Carlos Manso ChicoteSEGUIRMadrid Updated: Save Send news by mail electrónicoTu name *
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Cellenex, the value is having one of the best performances in the Ibex 35, has celebrated its Shareholders ‘ Meeting , in which the address received a strong backing to their management and gained the confidence to proceed to a prospective adventuring capital increase (the last year made two for a total of 3,700 million euros, with a great host). What would your “consolidation” in the eight european countries where it already operates (Spain, Italy, Portugal, Netherlands, France, Switzerland, the United Kingdom and Ireland), without desartar possible opportunities in the countries of eastern Europe.
In a meeting with the media, subsequent to the Shareholders ‘ Meeting, the CEO of the company Tobias Martinez, adding that “I have never left to explore new opportunities,” but that his goal is strengthened in those countries that already operate. In any case, will always be through majority stakes: “We are an industrial partner, not a financial one: any minority participation does not interest us”, said a senior executive who believes that only then can they create value brown customers.
The Board of Shareholders also re-elected to Franco Bernabè as non-executive chairman, as well as to Mamoun Jamai and Christian Coco as nominee directors on behalf of the sovereign wealth fund ADIA (Abu Dhabi Investment Authority) and Edizione. In addition to ratifying also the independent Marieta del Rivero. In the same way, gave the green light to maintain its dividend policy, which will increase 10% per year, and it was a positive balance in a 2019 that the CEO of Cellnex Tobias Martinez, called it “extraordinary”.
similarly, the maximum executive of the operator of infrastructures of telecommunications also made a balance of the first half of 2020 in which he emphasized the impact of the acquisitions of 2019 on the magnitudes of the company: revenues were up 48% (723 million euros) compared to the first half of last year, while the Ebitda did a 64% (527 million) and free cash flow-recurring are increased by 54% (267 million) about a year ago.
This has led to Martinez to formalize the revision upwards of the forecast Ebitda for this year, that would be between 1.160 and 1.180 million euros (at the beginning of the year, driving a ranto of between 1065 and 1085 million), with growth in free cash flow-recurring 70% with respect to the 2019.