Cellnex Telecom SA (ES:CLNX) has released an update.
Cellnex Telecom SA reported a strong first half of 2024, with a 7.1% increase in revenues to €1.921 billion and a 10.7% rise in organic EBITDAaL. The company is also considering a share buyback or distribution following potential divestment in Austria, and it confirmed its 2024 financial outlook with revenues expected to reach €3.850 to €3.950 billion. Additionally, Cellnex has expanded its UK operations through a new agreement with Vodafone UK and Virgin Media O2, and established a company for land acquisition across several European countries.
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