Iliad: FY earnings down 18.5%
(CercleFinance.com) - Iliad has published 2018 net income that down 18.
5% at 330 million euros, with underlying operating income that is down 20% at 690 million euros, on sales that are up 0.6% at 4.9 billion euros (+1.6% excluding sales of terminals).
The parent company of Free boasts a successful launch of Iliad Italia and a sound resilience of business in France thanks to performance in mobile telephony, as well as a solid financial structure, with a debt ratio of 2.3x Ebitda.
Iliad's board of directors will propose a dividend of 0.90 euro per existing share at the group's AGM of 21 May. Regarding its outlook, the group in particular aims to resume sales growth in France in 2019.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
5% at 330 million euros, with underlying operating income that is down 20% at 690 million euros, on sales that are up 0.6% at 4.9 billion euros (+1.6% excluding sales of terminals).
The parent company of Free boasts a successful launch of Iliad Italia and a sound resilience of business in France thanks to performance in mobile telephony, as well as a solid financial structure, with a debt ratio of 2.3x Ebitda.
Iliad's board of directors will propose a dividend of 0.90 euro per existing share at the group's AGM of 21 May. Regarding its outlook, the group in particular aims to resume sales growth in France in 2019.
Copyright (c) 2019 CercleFinance.com. All rights reserved.