Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up

Helios Towers slashes losses as jump in tenancies underpins revenue growth

Thu, 14th Nov 2019

Helios Towers slashed losses in the third quarter of the year as a jump in total tenancies boosted revenue. For the three months to 30 September 2019, pre-tax losses narrowed to $3.8m from $35.8m on-year as revenue increased by 11% to US$97.3m. Tenants increased 9% on-year to 14,226, with sites rising 5% to 6,903. 'The business is performing in-line with our expectations which gives us confidence in the outlook for the full year,' Helios Towers said. At 9:17am: (LON:HTWS) share price was -0.5p at 119.5p Story provided by

FTSE 100 Latest