Analyst Coverage & Consensus

Helios Towers plc is covered by research analysts at 10 registered investment research firms: BofA Securities, Barclays, Berenberg, Citi Research, EFG Hermes, Jefferies, J.P. Morgan Cazenove, Numis Securities, Quest (Canaccord Genuity) and Standard Bank.

These forecasts are not endorsed by Helios Towers plc, nor does Helios Towers plc assume any obligation to update or revise the consensus to reflect circumstances arising after the date below.

This consensus has been compiled by Helios Towers plc as of 03 November 2022. The consensus reflects financial forecasts from all registered investment analysts who have released research including updated financial forecasts within the two months prior to the compilation date. Firms contributing to the consensus were: BofA Securities, Barclays, Berenberg, Jefferies and Numis Securities.

(In US$m, unless indicated otherwise) FY2022   FY2023   FY2024  
Mean High Low Mean High Low Mean High Low
Sites (#) 12,543 14,673 11,020 15,208 15,343 14,822 15,885 16,048 15,632
Tenancies (#) 22,975 25,401 21,306 26,892 27,228 25,744 28,659 29,210 27,431
Revenues 554.9 557.5 552.6 690.3 700.3 668.6 752.8 762.6 731.3
EBITDA(1) 280.1 281.1 277.8 366.6 374.5 358.4 413.4 427.1 404.1

 

(1) Adjusted EBITDA is defined as loss for the period, adjusted for tax expenses, finance costs, gain/(loss) on derivative financial instruments, interest receivable, loss on disposal of property, plant and equipment, amortisation of intangible assets, depreciation and impairment of property, plant and equipment, depreciation of right-of-use assets, recharged depreciation, deal costs, share-based payments and long-term incentive plan charges, and exceptional items. Exceptional items are material items that are considered exceptional in nature by management by virtue of their size and/or incidence.