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PPF Telecom Group shows solid revenue growth in 2021

e& PPF Telecom Group

2/3/2022 | 1 minute to read

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PPF Telecom Group B.V. has published its audited consolidated financial accounts for 2021.

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PPF Telecom Group

23/3/2023

PPF Telecom Group Posts Solid Financial Results in 2022

e& PPF Telecom Group

2/3/2021

PPF Telecom Group has published its 2020 results

PPF Telecom Group B.V. has published its audited consolidated financial accounts for 2020.

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Key performance indicators:
  • Number of mobile customers of the Group at the end of 2021 was 18.3 million, down 0.3% year over year as a result of the divestment of operations in Montenegro.
  • The Group’s consolidated revenue in 2021 reached EUR 3.3 billion, up 5.6% year-on-year.
  • The group’s reported EBITDA (earnings before interest, tax, depreciation and amortisation) for 2021 grew 10% year-on-year to EUR 1.6 billion. All business units contributed to this growth, along with favourable impact from one-off items and appreciation of the Czech Crown against Euro.
  • CAPEX (excluding spectrum costs) grew by 10% year-on-year, in step with the roll-out of 5G networks in Bulgaria, Czechia, Hungary, and Slovakia.

 The consolidated interim financial accounts are available at company’s website at https://www.ppftelecom.eu/financial-reports.