12th Mar 2026 10:41
(Alliance News) - Helios Towers PLC on Thursday said "record" tenancy growth underpinned growth in sales and earnings in 2025.
The London-based telecom tower owner said pretax profit multiplied to USD136.0 million in 2025 from USD44.2 million in 2024, as revenue rose 7.8% to USD854.1 million from USD792.0 million.
Operating profit increased to USD286.0 million from USD242.3 million.
Adjusted earnings before interest, tax, depreciation and amortisation increased 12% to USD471.1 million from USD421.0 million.
Diluted earnings per share improved to 3.3 cents from 2.8 cents.
Revenue and earnings increases were driven by "record" tenancy growth, as all major mobile network operators continue to expand coverage, Helios Towers said.
Overall tenancies grew 8.6% to 31,944 in 2025 from 29,406 in 2024.
Helios Towers said the business is "underpinned" by future contracted revenues of USD5.3 billion, up from USD5.1 billion a year ago, of which 70% is from investment grade customers, with an average remaining initial life of 6.6 years.
Recurring free cash flow increased by 40% to USD207.5 million, driven by adjusted Ebitda growth and favourable working capital movements.
For 2026, Helios Towers forecast adjusted Ebitda of USD510 million to USD525 million and recurring FCF of USD210 million to USD225 million.
Capital allocation targets for the year ahead include a share buyback of USD51 million and dividends of USD25 million.
Shares in Helios Towers fell 6.5% to 173.40 pence each in London on Thursday morning.
By Jeremy Cutler, Alliance News reporter
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
Helios Towers