Helios Towers | Highlights

Key highlights (Q3 2019)

Q3 2019 is the 19th consecutive quarter of Adjusted EBITDA growth.
Q3 2019 revenue increased by 11% year-on-year to US$97.3m (Q3 2018: US$88.1m).
Q3 2019 Adjusted EBITDA up 16% year-on-year to US$52.5m (Q3 2018: US$45.2m) with Q3 2019 Adjusted EBITDA margin at 54% (Q3 2018: 51%), up 3ppt. This is the 19th consecutive quarter of Adjusted EBITDA growth.
Q3 2019 operating profit increased by US$3.1m to US$0.1m (Q3 2018: US$(3.0)m).
Revenue for the 9 months to 30 September 2019 increased by 8% year-on-year to US$288.0m (30 Sep 2018: US$266.2m).
Adjusted EBITDA for the 9 months to 30 September 2019 increased by 16% to US$151.5m (30 Sep 2018: US$131.1m) with Adjusted EBITDA margin at 53% (30 Sep 2018: 49%), up 4ppts.
Operating profit for the 9 months to 30 September 2019 increased by US$17.8m to US$12.7m (30 Sep 2018: US$(5.1)m).

Increase in tenants of 9% year-on-year to 14,226 tenants (Q3 2018: 13,063 tenancies).
Increase in sites of 5% year-on-year to 6,903 total sites (Q3 2018: 6,560 total sites).
Tenancy ratio increased by 0.07x to 2.06x (Q3 2018: 1.99x).
On 18 October 2019 Helios Towers Plc was admitted to the premium segment of the Official List and trading on the Main Market of the London Stock Exchange (Ticker: HTWS.L).
The following new appointments were made to the Plc Board - Sir Samuel Jonah (Chairman), Magnus Mandersson (Senior Independent Director) and Alison Baker (Independent Non-Executive Director). A full list of Non-executive Directors appointed at the time of the Group’s IPO and their biographies can be found after Note 21 of the full announcement.