– Italian tower group Rai Method mentioned on Thursday it anticipated revenues and adjusted core earnings to develop this 12 months, after posting a 4.8% rise in adjusted core earnings for the final quarter of 2021.
The group mentioned revenues would develop by a “mid single digit” proportion, boosted by a mechanism that ties them to rising inflation and the outcomes of ‘re-farming’, or redeployment of the electromagnetic spectrum for higher-value companies.
Adjusted core earnings may even improve in 2022, supplied electrical energy costs normalise, it mentioned.
Within the final three months of 2021 adjusted earnings earlier than curiosity, tax, depreciation and amortisation (EBITDA) have been 33 million euros ($37 million).
Revenues rose 3.2% from the earlier quarter to 58.2 million euros.($1 = 0.9001 euros)
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