Iliad posts revenue up 8.1% in Q3


Nov 15 (Reuters) – French telecommunications group Iliad on Tuesday reported an 8.1% increase in third-quarter revenue, driven by growth in the number of subscribers in France, Italy and Poland.

Iliad, which its founder Xavier Niel delisted last year, recorded consolidated revenue of 2.15 billion euros in the three months ended September 30, compared to 1.91 billion euros a year ago, i.e. published organic growth of 12.5%, and pro forma of 8.1%.

Over the first nine months of the year, consolidated profit before interest, tax, depreciation and amortization after rent (EbitdaaL) reached 2.42 billion euros, against 2.15 billion a year ago. (Written by Valentine Baldassari, French version Elena Smirnova, editing by Kate Entringer)










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