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Helios Towers PLC on Thursday announced a higher revenue amid a swing to a pretax profit, helped by an increase in tenancies. The London-based telecom tower company said it swung to a pretax profit of $77.2 million in the first half of 2025, from a loss of $400,000 a year ago. Revenue climbed 7.3% to $418.3 million from $389.9 million. Cost of sales increased 12% to USD to $210.9 million from $188.9 million, while administrative costs were 9.2% higher at $75.1 million compared to $68.8 million. Finance costs however came down 38% to $73.7 million from $119.7 million. Further, Helios Towers reported other gains of $15.8 million, swung from other losses of $13.9 million. Adjusted earnings before interest, tax, depreciation and amortisation climbed 9.4% to $225.5 million from $206.2 million. Tenancies at June 30 stood at 30,617, up 7.1% from 28,574 a year prior. Looking ahead, the company reaffirmed its 2025 guidance of adding between 2,000 and 2,500 tenancies, and an adjusted Ebitda of between $460 million and $470 million. This compares to 2,481 tenancy additions in 2024, and adjusted Ebitda of $421.0 million, meaning Helios Towers targets an adjusted Ebitda growth of at least 9.3% for 2025. Chief Executive Officer Tom Greenwood said: ‘We have achieved what we set out to, with our successful platform integration supporting free cash flow inflection and expansion, setting the business up for the next phase of our strategy. ‘Our Capital Markets Day, scheduled for November 6, will outline that new five-year strategy, our ambitious targets and new capital allocation policy, all of which will position us to maximise value for all our stakeholders.’ Helios Towers shares were up 0.8% at 119.60 pence each on Thursday afternoon in London, giving it a market capitalisation of £1.27 billion. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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