Millicom released a decent Q3 with, in particular, continued flat cash-flow generation.
Management confirmed its goal of delivering mid-single-digit service revenue growth and mid-to-high single-digit EBITDA growth over the mid-term.
The Board had decided not to pay a dividend in 2020. This will enhance Millicom’s 2020 cash-flow by $100m enabling the group to resume the execution of its plans once the pandemic passes: a share buy-back of $500m over 2021-23 and a dividend of SEK10 in respect of ....
30 Oct 2020
Very resilient cash-flow generation
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Very resilient cash-flow generation
- Published:
30 Oct 2020 -
Author:
Jean-Michel Salvador -
Pages:
3
Millicom released a decent Q3 with, in particular, continued flat cash-flow generation.
Management confirmed its goal of delivering mid-single-digit service revenue growth and mid-to-high single-digit EBITDA growth over the mid-term.
The Board had decided not to pay a dividend in 2020. This will enhance Millicom’s 2020 cash-flow by $100m enabling the group to resume the execution of its plans once the pandemic passes: a share buy-back of $500m over 2021-23 and a dividend of SEK10 in respect of ....