Helios Towers beats Q3 forecast, unveils $400 million shareholder returns plan
By
Binu Mathew
Telecom towers operator Helios Towers on Thursday reported stronger-than-expected third‑quarter results and launched a $75 million share buyback as part of a new five‑year plan targeting more than $400 million in returns to investors.
Adjusted earnings before interest, taxes, depreciation and amortisation rose 5% year-on-year to $120.1 million, exceeding the $117.8 million forecast in a company‑compiled consensus.
