last minute | Clinex loses 255 million as of September, 76% more due to acquisitions

last minute | Clinex loses 255 million as of September, 76% more due to acquisitions

Telecom infrastructure operator Cellnex Telecom lost €255 million from the start of the year to September, 75.8% more than the same period last year, due to depreciation and financial costs associated with the acquisition policy.

According to financial results sent Friday to the CNMV, Cellnex generated revenue of €2,572 million in the first three quarters of the year, an increase of 46%, while adjusted EBITDA – gross profit. Operational – at 1,937 million, down 45%. more.

The listed Spanish company, which also announced the final closing of the acquisition of CK Hutchison in the UK, has available liquidity – cash and undrawn debt – of 4300 million euros, and its net financial debt is 17100 million, 77% indicated at a fixed rate.

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