2. Calculated as net debt divided by last quarter annualised Adjusted EBITDA for the period. · Full year Group revenue increased by 7% year-on-year to US$414.0m (2019: US$387.8m), driven by the continued growth in the number of sites and tenancies across the Group. o Q4 2020 Group revenue increased by 2% quarter-on-quarter to US$106.1m (Q3 2020: US$103.6m). · Full year Adjusted EBITDA increased by 10% year-on-year to US$226.6m (2019: US$205.2m), driven by tenancy growth and continued improvements in operational efficiency, with Adjusted EBITDA margin expanding to 55% (2019: 53%), up 2ppts. o Q4 2020 Adjusted EBITDA increased by 5% quarter-on-quarter to US$60.1m (Q3 2020: US$57.4m). · Full year operating profit increased by US$60.8m year-on-year to US$56.3m (2019: US$-4.5m).
About Helios Towers Helios Towers is a leading independent telecommunications infrastructure company in Africa, having established one of the continent s most extensive tower portfolios with over 7,200 towers across five countries. It builds, owns and operates telecom passive infrastructure, providing services to mobile network operators. Helios Towers owns and operates more sites than any other operator in each of Tanzania, Democratic Republic of Congo ( DRC ), and Congo Brazzaville. It is also a leading operator in Ghana with a strong urban presence and established a presence in South Africa in 2019. Helios Towers pioneered the model in Africa of buying towers held by single operators and providing services utilising the tower infrastructure to the seller and other operators. This allows wireless operators to outsource non-core tower-related activities, enabling them to focus their capital and managerial resources on providing higher quality services mor
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