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Cellnex Telecom, S.A. (CLNX.MC)

MCE - MCE Delayed price. Currency in EUR
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32.74-0.12 (-0.37%)
As of 01:00PM CET. Market open.
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Previous close32.86
Open33.02
Bid32.74 x 0
Ask32.75 x 0
Day's range32.64 - 33.11
52-week range26.02 - 38.94
Volume209,568
Avg. volume1,217,627
Market cap23.099B
Beta (5Y monthly)0.66
PE ratio (TTM)N/A
EPS (TTM)-0.44
Earnings date25 Apr 2024
Forward dividend & yield0.06 (0.17%)
Ex-dividend date21 Nov 2023
1y target est53.83
  • Reuters

    Cellnex expects core earnings of up to 4 billion euros in 2027

    Cellnex on Tuesday said it expects revenues of up to 4.7 billion euros ($5.1 billion) and adjusted core earnings of up to 4 billion euros in 2027, as it unveiled its new outlook amid a shift in strategy to focus on cutting debt. In 2023, Europe's largest mobile phone tower operator's revenues, excluding pass-through costs, totalled 3.6 billion euros and its adjusted earnings before interest, taxes, depreciation and amortisation reached 3 billion euros. The Spanish company added it would improve its dividend policy for shareholders and continue reducing debt, while remaining open for potential investment opportunities.

  • Reuters

    Asterion, SBA and Phoenix circle Cellnex's Irish unit, sources say

    U.S. wireless tower operator SBA Communications Corp, Blackstone-backed Phoenix Tower and Spanish fund Asterion Industrial Partners are vying for Cellnex's Irish unit, according to five sources familiar with the matter. Mobile phone tower operator Cellnex is advised by Santander and Barclays on the deal and binding offers from the three parties are expected next week, three of the sources added, speaking on condition of anonymity. A deal would value Cellnex's Irish unit, which manages almost 2,000 sites in the country, close to 1 billion euros ($1.08 billion), the fourth person said.

  • Reuters

    Cellnex speeds asset sales in drive for investment grade - CEO

    LONDON (Reuters) -Mobile phone tower operator Cellnex will accelerate asset sales in a bid to get an investment grade credit rating by the middle of next year and is preparing for a wave of consolidation in the sector, CEO Marco Patuano told Reuters. Patuano said he expected cash generation would accelerate drastically in two or three years, when capital expenditure (capex) commitments reduce and assets are mature enough to generate higher returns. At that time, Cellnex envisages consolidation among the six largest European tower operators.