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Stock impact report

Millicom (Tigo) Q3 2024 Earnings Release

Millicom International Cellular S.A. (TIGO) 
Last millicom international cellular s.a. earnings: 5/1 04:01 pm Check Earnings Report
Company Research Source: GlobeNewswire
Millicom (Tigo) Q3 2024 Earnings Release Luxembourg, November 7, 2024 – Millicom is pleased to announce its third quarter 2024 results. Please find below links to the Q3 2024 Earnings Release and IAS 34 Interim Condensed Consolidated Financial Statements. Highlights* Revenue $1.43 billion up 0.5% - Service Revenue up 1.8% (2.4% organically)   Robust commercial activity: 299,000 Postpaid Mobile and 68,000 Home FTTH/HFC net additionsOperating profit $300 million, up 43.1% EBITDA $585 million, up 9.8% Net income $51 million ($0.30 per share)Equity free cash flow $271 million, up from $100 million in Q3 2023 Leverage 2.59x, down 0.18x from 2.77x at Q2 Financial highlights ($ millions) Q3 2024 Q3 2023 Change % Organic % Change 9M 2024 9M 2023 Change % Organic % Change Revenue 1,431 1,424 0.5% 1.0% 4,376 4,186 4.5% 2.1% Operating Profit 300 209 43.1%   968 597 Show less Read more
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