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Romania's telco Digi doubles its profit in H1 as more customers added

August 16, 2024

The Romanian telecommunications group Digi Communications (BVB: DIGI) announced its consolidated revenues increased 13% y/y to EUR 921 million, while its net profit doubled y/y to EUR 54.3 million in H1.

The company's market capitalization reached EUR 1.24 billion after the price of its shares rose by 77% y/y.

This puts the annualized profit realized in H1 at 8.8%. Out of last year's profit, the company paid a dividend consistent with a yield of 1.91%

In Q2, the company's...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/digi-results-aug-2024
Read in full - click here
The next Daily Bulletin will be Tuesday, June 10, 2025

Due to the Pentecost holidays, we will resume our activity tomorrow, 10 06 2025

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