Helios Towers Plc (GB:HTWS) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Helios Towers Plc has reported robust financial results for the first quarter of 2024 with a 21% increase in both Adjusted EBITDA and portfolio free cash flow compared to the previous year. The company also saw a significant growth in tenancies, adding 761 new tenancies, and reaffirmed its full-year guidance, maintaining a positive outlook for continued growth and cash flow improvement. Notably, Helios Towers achieved a nearly doubled operating profit and a strong tenancy ratio close to 2.0x, signaling steady operational expansion.
For further insights into GB:HTWS stock, check out TipRanks’ Stock Analysis page.