Helios Towers sees continued core profit growth in 2025, dividend from 2026
March 13 (Reuters) - Helios Towers (HTWS.L), opens new tab forecast on Thursday its adjusted core earnings would continue to rise in 2025 after the independent telecommunications infrastructure company reported a 2024 profit rise in line with analysts' expectations.
The British-based firm still plans to start returning capital to shareholders in 2026, its Chief Executive Tom Greenwood said in a statement.
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Helios Towers said it expected 2025 adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) to rise to between $460 million and $470 million this year after they grew by 14% to $421 million in 2024.
Analysts had in average expected them to be $420.7 million, in a consensus provided by the company.
The number of tenants, or operators using its tower infrastructure, grew by 9% to 29,406 in the year, helped by growth in Tanzania and Oman, compared with analyst estimates of 29,379.
Helios Towers "continues to deliver across its metrics" Jefferies said in a note.
The tower company builds, owns and operates telecom passive infrastructure for mobile network operators in Africa and the Middle East. Its customers include Airtel Africa (AAF.L), opens new tab, Vodafone (VOD.L), opens new tab, Orange (ORAN.PA), opens new tab and Axian.
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