Maroc Telecom_PR-Q3 2023 Results
CONSOLIDATED RESULTS AT SEPTEMBER 30, 2023 Performances above targets: Growth of 3.2% in consolidated revenues, driven mainly by Moov Africa subsidiaries (+7.5%); Group EBITDA up 3.2%, with high EBITDA margin of 52.5%;Adjusted Group net income increasing by 2.4%;Sustained level of Group investments (excluding frequencies and licenses), reaching 20.7% of revenues. Against a difficult global macroeconomic environment, Maroc Telecom Group resumed revenue growth, driven by Data, particularly in Moov
Source: yahoo.com
