced the purchase of 25,000 of its ordinary shares as part of its ongoing share buy-back program. The shares, purchased through Barclays Capital Securities Limited, will be cancelled, reducing the total number of shares in circulation. This move is part of a broader $100 million buy-back initiative aimed at optimizing the company’s capital structure and potentially increasing shareholder value.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £2.30 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has executed a share buy-back transaction, purchasing 25,000 of its ordinary shares at a volume-weighted average price of 227.93 GBp per share. This move, part of a larger $100 million share buy-back programme, is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value by reducing the number of shares in circulation.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £2.30 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has announced the purchase of 25,000 of its ordinary shares as part of its ongoing share buy-back programme, which was initially announced in September 2025. The shares were acquired at prices ranging from 227.00p to 228.80p and will be cancelled, reducing the total number of voting rights in the company. This move is part of a broader $100 million share buy-back initiative that began in December 2024, aimed at enhancing shareholder value and optimizing the company’s capital structure.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £2.30 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa announced the purchase of 15,000 of its ordinary shares as part of its ongoing share buy-back program, initiated to enhance shareholder value. The shares were acquired at a volume-weighted average price of 228.18 GBp and will be canceled, contributing to the company’s strategic financial management efforts and potentially impacting its market positioning by signaling confidence in its financial health.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £2.30 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa is set to announce its half-year financial results for the period ending 30 September 2025 on 28 October 2025. The announcement will be accompanied by a presentation and conference call for analysts and investors, highlighting the company’s ongoing commitment to transparency and stakeholder engagement.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £2.30 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has announced the purchase of 15,000 of its ordinary shares as part of its ongoing $100 million share buy-back program. This strategic move, executed through Barclays Capital Securities Limited, is aimed at optimizing the company’s capital structure and enhancing shareholder value, reflecting confidence in its future growth prospects.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £2.30 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa PLC has announced its total voting rights and capital as of September 30, 2025. The company’s issued share capital consists of 3,656,302,633 ordinary shares, with a total of 3,648,813,589 voting rights available for shareholders. This update is in compliance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rule, impacting how shareholders calculate and notify their interests in the company.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £2.30 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa announced a transaction involving the purchase of ordinary shares by Cynthia Gordon, an Independent Non-Executive Director, as part of its regulatory disclosure obligations. This transaction underscores the company’s commitment to transparency and regulatory compliance, potentially reinforcing stakeholder confidence in its governance practices.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £196.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has announced an update on its share buy-back programme, entering into arrangements with Barclays Capital Securities Limited to facilitate the ongoing process during its forthcoming closed period. The company has already returned $34.7 million to shareholders by purchasing 14.2 million shares as part of the second tranche, with plans to purchase up to an additional $20.3 million worth of shares. The programme, which aims to reduce the company’s capital by cancelling purchased shares, is now expected to conclude by 31 March 2026. This strategic move is aligned with the company’s focus on optimizing its capital structure and enhancing shareholder value.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £196.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa announced the notification and public disclosure of transactions related to managerial responsibilities, as per the Market Abuse Regulation. Paul Arkwright, an Independent Non-Executive Director, purchased 10,000 ordinary shares of Airtel Africa at a price of £2.2777 per share, totaling £22,777. This transaction highlights the confidence of the company’s leadership in its market position and future prospects.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £2.40 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa plc has announced that its Chairman, Sunil Bharti Mittal, and Non-executive Director, Gopal Vittal, have been appointed as non-independent non-executive directors of BT Group plc, effective from 15 September 2025. This appointment may enhance Airtel Africa’s strategic positioning by strengthening its ties with a major global telecommunications entity, potentially benefiting its stakeholders and operations across the African continent.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £2.40 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has announced its total voting rights and capital structure as of August 31, 2025, in compliance with the Financial Conduct Authority’s rules. The company’s issued share capital consists of over 3.65 billion ordinary shares, with a total of 3.64 billion voting rights available to shareholders, excluding shares held in treasury. This announcement provides shareholders with the necessary information to assess their interests and obligations under regulatory guidelines.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £2.40 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa PLC announced its total voting rights and capital structure as of July 31, 2025, in compliance with the FCA’s Disclosure Guidance and Transparency Rule. The company’s issued share capital consists of 3,656,302,633 ordinary shares, with 3,648,813,589 shares carrying voting rights, which stakeholders can use to determine their interest in the company. This update is crucial for shareholders to monitor their holdings and any changes, impacting their investment decisions and the company’s transparency in the market.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £1.27 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa plc has announced an agreement with minority shareholders The Rise Fund and Mastercard to defer the exercisable date of their put options in Airtel Mobile Commerce BV by 12 months. This decision allows these shareholders more time before they can sell their shares back to Airtel Africa, maintaining the current financial terms and potentially stabilizing the company’s financial strategy and stakeholder relations in the short term.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £2.10 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa’s recent earnings call painted a picture of robust growth and strategic success, with the company reporting significant revenue and EBITDA growth. The sentiment expressed during the call was largely positive, driven by strong performances in key markets like Nigeria and improvements in the Francophone region. Despite facing challenges such as a decline in voice usage in Nigeria and difficulties in cash upstreaming, the overall outlook remains optimistic due to effective cost management and strategic initiatives.