EarningsQ2 2026 Earnings Report
DE:8HT Q2 2026 EPS Results
Actual EPS€0.05
Consensus EPS―
Beat/Miss―
One Year Ago EPS€0.02
DE:8HT Q2 2026 Revenue Results
Actual Revenue€410.14M
Expected Revenue€212.58M
Beat/MissBeat by +€197.56M
YoY Revenue Growth+7.46%
Earnings Announcement Details
QuarterQ2 2026
Date07/30/2026
TimeBefore Open
Conference CallThursday, July 30, 2026
DE:8HT Upcoming Earnings
Helios Towers's next earnings date is estimated for November 5, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:8HT Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasised strong operational momentum, double‑digit EBITDA and revenue growth, record tenancy additions, materially higher recurring free cash flow, improved leverage and explicit upgrades to guidance — all backed by a long‑term TAM thesis (~72,000 additional tenancies to 2040). Challenges highlighted are largely execution/timing (lumpy H2 rollout), continued capital intensity, and technical limitations of satellite backhaul for dense urban demand. Overall, positives (robust growth, cash generation, balance sheet improvements, shareholder returns) substantially outweigh the manageable risks and near‑term constraints.Company Guidance
Record Tenancy Growth and Upgraded Guidance
Delivered a record >2,500 new tenancy additions in H1 (2,511 in the first 6 months). Upgraded FY'26 tenancy guidance to 3,500–4,000 additions (now targeting ~10–12% YoY growth) and added 500 incremental tenancies to the outlook (split 250 new sites / 250 colocations).
Strong Revenue and EBITDA Expansion
Revenue increased 11% year‑on‑year to GBP 237 million. Adjusted EBITDA increased 14% year‑on‑year and guidance was upgraded to $520m–$535m (10–13% YoY growth). Tenancy additions were the principal driver (contributing ~7 ppts of the 11% revenue growth and ~12 ppts of 13% EBITDA growth).
Material Free Cash Flow and ROIC Improvement
Recurring free cash flow increased 52% year‑on‑year. ROIC improved by a further 0.8 percentage points, demonstrating quality of investments and capital allocation discipline.
Balance Sheet Strengthening & Liquidity
Net leverage reduced by 0.4x YoY to 3.4x (inside target 2.5–3.5x). Blended cost of debt lowered to 6.7% and average debt maturity is ~4 years. Company secured an undrawn $250m term loan and reports >$500m total available liquidity (cash + undrawn facilities).
Shareholder Returns Initiated and Buybacks Executed
Completed $34m of buybacks year‑to‑date and $58m cumulatively since program inception. Announced inaugural interim dividend of 0.6 pence per share (~$8m) and expect total FY'26 dividend of ~$25m; planned shareholder distributions of GBP 76m for the year remain unchanged.
Contracted Revenue Visibility
Record contracted future revenues of $5.9bn with an average remaining initial contract life of 6.5 years (excludes auto‑renewals), providing a strong underlying earnings base before new business.
Capital Allocation Focused on High‑Return Organic Growth
Impact 2030 priorities reaffirmed: >$500m organic growth CapEx over the period, blended returns >30% on invested capital for prioritized projects, and target >9% EBITDA CAGR (2025–2030). Discretionary CapEx guidance increased to GBP 215–245m to support accelerating demand.
Compelling Long‑Term Market Fundamentals
Data consumption in the footprint grew 6x over the past 5 years and is forecast to grow ~12x by 2040. Terrestrial networks expected to carry ~97% of data in 2040. Management estimates ~72,000 additional addressable tenancies by 2040 (~2x current footprint), driven by ~600m population growth and ~800m new mobile subscribers in the region.
Operational Execution and Customer Service
Operational metrics include ~99.99% power uptime and ability to bring colocation customers online within 24 hours; H1 CapEx of GBP 115m (discretionary GBP 102m) delivered 2,511 tenancies in period.
DE:8HT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed