MTN:  10,154   +234 (+2.36%)  15/09/2019 00:00

MTN Group Says HY EBITDA For MTN Nigeria Grew By 40% To N304.9 Billion

July 26 (Reuters) - MTN Group Ltd:

* HY EBITDA FOR MTN NIGERIA (NOT TOTAL CO) GREW BY 40.0% TO N304.9 BILLION, OR 16.2% TO N253.0 BILLION ON IAS 17 BASIS

* SUMMARY OF MTN NIGERIA UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2019

* HY MTN NIGERIA MOBILE SUBSCRIBERS INCREASED BY 3.3 MILLION TO 61.5 MILLION

* MTN NIGERIA CHIEF FINANCIAL OFFICER ADEKUNLE AWOBODU HAS INDICATED HIS INTENTION TO RESIGN FROM POSITION OF CFO

* MTN NIGERIA BOARD HAS APPROVED A MAIDEN INTERIM DIVIDEND AS A LISTED COMPANY, OF N2.95 KOBO PER SHARE Source text for Eikon: [ID: nJseZ0021a] Further company coverage:

First Published: 2019-07-26 10:39:39
Updated 2019-07-26 10:42:14


© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.