Airtel Africa PLC
AAF
ISIN GB00BKDRYJ47 / Valor 48524116
Airtel Africa PLC
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About company
Airtel Africa PLC is a leading telecommunications and mobile money service provider, holding the position of the second-largest telecom operator across the continent. The company has established a significant presence in 14 markets, primarily within East Africa, Central, and West Africa. As of the first half of the fiscal year 2024, Airtel Africa boasts a customer base of 147.7 million, which includes 59.8 million data customers and 36.5 million Airtel Money customers. The company has demonstrated robust financial performance, showcasing 23 consecutive quarters of double-digit revenue and EBITDA growth. Airtel Africa offers a range of services including voice, data, mobile money, and digital services, and has successfully deployed 4G services across all its markets. The company's operations are strategically positioned to capitalize on the growing demand for telecommunications and financial services in sub-Saharan Africa, a region characterized by a young and expanding population, increasing urbanization, and a relatively low telecom penetration rate.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (26.12.2024):
Revenue Performance
Airtel Africa PLC reported revenue of $4,979 million for the year ended March 2024. This represents a decline of 5.3% in reported currency compared to the previous year. However, in constant currency terms, the company achieved a robust revenue growth of 20.9%, highlighting the underlying strength of its operations across its markets.
EBITDA Growth
The company's EBITDA for the year stood at $2,428 million, reflecting a growth of 21.3% in constant currency. Despite a reported currency decline of 5.7%, Airtel Africa PLC's EBITDA performance underscores its operational efficiency and ability to manage costs effectively in a challenging economic environment.
Operating Profit
Airtel Africa PLC's operating profit reached $1,640 million for the year ended March 2024. This marks a 20.3% increase in constant currency terms, although there was a 6.7% decline in reported currency. The company's focus on cost management and operational improvements contributed to this positive outcome.
Capital Expenditure
During the year, Airtel Africa PLC invested $737 million in capital expenditure, slightly down from $748 million in the previous year. This investment was directed towards expanding and enhancing its network infrastructure, including the rollout of 4G and 5G services, to support future growth and digital inclusion across its markets.
Basic Earnings Per Share
The basic earnings per share for Airtel Africa PLC decreased to (4.4) cents for the year ended March 2024, compared to 17.7 cents in the previous year. This decline reflects the impact of currency devaluations and other macroeconomic challenges faced by the company during the period.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
5311 M
Market cap (USD)
3,280,162
Daily traded volume (Shares)
1.106 / 1.054
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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