Digi Communications increased revenues by 11 percent to 313 million Euro in Q1
Digi Communications published its financial results for the first quarter ended March 31st, 2020, increasing revenues by 11 percent compared to the same period of previous year (from 281.2 million Euro to 313.2 million Euro) and achieving 9 percent RGU growth, up to 16.5 million. Adjusted EBITDA was 114.7 million Euro (including IFRS 16), 26.4 percent increase compared to previous period.
“In the last two months, our management team’s top priority was to ensure the health and safety of our employees as well as our customers and ensuring the supply of the necessary protective equipment for the teams,” said Serghei Bulgac, CEO of Digi Communications. “We have also worked hard to prevent any delays in the supply chain, have continued to develop technical facilities and been cautious to preserve liquidity.