Consistent growth in Q3, net profit boosted by Spanish network sale
DIGI has reported its Q3 2024 earnings today morning. Revenues increased by 14.2%YoY, mainly driven by the Spanish segment where the revenue increased by 22.1% YoY.
While the OPEX and DD&A both increased YoY, the EBIT came in ten times higher at EUR
447mn driven by an EUR 390mn other income coming from the partial sale of its Spanish
FTTH network. EBITDA arrived at 565.4 in Q3, up by 276% YoY and Net profit rose to EUR
342.8mn from last year’s EUR 13mn.
Concorde Securities Ltd. is Hungary’s leading independent company engaged in investment banking activities. It provides its clients with integrated financial services, including securities trading, research, corporate financing advisory, capital market transactions, wealth management and investment advisory. The operational management of the company is the responsibility of the CEO, while the owners/managers (who control one-third of the company through their shares and options) are in charge of its strategic governance. Concorde Securities Ltd. is a member of the Budapest, Frankfurt, Warsaw and Bucharest stock exchanges, as well as of the Hungarian Association of Investment Service Providers.
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