Airtel Money Reports 34% Revenue Growth, Reaffirms Outlook
Revenue rose 34% to $830 million in the six months to September end, or 25% on a constant-currency basis. Underlying EBITDA increased 16% to $398 million.
The African business, which debuted on the London market earlier this month, saw revenues jump 34%, or 25% on a constant currency basis, to $830m in the six months to September end, while underlying earnings before interest, tax, depreciation and amortisation were 16% stronger at $398m.The customer…