The consolidated EBITDA (earnings before interest, taxes, depreciation, and amortization) reached €1.605 billion, a 1.7% increase over the same period in 2024, the company announced in a statement to Spain’s National Securities Market Commission, corresponding to Portugal’s CMVM.
By the end of the first half of 2025, net bank debt stood at €17.1 billion, with 78% being fixed-rate debt.
“The results consolidate Cellnex’s organic growth trajectory,” stated Marco Patuano, the company’s CEO, who in June paid a total dividend of €11.82 million (€0.0167 per share).
The company has “strengthened its capital structure through the issuance of long-term debt and the refinancing of a syndicated credit line, significantly improving its liquidity and financial flexibility,” he added.
Cellnex’s performance in recent quarters has been marked by the divestment of its activities in Ireland, finalized in February for €971 million, and in Austria, completed in December for €803 million.
Based in Spain, Cellnex operates in 10 European countries, including Portugal, where it entered the market in 2020 by acquiring Altice Portugal’s mobile towers, later expanding its operations with the purchase of NOS’s antennas.
The company has a portfolio of approximately 110,000 sites [towers] and supports the activities of about 250 million people in markets such as Denmark, France, Poland, and the Netherlands.
