Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to €3,008 million, representing a growth of 14% compared to the previous year. The company has 76% of its net financial debt contracted at a fixed rate, with debt amounting to 17,287 million euros.
Cellnex, a Spanish infrastructure and communications services company, ended last year with a 16% increase in revenue, to €4,053 million. The company recorded organic growth of 6.4%.
Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to €3,008 million, representing a growth of 14% compared to the previous year. The company has 76% of its net financial debt contracted at a fixed rate, with debt amounting to 17,287 million euros.
“2023 was a year of transformation for Cellnex,” said Anne Povero, Chairman of Cellnex. “At the end of 2022, after years of significant growth through mergers and acquisitions, we announced our ‘next chapter’ focused on integrating these acquisitions and accelerating Organic Growth.Several notable changes in corporate governance have been implemented to support the new vision.
In 2023, the company completed the sale of 2,353 sites in France to Phoenix Tower International (PTI). joint project Comprised of PTI and Bouygues Telecom. It obtained 631 million euros from the sale of these assets.
In terms of liquidity, the company has approximately 4,588 million euros.
“We look forward to sharing what's to come for Cellnex and our 'Next Chapter' roadmap with the investment community at the next Capital Markets Day in London on March 5th. We remain committed to operational excellence and delivering results,” says Marco Patuano, CEO To Cellnex: “There will be more to share in a few days.”
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