Gamma Communications Plc (GAMA.L) said on Tuesday that its profit fell in the first half of 2025, impacted by higher cost of sales and increased operating expenses. Adjusted profit and revenue, rose from last year, helped by a good performance in the German market. The company also lifted its interim dividend for the period by 14 percent and now expects annual Adjusted EBITDA slightly ahead of market expectations.
The British telecommunications company posted profit of 32.4 million pounds or 34.1 pence per share in the first half of the year, down from 35.8 million pounds or 36.7 pence per share in the same period last year.
On an adjusted basis, profit climbed to 45.5 million pounds or 47.9 pence per share in the six-month period, compared to 41.4 million pounds or 42.5 pence per share in the year-ago period.
According to Gamma Communications, half-yearly profit before tax fell 10 percent to 43.5 million pounds from 48.5 million pounds in the corresponding period last year. Adjusted profit before tax, however, rose 9 percent to 61.0 million pounds from 56.0 million pounds in fiscal 2024.
Half-yearly revenues came in at 316.6 million pounds, a 12 percent rise from 282.5 million pounds in the previous-year period. The company's adjusted EBITDA increased 14 percent to 70.9 million pounds from 62.2 million in the same period a year ago.
Looking ahead, for fiscal 2025, the company expects Adjusted EBITDA to be in line with current market expectations of between 139.4 million pounds and 143.1 million pounds. Adjusted earnings per share is projected to be marginally more than the 89.9 pence-93.9 pence range.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.