BUCHAREST, Romania, 14-Nov-2025 — /EuropaWire/ — Digi Communications N.V. reported Q3 2025 results that continue to show strong commercial momentum but tightening financial conditions, as double-digit revenue growth was offset by a steep fall in profitability, according to its press announcement made on EuropaWire today. Group revenues rose 14.3% year on year to €560.9 million, supported by sustained subscriber expansion in Spain, Romania, Portugal and Italy, taking total RGUs to more than 30 million. However, net profit dropped to €16.7 million from €341.2 million in the prior-year quarter, reflecting the absence of last year’s exceptional other income as well as higher operating costs, increased depreciation from ongoing network investment, and rising finance expenses tied to a larger debt load.

Adjusted EBITDA grew 6% to €188.2 million but margins narrowed slightly, and operating cash flow weakened compared with last year. The company’s capital intensity remained elevated, with substantial expenditure on infrastructure, spectrum and subscriber acquisition pushing investment cash outflows higher. Debt levels continued to rise, and Digi issued €600 million in new senior secured notes to refinance upcoming maturities and strengthen liquidity.

For investors, the quarter highlights a familiar trade-off: Digi is expanding aggressively and capturing market share across Europe, yet short-term profitability, margins and cash flow are under pressure, and leverage is trending upward. The group’s ability to stabilise ARPU in high-growth markets, manage financing costs and convert scale into stronger earnings will remain key areas of attention.

SOURCE: EuropaWire