Monthly Archives: May 2025

Assets, Business, Financial, Financial Information, Financial Statements, Funding, Investment, Money, Profits, Revenues, Stocks, Trading

Digi Communications Reports 19% Growth in Q1 2025 Revenues and Continued Expansion Across European Markets

BUCHAREST, Romania, 15-May-2025 — /EuropaWire/ — Digi Communications N.V., a leading European telecommunications company listed on the Bucharest Stock Exchange, has released its Q1 2025 financial report. A press release regarding this announcement has been issued on EuropaWire. The company reported consolidated revenues of EUR 532 million, marking a 19% year-on-year (YoY) increase, with adjusted EBITDA (excluding IFRS 16) of EUR 140.4 million, reflecting a slight 0.4% YoY growth. The company experienced a significant rise in revenue-generating units (RGUs), reaching nearly 29 million across mobile, broadband, Pay TV, and fixed telephony services, representing a 17% YoY growth.

CEO Serghei Bulgac highlighted the company’s ongoing expansion, particularly in Romania, Spain, Portugal, and Belgium, and the strong organic growth in RGUs, with over 1 million new users across the Group. Notable achievements include surpassing 6 million mobile users and 2 million broadband subscribers in Spain. Digi also reported progress in its newer markets, especially in Portugal, where operations began in November 2024, reaching 755k RGUs by the end of Q1 2025.

The company’s mobile segment continues to be a key revenue driver, making up 47% of total RGUs across all markets. Romania showed strong results, with mobile services increasing by 12.7%, while broadband and Pay-TV grew by 6.8% and 3.4%, respectively. Spanish operations saw impressive gains, with mobile users increasing by 25%, broadband users by 39%, and fixed services by 29%. In Italy, mobile services grew by 15%, while Portugal’s operations focused on a full range of telecommunication services, including mobile, broadband, and Pay-TV.

Digi is also proposing a gross dividend of RON 1.35 per share for the 2024 financial year, maintaining its commitment to increasing dividends annually since its IPO. The company’s strong performance across multiple markets reinforces its confidence in its long-term strategy and commitment to delivering shareholder value.

SOURCE: EuropaWire

Business, Financial, Financial Information, Financial Management, Financial Statements, Funding, Funds, Investment, Money, Profits, Revenues, Trading

Digi Communications N.V. Reveals Agenda for 2025 General Shareholders Meeting and 2024 Annual Report

BUCHAREST, Romania, 1-May-2025 — /EuropaWire/ — Digi Communications N.V. has announced the availability of its 2024 Annual Financial Report, which can now be accessed on the company’s official website under the Investor Relations section. A press release regarding this announcement has been issued on EuropaWire. In addition to this, the company has convened its General Shareholders Meeting (GSM), which will take place on June 18, 2025, at 2:00 p.m. CET at the offices of Freshfields Bruckhaus Deringer LLP in Amsterdam. The GSM will cover a range of important topics, including the discussion and approval of the 2024 Annual Report, which includes both the consolidated and stand-alone statutory financial statements and the auditor’s report.

A key item on the agenda is the approval of the dividend distribution, amounting to 1.35 RON per share, with the ex-date set for June 26, 2025, the record date for the dividend on June 27, 2025, and the payment date planned for around July 15, 2025. Other items for approval include the appointment of the statutory auditor for the 2025 financial year, the release from liability of the Board of Directors, and the remuneration report for 2024 (which will be an advisory, non-binding vote). The shareholders will also discuss the company’s compliance with the Dutch Corporate Governance Code (DCGC) for 2024.

Additionally, shareholders will vote on the designation of the Board of Directors as the competent body to repurchase Class B shares. Shareholders wishing to attend or vote at the meeting must be registered by May 21, 2025 (the Record Date) and notify the company by June 11, 2025. The notice and procedures for proxy voting are outlined in the company’s Convocation Notice.

Digi Communications N.V., a leader in telecommunications services across Europe, continues to demonstrate its commitment to transparency and shareholder engagement while focusing on its growth and development within the industry. This upcoming shareholders meeting is a critical event in the company’s corporate governance calendar as it looks to solidify its financial position and advance its long-term strategic goals.

SOURCE: EuropaWire