Digi ups turnover, earnings by double digit rates in 2019

Romanian telecom group Digi Communications NV, controlled by local businessman Zoltan Teszari, and operating in Romania, Hungary, Spain and Italy, reported that its operating profit (EBITDA) rose by 17% in 2019 versus 2018 to EUR 380 million, under comparable terms. The transition to IFRS16 accounting standards added another EUR 66 mln to the figure resulting in a final IFRS16 EBITDA of EUR 446 mln. The company’s net profit thus more than doubled ...

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