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A1 Croatia's EBITDA up 13% y/y in Jan-Sept

Author Annie Tsoneva
A1 Croatia's EBITDA up 13% y/y in Jan-Sept Author: A1 Bulgaria / All rights reserved.

ZAGREB (Croatia), October 20 (SeeNews) - A1 Telekom Austria Group said its Croatian unit recorded earnings before interest, taxes, depreciation and amortisation (EBITDA) of 125.8 million euro ($ 146.4 million) in the first nine months of 2021, up 13.1% year-on-year.

The revenues of A1 Croatia rose 7.7% on the year in January-September, reaching 336.2 million kuna, A1 Telekom Austria Group said in an interim financial statement.

For the third quarter of 2020 alone, A1 Croatia reported EBITDA of 50.7 million euro, up 15.1%, as revenues rose 8.7% to 121.5 million euro.

On the mobile segment, A1 Croatia competes with Telemach Hrvatska, the local unit of United Group, and the wireless arm of Hrvatski Telekom (HT) [ZSE:TH].

All of them recently have been granted licences for 5G networks, as well as Italy's EOLO.

($ =0.859 euro)

Hrvatski Telekom d.d. is among the biggest companies in SEE, for more reference take a look at Top 100 companies