INTERXION - BBStrong 4Q17 results, expect higher net leverage in 2018 due to uptick in CapEx
Data center services company Interxion reported once again strong earnings growth, in line with our expectations. Revenue increased by 18% yoy to €130m while EBITDA came in 20% stronger at €59m. In response to strong demand, the company continued to invest massively.
InterXion Holding is a provider of carrier-neutral colocation data center services in Europe. Co. supports approximately 1,600 customers through 45 data centers in 11 countries enabling them to protect, connect, process and distribute their most valuable information. Within its data centers, Co. enables its customers to connect to a broad range of telecommunications carriers, Internet service providers and other customers. Co.'s data centers act as content, cloud and connectivity hubs that facilitate the processing, storage, sharing and distribution of data, content, applications and media between carriers and customers, creating an environment that Co. refers to as a community of interest.
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