New Street Research - Helios Towers (HTWS) Helios Towers (Buy, TP: GBp140, +33%) Q3 24: Mixed quarter; encouraging FY25 targets; call feedback included

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New Street Research

Chris Hoare

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Helios Towers (Buy, TP: GBp140, +33%) Q3 24: Mixed quarter; encouraging FY25 targets; call feedback included

Helios Towers has reported a mixed set of Q3 results. Revenue missed consensus while EBITDA came in in line. The company has increased guidance for organic tenancy net additions and is guiding towards the high end of the FY24 guidance.

07/11/2024 1 EN

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Helios Towers

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GB00BJVQC708 London Stock Exchange United Kingdom

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Chris Hoare

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Helios Towers (Buy, TP: GBp140, +33%) Q3 24: Mixed quarter; encouraging FY25 targets; call feedback included

EM Towers Q2 CY24 review: Improving trends in China and Africa, Indonesia stable while Indus slowed

Helios Towers - Initiation. Buy. Price target GBp 140

Alphabet (GOOGL, Buy, $213 target) Forget Chrome, 3P payments are the heart of the issue

SATS: DBS merger breaks

3Q24 Broadband Trends: FWA capacity limits; FWA demand limits

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