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BRIEF-Maroc Telecom net income group share rises 8.7% to 1.4 billion Moroccan dirhams
April 24, 2017 / 5:24 AM / in 8 months

BRIEF-Maroc Telecom net income group share rises 8.7% to 1.4 billion Moroccan dirhams

April 24 (Reuters) - Maroc Telecom:

* Q1 2.1% increase in consolidated EBITA to MAD 2,466 million ($246.21 million) and 8.7% rise in group share of net income to MAD 1,366 million, at constant exchange rate and excluding exceptional items

* Q1 1.4% growth in group’s EBITDA to MAD 4,242 million

* Q1 2.7% increase in group customer base, to reach more than 54 million customers

* 2017 outlook maintained, at constant scope and exchange rates: stable revenues; stable EBITDA; capex approximately 23% of revenues, excluding frequencies and licenses Source text for Eikon: Further company coverage: ($1 = 10.0160 Moroccan dirham) (Gdynia Newsroom)

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