An announcement from Cordiant Digital Infrastructure Limited ( (GB:CORD) ) is now available.
Cordiant Digital Infrastructure Limited reported a strong third quarter performance with a 13.6% increase in EBITDA and a 9.6% rise in revenue, driven by contract wins, acquisitions, and cost control. The company has made significant acquisitions, including a stake in DCU Invest NV and BT Communications Ireland Limited, enhancing its portfolio and market presence in Belgium and Ireland. The company’s strategic focus on bolt-on acquisitions and growth capital expenditure is expected to deliver strong returns, while maintaining a solid financial position with no material debt maturities before 2029.
More about Cordiant Digital Infrastructure Limited
Cordiant Digital Infrastructure Limited is a specialist investor in digital infrastructure, managed by Cordiant Capital Inc. The company focuses on ‘Core Plus’ digital infrastructure assets, aiming to build a diversified portfolio that generates cash flow and supports a progressive dividend policy.
YTD Price Performance: -5.33%
Average Trading Volume: 803,948
Technical Sentiment Signal: Sell
For a thorough assessment of CORD stock, go to TipRanks’ Stock Analysis page.